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Monday's Biggest Marijuana Stock Gainers

July 17, 2017

 

The closing bell has rung and now it's time to take stock of the day's market action. Quite a few companies from our global marijuana stock database did well in today's trading session. Gains in the sector sent The Solactive North American Medical Marijuana Index higher by more than 3% in today's trading. The Canadian LPs stood out as the some of the biggest winners today. In alphabetical order, here are 5 of the biggest marijuana stock gainers in trading on Monday, July 17th, 2017. 

 

Aphria Inc.

 

Shares of Aphria Inc. (TSX:APH)(OTC:APHQF) gained 8.54% in today's trading on the TSX. The company's OTC Markets listing rose 8.57% today on volume that was more than double the company's 30-day average volume. Last week, Aphria announced the company's 2017 fourth quarter and full year financial results. Be sure to check out the company's marijuana stock profile linked above to view custom charts and more recent news. 

 

Aurora Cannabis Inc. 

 

In today's trading on the TSX Venture (although the company is soon to graduate to the TSX), shares of Aurora Cannabis Inc. (TSXV:ACB)(OTC:ACBFF) rose 4.66%. The company's OTC Markets listing finished today's trading in the U.S. higher by 4.16%. Last week, Aurora announced that the company's German subsidiary successfully completed the first step towards obtaining a cultivation license there. Learn more about Aurora by checking out the company's marijuana stock profile linked above. 

 

Cronos Group, Inc.

 

Yet another Canadian licensed producer that posted strong gains today was Cronos Group. Shares of Cronos Group, Inc. (TSXV:MJN)(OTC:PRMCF) finished today's trading in the U.S. up 5.86%. The company's Canadian listing finished the day higher by 7.21%. Last week, Cronos Group's investee, Evergreen Medicinal Supply announced that they have started cultivation, entered into a wholesale supply agreement with an undisclosed licensed producer and entered into a funding agreement with Cannabis Wheaton (TSXV:CBW). Be sure to check out Cronos Group's marijuana stock profile linked above to put today's action into prospective by viewing a custom chart. 

 

Invictus MD Strategies Corp. 

 

The bulls aren't tired yet in shares of Invictus MD Strategies Corp. (TSXV:IMH)(OTC:IVITF), today the company posted its fourth straight day of gains (and they weren’t small). On the TSX Venture, shares of Invictus rose 8.93% while the company's OTC Markets listing gained 8.58% on much higher than average volume. Last week, the company released an update on developments at AB Laboratories, AB Ventures and changes in their management team as well as announced that Acreage Pharms has broken ground on phase two of their facility. Learn more about this high flying Canadian LP by checking out their marijuana stock profile linked above. 

 

mCig Inc.


This morning, mCig (OTC:MCIG) announced that the company is expanding their cannabis packaging supply division in California. Shares of mCig gained 9.95% on volume that was more than 4x the company's 30-day average volume on today's news. Be sure to check out mCig's marijuana stock profile linked above to view custom charts and more recent news. 

 

Conclusion
 
To learn more about any of today's marijuana stock gainers, check out their profile in our global 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 Facebook, Twitter and Instagram.
 
Now Read: Today's Biggest 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/.