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Thursday, August 10th's Biggest Marijuana Stock Gainers

August 10, 2017


The closing bell has rung and now it's time to take stock of the day's market action. Given all of the news and earnings this week (as well as North Korea induced fear in broader equity markets), cannabis-related equity markets were surprisingly quiet in today's session. The Solactive North American Medical Marijuana Index dropped roughly 1% in today's trading session. In alphabetical order, here are 3 of the biggest marijuana stock gainers in trading on Thursday, August 10th, 2017. 


AXIM Biotechnologies Inc. (OTC:AXIM) 


AXIM Biotech gained 2.58% in today's trading session. Volume was around the company's 30-day average volume. Today's gains came without any recent news from AXIM. Even with today's gains, shares of AXIM are down roughly 6% on the week, falling in sympathy with the bulk of the cannabinoid biotech names. Learn more about AXIM by checking out the company's marijuana stock profile linked above. 


Related: AXIM Biotech to Study CBD Gum to Treat Drug-Induced Psychosis

GW Pharmaceuticals Plc. (NASDAQ:GWPH) 


After posting steep losses in both of the last two trading days on a less than delightful earnings release, shares of GW Pharmaceuticals recovered a bit in today's trading, closing up 1.71% on the day. Volume today was higher than the company's 30-day average volume. Be sure to check out GW Pharma's marijuana stock profile linked above to view a custom stock chart and more recent news from the company. 


Related: 8 Biggest Takeaways from GWPH's Q3 Earnings Release


mCig Inc. (OTC:MCIG) 


Shares of cannabis consulting company, mCig rose 3.08% in today's trading session on volume that was lighter than the company's 30-day average volume. Today's gains came without any recent news regarding mCig. Be sure to check out the company's marijuana stock profile linked above to view a custom stock chart and more. 


Related: mCig Expands Cannabis Supply Division to California




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


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Now Read: Today's Biggest Marijuana Stock Losers




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/.