The closing bell has rung and its time to take stock of the day's market action. The Solactive North American Medical Marijuana Index was once again pretty quiet in today's trading session, falling roughly 0.3%. That being said, a few names from our global marijuana stock database finished today's trading session well in the green. Here are three of the biggest marijuana stock gainers in trading on Friday, August 25th, 2017.
Friday Night Inc. (CSE:TGIF)(OTC:VPGDF)(FRA:1QF)
Shares of Friday Night finished Friday's trading on the CSE higher by 4.55%. Despite gains on the CSE, the company's OTC Markets listing finished the day down 3.24%.This morning, Friday Night Inc. announced that the company has entered into an agreement to purchase 1.39 acres of land near Las Vegas, NV. They plan to use the property to host one or more of Alternative Medicine Association’s (Friday Night's 91% owned licensed subsidiary) cultivation licenses.
Related: Las Vegas Based Cannabis Company to List On CSE
Innovative Industrial Properties Inc. (NYSE:IIPR)
In today's trading session, shares of Innovative Industrial Properties rose 1.03% on lighter than average volume. Today's gains came without any recent news from the company. Learn more about the company by checking out their marijuana stock profile linked above.
Related: The Biggest Wall Street Takeaways from IIPR's Q2 2017 Earnings Call
Intec Pharma Ltd. (TASE:NTEC)(NASDAQ:NTEC)
Shares of Intec Pharma added to their recent gains in today's trading, rising 3.15%. Trading volume today was lighter than their 30-day average trading volume. Last week, Intec announced that the company is completing a secondary stock offering to fund a phase three trial of their Parkinson's drug. Be sure to check out Intec Pharma's marijuana stock profile linked above to view a custom chart and more recent news.
Related: Intec's Accordion Pill Helps Cannabinoid Absorption
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 Facebook, Twitter, StockTwits and Instagram!
Now Read: Today's Biggest Marijuana Stock Losers
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