Cannabis Science Inc. (OTCMKTS:CBIS) Will Report Late

Cannabis Science Inc. (OTCMKTS:CBIS) had a nasty crash with the rest of the sector when it became clear that the republicans have taken the wheel, but unlike many other marijuana stocks, their crash has short-lived.

The tides turned on Friday, with the company increasing 5.60% of its market value on a dollar volume of 348 thousand.

What is interesting is that the ticker managed to rise, even though CBIS announced that investors are going to have to wait a while more before they could do actual due diligence on the company.

Truth be told, it is not like this move was unexpected – after all, dubious OTC Markets pot-stock companies tend to use this tactic in hopes of delaying the inevitable, maybe even get a couple of more days in the green on hype and hope.

Unfortunately, as it is now hype and hope is all investors have on CBIS. That is why, under the circumstance, it would probably be wise to wait until CBIS‘s next financials hit the web.

Even now, opportunistic traders are jumping on the CBIS train in hopes that will take them only forward and upward. However, investors should also consider the very real risk that the the company’s upcoming report may not bring good news. And if that happens, CBIS will likely resume its plummet.