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Friday's Marijuana Stock Watch List

April 7, 2017

 

Looking at the news that was released by marijuana related stocks since the close of trading on Thursday, there are 4 companies worth keeping a closer eye on in today's trading session. Companies are listed in alphabetical ticker order. 

 

Although not technically a marijuana stock, but rather a portfolio of them, we'd like to give a shout out to the Horizon's Medical Marijuana Life Sciences ETF (TSX:HMMJ) that is up more than 2% in midday trading finishing off a great first week!

 

Charts for these marijuana stocks can be found in the embedded widget below. 

 

Canabo Medical Inc. 

 

Shares of Canabo Medical (TSXV:CMM)(OTC:CAMDF)(FRA:ARAH) are down less than a quarter of a percent in midday trading on the OTC markets. Their Canadian listing is doing much better, trading up more than 2% on the day. This morning, Canabo Medical announced the results of a research study that connected medical cannabis use to a reduced dependence on benzodiazepine. We'll be sure to keep track of Canabo shares through the rest of the trading day to see how markets react to this news.

 

Emerald Health Therapeutics Inc. 

 

Shares of Emerald Health Therapeutics (TSXV:EMH)(OTC:TBQBF) are up more than 10% on strong volume in today's trading session without any recent news. Emerald Health Therapeutics is a constituent of the North American Medical Marijuana Index, the index that the HMMJ ETF seeks to track. We'll be sure to keep track of shares of Emerald Health as the day goes on. 

 

International Cannabis Corp.

 

Shares of International Cannabis Corp. (TSXV:ICC)(OTC:ICCLF) are up more than 16% in midday trading. This morning, International Cannabis Corp. provided an update on their recreational marijuana operations in Uruguay. We'll be sure to keep track of International Cannabis shares through the rest of the trading day to see how markets react to this news.

 

Valens GroWorks Corp. 

 

Shares of Valens GroWorks (CSE:VGW) are up roughly 7% in midday trading. After the close yesterday, Valens announced the company completed its acquisition of a Health Canada licensed cannabis testing lab. We'll be sure to keep track of Valens GroWorks shares through the rest of the trading day to see how markets react to this news.

 

Conclusion

 

To learn more about any of the cannabis companies or news stories mentioned, be sure to check out the articles and stock profiles linked above. So you never miss a marijuana stock update, be sure to connect with The Daily Marijuana Observer on social media using the links to the right of this article. If any of your friends are interested in investing in marijuana stocks, be sure to share this article with them using the links below.

 

D/M/O

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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/.