Good morning!

So I had a hot and heavy growth play lined up for you this morning, but after digging a little deeper on Cannabis Science Inc. (CBIS) everything changed.

Take a glance at the CBIS chart and you’ll see what got me excited!

Yes! It’s been a miserable four, five months for CBIS as the price action plunged to 3 cents and change.

Yes! That’s because its medical marijuana business has been in “transition” mode. (Readmore)

But look at how CBIS finally started rounding a bottom about a week ago.

Consider how the RSI is flashing deeply “oversold” for the first time in YEARS.

And with the stochastic line flirting with the 20-point frontier, there’s plenty of natural fuel here for an old-fashioned relief move.

The clock is ticking because CBIS is based in Colorado Springs.

Turns out 47% of Colorado voters want to legalize marijuana…and only 38% oppose. (Readmore)

That vote goes up in November. If it goes CBIS’ way, the company’s fortunes look an awful lot better!

Plus, short interest on CBIS clocked in at 31% of all turnover yesterday. (Read more)

Those bears have had it SWEET but they’ve to cover some time, and if the action gets away from them, they might get a little desperate!

Now go back to that CBIS chart. You see any better set-ups to get that kind of action rolling?

More importantly, did my intuition just hand you a chance to make some fun today?

Papa Roach