The closing bell has rung and now it's time to take stock of the day's market action. A handful of companies from our global marijuana stock database posted noteworthy gains on the day. In alphabetical order, here are 5 of the biggest marijuana stock gainers in trading on Wednesday, June 21st, 2017.
Canabo Medical Inc.
After a strong day of trading yesterday, shares of Canabo Medical (TSXV:CMM)(OTC:CAMDF) continued the bull run today. On the TSX Venture, Canabo finished the day up 14.63% as the company's OTC Markets listing jumped 16.40%. Today's bullish action came without any recent news from the company. Be sure to check out Canabo's marijuana stock profile where you can view a custom chart and news regarding the company.
Canopy Growth Corp.
Shares of Canopy Growth Corp. (TSX:WEED)(OTC:TWMJF) finished today's trading on the TSX higher by 3.80%. The company's OTC Markets listing closed up 3.21%. On Monday, Canopy Growth released a shareholders' update. Learn more about Canopy Growth Corp. by checking out the company's marijuana stock profile linked above.
Cara Therapeutics, Inc.
Cara Therapeutics (NASDAQ:CARA) rose 10.23% in today's trading session. Volume today was more than double the company's 30-day average trading volume. This morning, the company announced results from their phase three clinical trial of a postoperative pain treatment. Cara will be extending the trial because the drug falied to achieve its primary endpoint (significant change in pain intensity over the 24-hour postoperative period) in the inital trial. On this news, shares of Cara sold off hard in premarket trading. However, buyers stepped in shortly after the 9:30 open, helping to reverse losses and send the stock higher on the day. Be sure to check out Cara Therapeutics' marijuana stock profile linked above to view custom charts and more recent news.
Insys Therapeutics, Inc. (NASDAQ:INSY)
After posting strong gains yesterday, the bullish action continued in shares of Insys Therapeutics (NASDAQ:INSY) today. Shares of Insys gained 5.88% in today's session. Yesterday, the company announced that they have hired four pharmaceutical industry veterans to fill management roles. Earlier today, Insys was a panelist at the JMP Securities Life Sciences conference. Learn more about Insys by checking out their marijuana stock profile linked above.
Supreme Pharmaceuticals, Inc.
Shares of Supreme Pharmaceuticals (TSXV:FIRE)(OTC:SPRWF) finished today's trading higher by 3.05% on the TSX Venture. The company's OTC Markets symbol gained 2.55% on higher than average trading volume. Today's move to the upside came without any recent news from Supreme. View a custom chart and more recent news from Supreme Pharmaceuticals by visiting the company's marijuana stock profile linked above.
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. Remember, two of today's gainers (Cara Therapeutics and Insys Therapeutics) can be traded for free using the Robinhood App.
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Now Read: Today's Top Marijuana Stock Losers
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