Based on the market action so far today as well as some recent news, here are a few marijuana-related stocks to keep an eye on in the rest of today's trading session.
Cannabix Technologies Inc. (CSE:BLO)(OTC:BLOZF)(FRA:8CT)
Yesterday, Cannabix Technologies announced the "Beta 3.0" prototype of their cannabis breathalyzer. In early trading Tuesday, shares of Cannabix Technologies are gaining more than 1.5% on the CSE. The company's OTC Markets listing is rising 3% on volume that is already approaching the company's 30-day average volume. We'll be watching to see if this early bullish action continues through the rest of the trading session.
Related: Highlights from Cannabix Technologies' Breathalyzer Update
India Globalization Capital Inc. (NYSEMKT:IGC)
Shares of India Globalization Capital are rising roughly 1.5% in early trading Tuesday. This morning, the company announced that they have added a THC-based Alzheimer’s treatment expert to their research team in order to prepare for clinical trials.We'll be watching to see how shares of the company continue to react to this news of additional progress towards clinical trials in their THC-based Alzheimer’s treatment.
Related: THC-Based Alzheimer’s Treatment Expert Joins IGC's Team
Kush Bottles Inc. (OTC:KSHB)
This morning, Kush Bottles announced that the company has entered into an agreement to supply custom packaging to CannaKorp, aka. "The Keurig of Cannabis". In early trading Tuesday, shares of the company are gaining nearly 2% on lighter than average trading volume. We'll be watching to see how Kush Bottles finishes out the day's trading session on this news.
Related: Kush Bottles to Develop Packaging for "Keurig of Cannabis"
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. Remember, shares of India Globalization Capital can be traded commission free using the Robinhood app.
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