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Wednesday's Biggest Marijuana Stock Gainers

June 21, 2017

 

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 conferenceLearn 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. 

 

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. Remember, two of today's gainers (Cara Therapeutics and Insys Therapeutics) can be traded for free using the Robinhood App.
 
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 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/.