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Monday's Biggest Marijuana Stock Gainers

May 22, 2017

 

The closing bell has rung and now it's time to take stock of the day's market action. Canadian equity markets were closed today in observance of Victoria Day, and markets were relatively quiet across the remainder of our global marijuana stock universe. That said, there were are few stocks that posted noteworthy gains in today's trading. In alphabetical order by symbol, 3 of the biggest marijuana stock gainers in trading on Monday, May 22nd, 2017 are as follows: 

Cara Therapeutics Inc. 

 

Cara Therapeutics (NASDAQ:CARA) closed today's trading up 4.52% without any recent news from the company. Tomorrow, Dr. Joseph Stauffer, Cara's Chief Medical Officer will be speaking at a pain therapeutics conference. From today's action it would appear the market is expecting good news from the conference. Learn more about this cannabinoid biotech company by checking out their marijuana stock profile linked above. 

 

Insys Therapeutics Inc.

 

Shares of NASDAQ-Listed cannabinoid biotech company, Insys Therapeutics (NASDAQ:INSY) closed today's trading higher by 5.00%. Today's gains came after a strong session on Friday. Last week, both the company's Chairman and CEO bought shares of INSY. Be sure to learn more about this cannabinoid biotech company by checking out their marijuana stock profile linked above. 

 

Marapharm Ventures Inc. 

 

Despite Canadian markets being closed in observance of Victoria Day, shares of Marapharm Ventures (CSE:MDM)(OTC:MRPHF) trading in the U.S. surged 21.71%. Trading volume today was more than double the company's 30-day average volume. We're working on a marijuana stock profile for Marapharm so be sure to check back soon or subscribe to our free email newsletter to find out when it becomes available. 

 

Conclusion
 
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. 
 
Also, be sure to subscribe to one or more of our free newsletters so you never miss an important update. If you haven't already, connect with The Daily Marijuana Observer on Facebook, Twitter, and Instagram

 

Now read: Today's Top Marijuana Stock Losers

Disclaimer

 

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/.