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Thursday's Biggest Marijuana Stock Gainers

June 8, 2017

 

The closing bell has rung and now it's time to take stock of the day's market action. A few companies from our global marijuana stock database showed bullish action in today's trading. In alphabetical order, 5 of the biggest marijuana stock gainers in trading on Thursday, June 8th, 2017 are as follows.

 

Aurora Cannabis Inc.

 

This morning, Aurora (TSX-V:ACB)(OTC:ACBFF) announced that the company is taking up to a 19.9% stake in industrial hemp producer, Hempco Food & Fiber. Aurora also has an option to increase their ownership stake to 50.1%. Although shares of both Aurora and Hempco on the TSX Venture remain halted at the close, Aurora's OTC Market listing was open through the trading day. On the OTC Markets, shares of Aurora closed up 7.69% on volume that was higher than the company's 30-day average volume. Later on this afternoon, Aurora issued another press release providing more details regarding the investment. On the TSX Venture, shares of Aurora and Hempco are set to resume trading at 8:00 A.M. tomorrow. Learn more about Aurora by checking out the company's marijuana stock profile linked above. 

 

Beleave Inc. 

 

Beleave Inc. (CSE:BE)(OTC:BLEVF) gained 4.93% in today's trading on the CSE. On the OTC Markets, Beleave finished the day up 8.49% on extremely light trading volume. Today's bullish action came without any recent news at the company. Learn more about Beleave by checking out the company's marijuana stock profile linked above. 

 

Canabo Medical Inc. 

 

In today's trading session, Canabo Medical (TSX-V:CMM)(OTC:CAMDF) closed up 10.13% on the TSX Venture. Their OTC Markets listing closed the session up 10.33%. Today's upside move in Canabo came without any recent news at the company. That said, earlier this week, the company's president and CEO bought 20,000 shares. Be sure to check out Canabo's marijuana stock profile where you can view a custom chart and news regarding the company. 

 

MedReleaf Corp.


MedReleaf Corp. (TSX:LEAF) made its market debut on the TSX yesterday, and although shares sold off hard, they recovered some of the losses in today's session. LEAF closed today's trading on the TSX up 15.61%. We're working on a marijuana stock profile for MedReleaf, so check back soon, or subscribe to our Canadian LP newsletter so you never miss an important LP update.

 

Matica Enterprises Inc.

 

Matica Enterprises (CSE:MMJ)(OTC:MQPXF) announced this morning that the company has obtained construction permits for its medical marijuana growing facility. The company has an agreement to become a majority owner of late stage ACMPR applicant, RoyalMax Biotechnology Canada. Shares of Matica closed today's trading on the CSE higher by 12.50% while their OTC Markets symbol finished up 21.05%. We're working on a marijuana stock profile for Matica so check back soon, or subscribe to our free email newsletter to find out when it becomes available. 

 

Conclusion

 

To learn more about any of today's marijuana stock gainers, check out their profile in our marijuana stock database via the linked tickers above.  Also, be sure to subscribe to one or more of our free email newsletters so you never miss an important update. If you haven't already, connect with The Daily Marijuana Observer on FacebookTwitter 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/.