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Thursday's Weed Stock Watch List

April 13, 2017

 

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.

 

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. 

 

CannaRoyalty Corp.

 

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. 

  

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.

 

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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/.