Cannabis Sativa Inc. (OTC:CBDS) Stock Surges After A Major Update
Following the announcement from the company on Thursday, the Cannabis Sativa Inc. (OTC:CBDS) stock was in sharp focus among investors and ended up with gains of 13% for the day.
PrestoDoctor Oklahoma Patient Drive at Pura Cannabis Collective
The company announced yesterday that it was going to co-sponsor a patient drive at a PrestoDoctor event that would take place at Pure Cannabis Collective. The event would be hosted in Tulsa, Oklahoma, between 5 PM and 9 PM on October 11, 2024. The attendees would also be entitled to $35 off from regular priced items owing to referrals. Additionally, the attendees who sign up for the event would also be supplied with a gift voucher from Pura.
Significance
In this context, it should be noted that Patient Drives have served PrestoDoctor well. Due to those drives, cannabis patients spread across 15 states rated PrestoDoctor as the best online medical marijuana doctor service provider. The service has served in excess of 500000 patients so far.
Cannabis Sativa boasts of holding a United States patent on the Ecuadorian Sativa cannabis strain, a United States patent for marijuana lozenge, and trade secret formulas as well. In light of the latest development, it remains to be seen if the stock can hold on to its momentum in the coming days.
Key Technicals
| +/- EMA(20) | 0.0083 (+51.81%) |
| +/- SMA(50) | 0.0065 (+93.85%) |
| +/- SMA(200) | 0.0135 (-6.67%) |
| 5-Day Perf. | +48.24% |
| 1-Month Perf. | +152% |
| 3-Month Perf. | +13.51% |
| 6-Month Perf. | -25% |
| YTD Perf. | +40% |
| 1-Year Perf. | +200% |
| RSI(14) | 72.59 |
| ATR(14) | – |
| ADX(14) | 54.7 |
| Beta (5Y) | 0.73 |