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Today's Biggest Marijuana Stock Gainers - Tuesday, August 22nd

August 22, 2017

 

The closing bell has rung and its time to take stock of the day's market action. The Solactive North American Medical Marijuana Index rose roughly 0.5% in today's trading session. That said, a few names from our global marijuana stock database did noticeably better than the index in today's trading session. Here are three of the biggest marijuana stock gainers in trading on Tuesday, August 22, 2017. 

 

AXIM Biotechnologies Inc. (OTC:AXIM) 

 

The market responded well to AXIM's recent 10-Q filing, gaining 4.17% in today's trading session. One note, trading volume today was noticeably lighter than the company's 30-day average volume. Revenues declined compared to the comparable quarter of last year, while gross profits increased over the same period. Learn more about AXIM Biotech by checking out the company's marijuana stock profile linked above. 

 

Related: 7 Things Wall Street is Paying Attention to from AXIM's 10-Q Filing

 

Cara Therapeutics Inc. (NASDAQ:CARA)

 

Shares of Cara Therapeutics beat the broader biotech sector, rising 2.41% in today's trading session. Volume today was lighter than the company's 30-day average volume. Be sure to check out Cara Therapeutics in our biotech marijuana stock database to view a custom stock chart, news and more. 

 

Related: Marijuana Stocks with the Highest Trading Volume

 

Kaya Holdings Inc. (OTC:KAYS) 

 

Yesterday, Kaya Holdings filed their 10-Q with the SEC for the quarter ended June 30th. Based on the trading action today, it looks like the market liked what it saw. Shares of Kaya finished today's trading session higher by 4.98% on volume that was greater than the company's 30-day average volume. Check out the company's marijuana stock profile linked to find out more about Kaya Holdings.

 

Subscribe Now: U.S. Marijuana News Updates

 

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/.