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Marijuana Stocks To Watch - Wednesday, July 19th

July 19, 2017


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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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/.