Based on recent news and market action in early trading, here are a few marijuana stocks worth keeping an eye on in the rest of today's trading session. Happy Trading!
Future Farm Technologies Inc. (CSE:FFT)(OTC:FFRMF)
This morning, Future Farm Technologies announced an update on the company's California operations. Their client's cultivation facility in Riverside County is progressing well, and will be completing a harvest around the end of August. Additionally, Future Farm's CA extraction client has acquired more than 250-pounds of high quality trim and has completed their first batch of CBD extract. In early trading Friday, shares of Future Farm Technologies are roughly flat on the CSE and up nearly 6% on the OTC Markets. We'll be watching to see how the markets continue to react to this news.
Related: Future Farm to Launch "Hamptons Reserve" Line of Edibles
Intec Pharma Ltd. (TASE:NTEC)(NASDAQ:NTEC)
In early trading Friday, shares of Intec are up more than 6%, adding to this week's gains. Earlier this week, Intec announced that the company is completing a secondary stock offering to fund a phase three trial of their Parkinson's drug. We'll be watching to see how shares of Intec trade heading into the weekend.
Related: Intec Announces Secondary Offering of Shares
Surna Inc. (OTC:SRNA)
Shares of Surna are fractionally higher in early trading Friday. Surna just announced changes to the company's senior management team, including their appointment of former Supreme Pharmaceuticals (TSXV:FIRE) Director, Mr. Chris Bechtel to the role of President and CEO. We'll be keeping an eye on shares of Surna to see how the market reacts to the company's management overhaul.
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That's all for now, but we'll be sure to keep readers posted regarding important developments in these names and in the cannabis industry worldwide. Be sure to subscribe to one or more of our free newsletters so you never miss an important marijuana update. Don't be a stranger; connect with The Daily Marijuana Observer on Facebook, Twitter, StockTwits and Instagram!
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