Cannabis Stocks Positioning to Regain Momentum in 2017

OWC Pharmaceutical Research Corp. (OTCQB: OWCP) closed up over 26% on Wednesday at $0.37 trading over 10.2 Million shares by the market close.  OWC Pharmaceutical Research Corp. engages in the research and development of Cannabis-based medical products.

AXIM Biotechnologies, Inc. (OTCQB: AXIM) closed up over 27% on Wednesday at $15 per share.  Medical Marijuana, Inc. announced earlier this wekk that its major investment company AXIM® Biotechnologies, Inc. has received positive pharmacokinetic (PK) data results on its CanChew Plus® CBD Gum, which will be used in upcoming clinical trials with patients suffering from irritable bowel syndrome (IBS).

22nd Century Group, Inc. (NYSE: XXII), a plant biotechnology company that is focused on reducing the harm caused by smoking, reported this week that the U.S. Food and Drug Administration (FDA) has provided the Company with helpful and positive feedback on the Company's combined Modified Risk Tobacco Product Applications (MRTPAs) and Premarket Tobacco Product Applications (PMTAs) for 22nd Century's "BRAND A" Very Low Nicotine tobacco cigarettes.

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