Based on recent news and market movement in the first half of the trading day, here are a handful of marijuana stocks to keep an eye on in the rest of today's trading session.
Aurora Cannabis Inc. (TSXV:ACB)(OTC:ACBFF)
Before today's market open, Aurora Cannabis announced that the company has entered into an agreement with Australia's Cann Group Ltd. (ASX:CAN) in order to facilitate the sharing of information and expertise relating to cannabis cultivation and processing. In midday trading Wednesday, shares of Aurora on the TSX Venture are down fractionally on the day, while the company's OTC Markets listing is trading higher by roughly 1%. We'll be watching to see if the market takes any more interest in today's announcement.
Now Read: Aurora Cannabis Graduating to Toronto Stock Exchange
Intec Pharma Ltd. (TASE:NTEC)(NASDAQ:NTEC)
This morning, Intec Pharma announced the company was granted a patent relating to its proprietary accordion pill technology in Hong Kong. As of midday trading today, shares of Intec are up roughly 2%. We'll be watching to see if the market takes any more interest in today's announcement.
Now Read: Tel Aviv Listed Marijuana Stocks
Invictus MD Strategies Corp. (TSXV:IMH)(OTC:IVITF)
Based on the first half of today's session, it looks like shares of Invictus want to post a sixth straight day of gains! In midday trading Wednesday, Invictus is rising more than 4% on both the TSX Venture and the OTC Markets. Last week, Invictus announced positive developments at two of their associated companies, AB Laboratories and Acreage Pharms. We'll be watching to see if shares of Invictus keep up the bullish action and post a sixth day of gains!
Now Read: Get to Know the Marijuana Stocks With Dividends
Golden Leaf Holdings Ltd. (CSE:GLH)(OTC:GLDFF)
This morning, Golden Leaf announced that the company has appointed a new Chief Executive Officer. As of midday trading Wednesday, shares are falling nearly 2% on the CSE and are up fractionally on the OTC Markets. We'll be watching to see how the markets continue to react to this news of a change in management.
Now Read: Golden Leaf Closes Acquisition of Oregon Cannabis Business
That's all we have for now, but we'll be sure to keep readers posted regarding important developments in these names and in the cannabis industry worldwide.
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