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Wednesday's Biggest Marijuana Stock Gainers

July 5, 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 exhibited bullish action in today's trading. In alphabetical order, here are 5 of the biggest marijuana stock gainers in trading on Wednesday, July 5th, 2017. 


CannaRoyalty Corp. 


Shares of CannaRoyalty Corp. (CSE:CRZ)(OTC:CNNRF) gained 8.94% in today's trading on the CSE. The company's OTC Markets listing rose 7.78% on lighter than average trading volume. This morning, CannaRoyalty Corp. announced that the previously unnamed institutional investor that they are forming a joint venture with is Sprott (TSX:SII). Sprott is an alternative asset management company that focuses on natural resource investments. Learn more about CannaRoyalty Corp. by checking out the company's marijuana stock profile linked above. 


Cronos Group, Inc.


Shares of Cronos Group, Inc. (TSXV:MJN) (OTC:PRMCF) finished today's trading in the U.S. up 5.34%. The company's Canadian listing finished the day higher by 7.02%. The bullish action in shares of Cronos Group today came without any recent news from the company. Learn more about the company by checking out their marijuana stock profile linked above.


Insys Therapeutics Inc. 


Insys Therapeutics Inc. (NASDAQ:INSY) rose 4.25% today despite a lack of recent news from the company. Be sure to check out Insys' marijuana stock profile linked above to view a custom chart and more recent news from the company. 


Kush Bottles Inc.


In Wednesday's trading, shares of Kush Bottles (OTC:KSHB) rose 2.05% on higher than average trading volume. This morning, Kush Bottles announced they are hiring a new sales and support team to serve the state of Nevada. Nevada just launched legal recreational cannabis sales this weekend. Learn more about Kush Bottles by checking out the company's marijuana stock profile linked above. 


MGC Pharmaceuticals Ltd. 


Shares of MGC Pharmaceuticals Ltd. (ASX:MXC)(OTC:MGCLF) gained 6.67% in today's trading on the ASX. Volume today was higher than the company's 30-day average volume. On the OTC Markets, shares of MGC closed higher by 5.11% on volume that was more than 4x the company's 30-day average volume. On Monday, MGC Pharmaceuticals released an update on the company's cannabis operations in Europe and Australia. We're working on a marijuana stock profile for MGC and its peers on the ASX, so be sure to check back soon or subscribe to our Australian cannabis updates newsletter to find out when they become available. 



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, Insys Therapeutics can be traded commission 
free using the Robinhood App.

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Now Read: Today's Top Marijuana Stock Losers




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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/.