Out of over 200 marijuana stocks, there's 4 that we're going to be watching as the markets open due to breaking news out this morning. Here's 4 cannabis companies to watch today including Marapharm Ventures (CSE:MDM) (OTC:MRPHF) and more:
22nd Century Group Inc. (NYSE:XXII)
Today, 22nd Century Group Inc. is announced today that it has entered into an agreement with institutional investors to receive approximately $54 million in gross proceeds in a registered direct offering through the sale of 20.57 million shares of common stock at a price of $2.625 per share.
Marapharm Ventures Inc. (CSE:MDM) (OTC:MRPHF)
Today, Marapharm Ventures Inc. announced construction plans for a third building which will be 65,635 square feet on the 7 acre property located in Las Vegas, adjacent to 2 existing cultivation buildings. The ground prep pad is ready to build on, most infrastructure is designed and in place and building plans go for bid in October 2017. Construction will begin soon thereafter. This building is slated to be the first 3 story cannabis building in the state of Nevada.
INSYS Therapeutics, Inc. (NASDAQ:INSY)
While this morning, INSYS Therapeutics, Inc. announced that it has extended the compassionate use studies of its proprietary oral formulation of cannabidiol, a.k.a. CBD for the treatment of refractory pediatric epilepsy, enabling patients from previous clinical trials of the investigational medicine to continue receiving it according to the protocols originally accepted by the U.S. Food and Drug Administration and under the supervision of their physicians.
Zoned Properties, Inc. (OTC:ZDPY)
This morning, Zoned Properties, Inc. announced that the October 5 presentation by Bryan McLaren, Chief Executive Officer, is now available for on-demand viewing here.
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