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Marijuana Stocks To Watch Before 2016; Wee-Cig International Corp (OTCMKTS:WCIG), Medical Marijuana Inc (OTCMKTS:MJNA), Pharmacyte Biotech Inc (OTCMKTS:PMCB)

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Anyone who has been up to date with news knows that the marijuana sector is the gold rush of our time. The industry is significantly growing and does not look to be slowing down anytime soon. According to researchers at The ArcView Group, a research firm concentrated on marijuana, it is the “fastest-growing industry in the United States.” Within the next two years, and with elections coming up, the market is only growing to grow even more. Reaching $2.6 billion in 2014, and expecting to go even higher by the end of 2015, years beyond us are incredibly profitable.

Wee-Cig International Corp (OTCMKTS:WCIG) is a company that produces special vaporizers that may appeal to medical and recreational marijuana users. Their vaporizers are unique because they have special features that can help make a smoking session less tedious. For instance, one of their products, the Wee-Blockz, contains an inside that will prevent oils from getting stuck to the insides. Their other products, Wee-True and Wee-Vape have other special features such as adjustable temperatures.

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Here’s what the company’s director, Matt Kelly, has to say about the products: “The launch of the Wee-True, Wee-Vape and Wee-Blockz enhances the current Wee-Cig International Corp (OTCMKTS:WCIG) product line which is different and fresh given how saturated and competitive the market is. Also, the United States has over 1,137,000 million registered medicinal patients, many of which use concentrate as opposed to regular herbs and this trend in usage continues to grow. The new Wee-Cig product line accommodates this special niche market.” WCIG has seen prices as low as $0.01 and has seen a 79% difference to prices as high as $0.0179 over the last 90 days.

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Eanings Review: Rambus Inc. (NASDAQ:RMBS), Revlon Inc (NYSE:REV)

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Revlon Inc(NYSE:REV) +2.5% after-hours after announcing that President and CEO Fabian Garcia is stepping down “to pursue other opportunities,” and Executive Vice Chair Paul Meister will oversee operations on an interim basis.

REV also says it expects Q4 revenues of $785M, below $801M from the year-earlier quarter but ahead of analyst consensus estimate of $743M, and a $60M-$80M net loss for the quarter due to a charge related to the recent tax law changes.

REV expects Q4 adjusted EBITDA of $110M-$115M vs. $115M analyst consensus.

CFO Chris Peterson also denies rumors that the company is considering a material asset transfer that would shield assets from lenders.

Rambus Inc.(NASDAQ:RMBS) shares are down 5.5% aftermarket following Q4 results that beat revenue estimates and met on EPS. In-line Q1 guidance (under ASC 605 accounting change) has revenue from $94M to $100M (consensus: $100.38M) and EPS from $0.17 to $0.23 (consensus: $0.18).

Revenue breakdown: Royalties, $77.9M (+10% Y/Y); Product, $8.5M (-27%); Contract and other revenue, $15.5M (+2%); Licensing billings, $76.6M (+18%).Key metrics: Non-GAAP operating margin, 31%; total operating expenses, $67.5M; cash and equivalents, $172.2M; cash flow from operations, $33.3M.

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ADTRAN, Inc. (NASDAQ:ADTN) Hits New Lows After Issuing disappointing Earnings Forecast

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ADTRAN, Inc.(NASDAQ:ADTN) slumped to a 52-week low after forecasting below consensus guidance for Q4, revising its revenue estimate downward  to $125M from $155M-$165M earlier and seeing EPS of ~$0.01; analysts had expected EPS of ~$0.14 and revenue of $161.2M.

ADTN also projects Q1 to come in at roughly the same as Q4, misses analyst consensus of $167.5M.

CEO Tom Stanton says Q4 results have been hurt by a merger-related review, which ADTN expects to be completed in 60-90 days, and slowdown in the spending at a domestic Tier 1 customer.

MKM Partners analyst Michael Genovese believes the customer is CenturyLink (CTL -2%), which accounted for 24% of ADTN’s total sales in 2016.

The analyst thinks the weakness should prove temporary, adding that ADTN’s performance likely will accelerate into 2019 as the company stands to benefit from 5G spending; MKM trims its ADTN target price to $25 from $27 but keeps its Buy rating.

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Big IPO Coming: Celator Pharmaceuticals Inc(NASDAQ:CPXX), Moleculin Biotech’s (MBRX)

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Today at 10am Eastern, Moleculin Biotech ticker symbol MBRX will debut on the Nasdaq stock exchange and is being considered as one of the most highly anticipated IPO’s of 2016 by the street. The excitement and anticipation is arising from many experts saying that Moleculin Biotech’s (MBRX) drug annamycin is far superior to Celator Pharmaceuticals Inc(NASDAQ:CPXX) drug daunorubicin.

CPXX which has been bought out by Jazz Pharmaceuticals plc – Ordinary Shares(NASDAQ:JAZZ) for $1.5 Billion Dollars last week, share price ran from $1.6 to $31 in 2 months. Moleculin Biotech’s share structure is a 1.5m public float Priced at $6.

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