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Tuesday's Biggest Marijuana Stock Gainers

May 30, 2017

  

The closing bell has rung and now it's time to take stock of the day's market action. Quite a few of the companies from our global marijuana stock database were on the move in today's session. In alphabetical order, 5 of the biggest marijuana stock gainers in trading on Tuesday, May 30th, 2017 are as follows: 

ABcann Global Corp. 

 

Yesterday evening, ABcann Global (TSXV:ABCN) and Cannabis Wheaton announced that they have entered into an agreement where Cannabis Wheaton will invest in ABcann in order to fund their planned facility expansion. Shares of ABcann reacted positively to this news, closing Tuesday's trading up 4.17%. We're working on a marijuana stock profile for ABcann Global, so check back soon or subscribe to our free email newsletter to find out when it becomes available.

 

Innovative Industrial Properties Inc. 


Shares of Innovative Industrial Properties (NYSE:IIPR) finished Tuesday's trading up 3.25% on lighter than average trading volume. This morning, Innovative Industrial Properties announced they will be paying a $0.15/share dividend in the second quarter. The company also announced that they have closed on their previously announced Maryland acquisition and signed a related lease with Holistic Industries. Learn more about this NYSE listed marijuana stock (that can also be traded free using the Robinhood App) by checking out their marijuana stock profile linked above. 

 

Insys Therapeutics Inc. 

 

Shares of Insys Therapeutics (NASDAQ:INSY) bucked the downward trend today in broader biotech, closing up 3.11% on higher than average trading volume. Learn more about this cannabinoid biotech company (that can also be traded free using the Robinhood App) by checking out their marijuana stock profile linked above. 

 

Marapharm Ventures Inc.

 

Marapharm Ventures (CSE:MDM)(OTC:MRPHF) shares finished today's session on the CSE up 3.13%. Their OTC Markets listing made up for lost time yesterday, gaining 13.43%. Yesterday, Marapharm announced they have completed a taxable transaction in Nevada, a step necessary for them to apply for recreational marijuana licenses. We're working on a marijuana stock profile for Marapharm Ventures so be sure to check back soon, or subscribe to our free email newsletter to find out when it becomes available.

 

Player's Network Inc. 

 

In today's session, shares of Player's Network (OTC:PNTV) surged 28.20% on volume that was much higher than the company's 30-day average trading volume. This afternoon, Player's Network announced that their subsidiary obtained Nevada medical marijuana licenses. We're working on a marijuana stock profile for Player's Network 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

 

D/M/O

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/.