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Marijuana Stocks to Watch - Thursday, July 6th

July 6, 2017


Based on recent news and market movement in the early part of the trading day, here are a handful of marijuana stocks we'll be keeping an eye on through the rest of today's trading session. 


American Cannabis Company Inc. (OTC:AMMJ)


In early trading Thursday, shares of American Cannabis Company Inc. (OTC:AMMJ) are up more than 2%. This morning, the company announced that two of its Ohio clients have successfully submitted applications to the state for marijuana business licenses. We'll be watching to see how the market continues to react to this news. 


Emerald Health Therapeutics Inc. (TSXV:EMH)(OTC:TBQBF)


This morning, Emerald Health Therapeutics released a shareholder's update regarding their recent joint venture with Village Farms and other expansion plans. In early trading today, shares of Emerald on the TSX Venture are roughly flat. The company's OTC Markets listing is up more than 2% on light trading volume. We'll be watching to see the continued market reaction to Emerald's shareholder update. 


HempTech Corp. (OTC:HTCO)


Shares of HempTech Corp. are up more than 1% in early trading Thursday. Earlier today, HempTech announced that they are changing their name to Nuvus Corp. The company also announced that they are exploring expansion opportunities in both the U.S. and Canada. We'll be watching to see how the market continues to digest this news. 


Innovative Industrial Properties Inc. (NYSE:IIPR) 


In early trading Thursday, shares of Innovative Industrial Properties are up more than 1% on volume that is already more than double the company's 30-day average volume. Today's action comes without any recent news from the company. Learn more about this dividend paying marijuana stock by checking out the company's profile linked above.



That's all for now, but we'll be sure to keep readers posted regarding important developments in these names and in the cannabis industry worldwide. Remember, shares of Innovative Industrial Properties can be traded for free using the Robinhood app

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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/.