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Wednesday's Biggest Marijuana Stock Gainers

May 31, 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 Wednesday, May 31st, 2017 are as follows:

InMed Pharmaceuticals Inc.

In today's trading, shares of InMed Pharmaceuticals (CSE:IN)(OTC:IMLFF) closed up 3.75% on the CSE. Their OTC Markets symbol finished the day up 5.26%. This afternoon, InMed announced they have closed their previously announced $5.75 Million CAD (~4.36 Million USD) private placement. To view a custom chart and more news regarding InMed Pharmaceuticals be sure to check out the company's marijuana stock profile linked above. 


Lexaria Bioscience Corp. 

Shares of Lexaria Bioscience (CSE:LXX)(OTC:LXRP) closed up 2.04% on the CSE. Their OTC Markets symbol finished the day up 5.71%. Today's market moves came without any news from the company. Be sure to check out Lexaria Bioscience's marijuana stock profile linked above to view custom charts and news regarding the company.


OWC Pharmaceutical Research Inc.

This morning, OWC Pharmaceutical Research (OTC:OWCP) announced a partnership with German healthcare company, mediq, to distribute their cannabinoid psoriasis cream in Germany. Shares of OWCP closed Wednesday's trading up 6.35% on higher than average trading volume. Learn more about OWC Pharmaceutical Research by checking out their marijuana stock profile linked above. 


Player's Network Inc. 


In today's session, shares of Player's Network (OTC:PNTV) continued yesterday's gains, finishing up 9.20%. Yesterday, 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.


Veritas Pharma Inc. 

In today's trading, shares of Veritas Pharma (CSE:VRT)(OTC:VRTHF) finished up 9.76% on the CSE. Veritas' OTC Markets listing closed Wednesday's trading higher by 9.18%. We're working on a marijuana stock profile for Veritas Pharma, 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. 
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





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/.