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Marijuana Stocks To Watch - Tuesday, August 1st

August 1, 2017

 

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"

 

Conclusion
 
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.
 
Be sure to subscribe to one or more of our free newsletters so you never miss an important update! Also, don't forget to connect with The Daily Marijuana Observer on FacebookTwitter, Instagram and StockTwits

 

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/.