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Monday's Biggest Marijuana Stock Gainers

August 7, 2017

 

Although Canadian equity markets were closed today in observance of a Bank Holiday, and U.S markets (with the notable exception of Zynerba) remained relatively quiet in today's session, a few companies from our global database of cannabis related stocks did well in today's trading. In alphabetical order, here are 3 marijuana related names that posted noteworthy gains in Monday's trading. 

 

Americann Inc. (OTC:ACAN)

 

Shares of Americann rose 13.41% in today's trading session on volume that was higher than the company's 30-day average volume. Today's gains came without any recent news from the company. Be sure to check out Americann's marijuana stock profile linked above to view a custom stock chart and more. 

 

Subscribe Now: Cannabis Real Estate Email Newsletter 

 

Digipath Inc. (OTC:DIGP) 

 

Shares of Digipath rose 8.44% in today's session despite a lack of recent news from the company. Learn more about this licensed cannabis testing company by checking out their marijuana stock profile linked above. 

 

Related: Digipath Receives Rec. Testing License, Renews Med. License

 

General Cannabis Corp. (OTC:CANN)

 

This afternoon, General Cannabis reported the company's financial results for the quarter ended June 30th, 2017. The company reported record quarterly revenues that were up 19% from the comparable quarter of last year. Revenue growth was driven by growth at the company's "Next Big Crop" segment that provides management services to licensed cannabis companies in multiple states. Growth in the quarter was partially offset by a decline in their security segment revenue that was related to declining wholesale cannabis prices in Colorado. Today's earnings release sent shares of General Cannabis higher by 4.49% on the day. Volume today was higher than the company's 30-day average volume. Be sure to check out the company's marijuana stock profile linked above to view a custom stock chart and more recent news. 

 

Related: General Cannabis Security Unit Expands to California

 

Conclusion

 

Find more about today's gainers by checking out their respective profiles in our global marijuana stock database via the linked tickers above. 

 

To stay up to date with important developments in the cannabis industry, be sure to subscribe to one or more of our free email newsletters

 

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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/.