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5 Cannabis Stocks We're Watching Today

March 8, 2017

 

Looking at the news released this morning from cannabis-related stocks, it seems that there are a handful of companies worth keeping an eye on in trading today. You'll find charts for these five marijuana stocks in the embedded widget below:

 

 

Whats Moving in the Canadian Marijuana Stocks?

 

Midway through the trading day yesterday, Invictus MD Strategies announced that their 82.5% owned subsidiary, Future Harvest, increased gross margins big time. Shares of Invictus MD (CSE:IMH) (OTC:IVITF) (FRA:8IS) are up so far today, and we'll be watching the markets as the news continues to be digested by marijuana stock traders and investors.

 

Yesterday evening, Vodis Pharmaceuticals announced a clarification regarding a previously made disclosure including "future oriented financial information" and more. Shares of Vodis Pharma (CSE:VP) (OTC:VDQSF) (FRA:1JV) are up slightly on the news, and we'll be watching the markets as the disclosure clarification continues to be digested by marijuana stock traders and investors.

 

This morning, Golden Leaf Holdings (a Canadian company with U.S. operations) announced a shareholder update regarding sales activity in their Oregon operations. Despite a positive update, shares of Golden Leaf Holdings (CSE:GLH) (OTC:GLDFF) are down over 4% so far in trading today, but we're going to keep a close eye on the markets as traders and investors determine their outlook on the company. 

 

Whats Moving in the U.S. Marijuana Stocks?

 

In U.S. marijuana-related stocks, we're watching shares of mCig as the markets digest the recently announced appointment to construct Oregon's largest cultivation facility. Despite this news, the bears have pushed shares of mCig Inc. (OTC:MCIG) down over 12% so far today. Those who are bullish on mCig should consider this a chance to get in at a discount. We'll be watching the markets as the announcement continues to be digested by marijuana stock traders and investors.

 

In addition to mCig, we're also watching shares of Cannabis Science following this morning's announcement of anticipated greenhouse delivery for the company's California and Nevada operations and more. So far today, shares of Cannabis Science, Inc. (OTC:CBIS) are down just under 4% on the news. We'll be watching the markets as the announcement continues to be digested by marijuana stock traders and investors.

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Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.