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Tuesday's Biggest Marijuana Stock Gainers

May 16, 2017


The closing bell has rung and now it's time to take stock of the day's market action. As the week goes on, news and earnings have picked up across our global marijuana stock universe and so has volatility. In quite a few names, today's volatility was to the upside. In alphabetical order by symbol, 5 of the biggest marijuana stock gainers in trading on Tuesday, May 16th, 2017 are as follows:


AXIM Biotechnologies Inc. 


AXIM Biotechnologies (OTC:AXIM) has a nice day in the markets despite a lack of recent news out of the company. Shares closed today's trading session up 37.64% on volume that was more than 5x the company's 30-day average volume. Find more about AXIM by checking out the company's marijuana stock profile linked above. 


Cannabix Technologies Inc. 


Cannabix Technologies Inc. (CSE:BLO)(OTC:BLOZF) closed today's trading session up 8.82% and 6.08% on the CSE and the OTC Markets respectively. Today's upside volatility comes without any recent news from the company. Learn more about Cannabix Technologies by visiting the company's marijuana stock profile linked above. 




Shares of ENDEXX Corp. (OTC:EDXC) closed today's trading up 9.73% after the company released financial highlights for the most recent quarter. One highlight was their 167% year-over-year revenue growth for the quarter. Be sure to check out the company's marijuana stock profile linked above to view custom charts and more recent news. 


THC Biomed International Ltd. 


THC Biomed International (CSE:THC)(OTC:THCBF) shares surged 10.53% and 11.05% on the CSE and the OTC Markets, respectively. Trading volume in THCBF today was more than 10x the company's 30-day average volume! Check out THC Biomed's marijuana stock profile linked above to view custom charts and recent news. 


The Hydropothecary Corp. 


The Hydropothecary Corp. (TSXV:THCX) announced this morning that they have resumed the sale of cannabis products after their voluntary stop-sale. Shares of The Hydropothecary Corp. closed today's session on the TSX Venture Exchange up 3.33%. We're working on a marijuana stock profile for The Hydropothecary Corp, so check back soon or subscribe to our free email newsletter to find out when it becomes available. In the meantime, be sure to check out our Canadian L.P. Database


To find more about any of today's marijuana stock gainers, check out their profile in our cannabis-related stock database via the linked ticker symbols above. 
Keep up with cannabis stock and industry updates from the Daily Marijuana Observer by following us on social media and by subscribing to our email newsletter below. 


Now read: Today's Top Marijuana Stock Losers



Investing in nanocap, microcap, and small cap stocks is highly speculative. The publishers of DailyMarijuanaObserver.com are not registered as Investment Advisors or Broker-Dealers in any jurisdiction whatsoever. The information contained on DailyMarijuanaObserver.com (“this site”) 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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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/.