Looking at the universe of marijuana related stocks since the close of trading yesterday, there are a handful of companies worth watching in today's trading session. These cannabis companies are listed below in alphabetical ticker order.
Aphria Inc. (TSX:APH)(OTC:APHQF)(FRA:10E) shares are down roughly 1% in midday trading. This morning, Aphria reported their financial results for their 2017 fiscal third quarter. We'll be watching to see how the market continues to react to their earnings release.
In midday trading Thursday, shares of CannaRoyalty (CSE:CRZ)(OTC:CNNRF) are down roughly 3%. Earlier, CannaRoyalty reported its financial results for the nine-month period ended December 31, 2016. We'll be watching to see how the market continues to react to their earnings release.
Future Farm Technologies Inc.
Future Farm Technologies (CSE:FFT)(OTC:FFRMF) announced that their California cannabis cultivation facility is expected to begin growing in May. Shares of FFRMF are up roughly 5% in midday trading. We'll be watching to see how the markets play out for the rest of the day.
Invictus MD Strategies Corp.
Shares of Invictus MD Strategies Corp. (TSXV:IMH)(OTC:IVITF)(FRA:8IS) are down less than 1% in midday trading Thursday. This morning, Invictus announced that Future Harvest (a company that Invictus owns 82.5% of) achieved a 41% increase in gross margin on a year-over-year basis. We'll be watching to see how the markets digest this announcement over the rest of the trading day.
Quadron Capital Corp.
Quadron Capital Corp. (CSE:QCC) shares are up nearly 3% in midday trading today. Earlier, Quadron announced that the company is preparing to deploy mobile cannabis extraction units to authorized industry participants. We'll be watching to see how the markets play out for the rest of the day.
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