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Tuesday's Marijuana Stock Watch List

April 11, 2017

(Image Credit - Nick Youngson)

 

Looking at the news that was released by marijuana related stocks since the close of trading on Monday and the trading action so far today, there are 5 companies worth keeping a closer eye on in the rest of the session. Companies are listed in alphabetical ticker order.

 

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

 Aurora Cannabis Inc. 

 

Shares of Aurora Cannabis (TSXV:ACB)(OTC:ACBFF)(FRA:21P) are down more than 8% in midday trading. Earlier today, Aurora announced a $40 million CAD capital raise. Additionally, shares of Aurora were halted earlier (along with those of three other Canadian LPs) after triggering a volatility based single stock circuit breaker. ACB has since resumed trading. We'll be sure to keep track of Aurora shares through the rest of the day to see how markets react to this news.

 

Aphria Inc. 

 

Aphria Inc. (TSX:APH)(OTC:APHQF) shares are down more than 6% as of midday trading Tuesday. Earlier this morning, Aphria shares were halted after triggering a volatility based single stock circuit breaker. We'll be sure to keep track of Aphria shares through the rest of the trading day. 

 

Invictus MD Strategies Corp. 

 

Shares of Invictus MD Strategies Corp. (TSXV:IMH)(OTC:IVITF)(FRA:8IS) are up more than 2% in midday trading. This morning, Invictus announced that Acreage Pharms, the licensed producer that Invictus has the option to acquire has commenced cultivation. We'll be sure to keep track of Invictus shares through the rest of the trading day to see how markets react to this news.

 

Organigram Holdings Inc.

 

Shares of Organigram Holdings (TSXV:OGI)(OTC:OGRMF)(FRA:0OG) are down more than 9% as of midday trading. Earlier today, shares of Organigram were halted due to volatility. On Monday, Organigram announced the company's acquisition of cannabis clinic operator, Trauma Healing Centers. We'll be sure to keep track of Organigram shares through the rest of the trading day. 

 

Emerald Health Therapeutics Inc.

 

Shares of Emerald Health Therapeutics (TSXV:EMH)(OTC:TBQBF) are down more than 16% in midday trading. Earlier today, the company announced an increase in its previously announced capital raise. We'll be sure to keep track of Emerald Health shares through the remainder of the trading day. 

 

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/.