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A Quiet Friday's Marijuana Stock Watchlist

May 5, 2017

 

It's a quiet and rainy day here on Wall Street, and the same is true for the cannabis markets. There's very little news out this morning regarding cannabis companies, although there's a handful of marijuana stocks on the move today. 

 

Americann Inc. (OTC:ACAN)

 

Americann Inc. is down 4.00% in early trading today despite a week of presentations for CEO Tim Keogh including one at the cannabis real estate conference at the Trump Soho, as well as the Joseph Gunnar & Co. Pioneers 2017 conference. We'll see how the rest of the trading day goes for shares of this Massachusetts-focused cannabis company. 

 

Invictus MD Strategies Corp. (TSXV:IMH)

 

Invictus MD Strategies' management rang the opening bell at the TSX Ventures Exchange to commemorate the company's up-listing from the CSE. Shares of Invictus trading in the U.S. on the OTC markets under the ticker IVITF are up over 6.5% in early trading. It looks like the opening bell caught investors attention! 

 

Scotts Miracle-Gro (NYSE:SMG)

 

Shares of Scotts Miracle-Gro are up almost 0.25% today, with investors praying for a rebound. The company's stock price fell off a cliff following an announcement that they missed on earnings and revenues. We'll be watching to see how the week finishes up for this diversified agricultural company. 

 

Zoned Properties, Inc. (OTC:ZDPY)


Last but not least, shares of Zoned Properties are up over 11% on scarce volume and no news. We'll be watching to see if any profit-taking occurs through the rest of the trading day. 

 

Conclusion

 

There's not much else happening in the weed stock world today, but we'll be sure to keep readers posted. Be sure to subscribe to one of our free newsletters so you never miss an important update! 

 

D/M/O

 

Disclosure

 

I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The information contained on DailyMarijuanaObserver.com has been prepared solely for informational purposes. Nothing on the site is an offer or solicitation to buy or sell securities. Investors should seek financial advice regarding the appropriateness of investing in any securities mentioned from their financial advisor.

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