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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 Canopy Growth Corporation (TSX:WEED) (OTC:TWMJF) and more.
Canopy Growth Corporation (TSX:WEED) (OTC:TWMJF)
Today, Canopy Growth Corporation announced that it has entered into a definitive joint venture agreement to form a new company, BC Tweed Joint Venture Inc., with a large-scale greenhouse operator to develop 1.3 million sq. ft. of greenhouse growing capacity in British Columbia with an exclusive option to develop a further 1.7 million sq. ft. of existing greenhouse infrastructure at a second BC location.
GB Sciences, Inc. (OTC:GBLX)
GB Sciences, Inc. just recently announced a Contract Research Agreement with the Universidad de Sevilla to develop a time-released version of GB Sciences' proprietary, THC-free, myrcene-based chronic pain formulations.
Heliospectra AB (OTC:HLSPY)
Heliospectra AB just recently announced a new cooperation with NYSK Holdings, a state-of-the-art medicinal cannabis facility in Macedonia. The grower is partnering with Heliospectra to be able to supply patients with consistent, pharmaceutical-grade medicine for chronic diseases year-round. The investment is valued at around $125,000.
Organigram Holdings Inc. (TSXV:OGI) (OTC:OGRMF)
Today, Organigram Holdings Inc. announced that it is undergoing a production and facility expansion that will more than triple the size of its operations. By hiring 140 new employees by year end as well as expanding its existing production facility from 36,000 to 134,000 square feet, this multi-million-dollar project will meet the growing needs of the company’s medical patient base, as well as prepare Organigram for the legal, adult-recreational marijuana market.
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