Looking at the news released this morning from marijuana-related stocks, it seems that there are a few companies worth watching in trading today. You'll find charts for these five marijuana stocks in the embedded widget below:
Whats Moving in the Canadian Marijuana Stocks?
In late trading yesterday, Aurora announced that they'd be acquiring Peloton Pharmaceuticals out of bankruptcy. Peloton is a late-stage Licensed Producer applicant under Health Canada's ACMPR. We'll be keeping a close eye on shares of Aurora Cannabis (TSXV:ACB) (OTC:ACBFF) (FRA:21P) as the markets continue to digest this acquisition deal.
Organigram responded to a proposed class-action lawsuit regarding their recent voluntary recalls. Organigram was notified of the suit yesterday. Shares of Organigram (TSXV:OGI) (OTC:OGRMF) (FRA:0OG) are down, and we'll be watching the trading throughout the day.
Canopy Growth also responded to class-action lawsuits regarding product recalls. Shares of Canopy Growth (TSX:WEED) (OTC:TWMJF) (FRA:11L1) are down, and we'll be watching the trading throughout the day.
Whats Moving in the U.S. Marijuana Stocks?
In U.S. marijuana-related stocks, we're watching shares of Terra Tech Corp. (OTC:TRTC) because of the just-announced 13,000 square foot cannabis cultivation facility they'll complete this year in Oakland, CA.
This morning GW Pharmaceuticals (NASDAQ:GWPH) announced two new appointments. GW Pharma appointed a new CFO as well as a new Managing Director. Shares are down in trading so far, and we'll be watching as the day plays out.