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.
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.
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Now Read: Today's Top Marijuana Stock Losers
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