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Thursday, August 17th's Biggest Marijuana Stock Gainers

August 17, 2017

 

The closing bell has rung and its time to take stock of the day's market action. As U.S. equity markets sold off more than 1% across the board on increased political uncertainty, the Solactive North American Medical Marijuana Index also fell roughly 1%. Given this selling pressure across all kinds of stocks, winners in today's trading session were few and far between. In alphabetical order, here are 3 of the biggest marijuana stock gainers in trading on Thursday, August 17th, 2017. 

 

American Cannabis Company Inc. (OTC:AMMJ) 

 

American Cannabis Company rose 7.11% in today's trading session on volume that was more than three times its 30-day average trading volume. Earlier this week, the company announced that they have signed a new consulting client in California. Be sure to check out the company's marijuana stock profile linked above to view a custom stock chart and more recent news. 

 

Now Read: Marijuana Stocks In and Around California

 

Intec Pharma Ltd. (TASE:NTEC)(NASDAQ:NTEC) 

 

Shares of Intec Pharma were big winners in yesterday's trading session on news the company is completing a private placement to fund a phase three trial of their Parkinson's drug. Yesterday's gains continued into today, sending shares of Intec higher by 4.55% Thursday. Volume today was more than 5x the company's 30-day average volume. Learn more about the company by checking out their marijuana stock profile linked above. 

 

Related: Intec Announces Secondary Offering of Shares

 

Zoned Properties Inc. (OTC:ZDPY) 

 

In today's trading session, shares of Zoned Properties rose 4.65% on lighter than average volume. Earlier today, Zoned Properties was in the news because their CEO, Bryan McLaren has joined three Executive Councils; the Forbes Real Estate Council, the Vistage Executive Business Council of Scottsdale and the U.S. Green Building Council. Be sure to check out Zoned Properties' marijuana stock profile linked above to view a custom stock chart and more recent news.

 

Related: Zoned Properties' Tenant Leasing More Space in AZ Facility

 

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. Don't be a stranger; connect with The Daily Marijuana Observer on FacebookTwitterStockTwits and Instagram!

 

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/.