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4 Marijuana Stocks We're Watching Today - October 16th, 2017

October 16, 2017

 

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 Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF) and more.

 

22nd Century Group, Inc. (NYSE:XXII)

 

This morning, Chardan's James McIlree reiterated a 'buy' rating on shares of 22nd Century Group, Inc. alongside a price target representing over 300% upside

 

Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF)

 

Today, Aurora Cannabis Inc. announced that in addition to the $60 million CAD financing round that the company announced last week, that the company has agreed to a one-time special accommodation for the benefit of its underwriters due to very significant demand for the bought deal, to proceed with a concurrent, non-commissioned, non-brokered private placement of up to 2,000,000 units of Aurora at a price of $3.00 per unit.

 

Cara Therapeutics, Inc. (NASDAQ:CARA)

 

This morning, Cara Therapeutics, Inc. announced the successful completion of its End-of-Phase 2 Meeting with the U.S. Food and Drug Administration.

 

CanniMed Therapeutics Inc. (TSX:CMED) (OTC:CMMDF)

 

Today, CanniMed Therapeutics Inc. announced that the company has initiated production of CanniMed® Capsules, following the receipt of the Production License granted by Health Canada. Subject to Health Canada’s issuance of the required license to sell, CanniMed anticipates the Capsules will be available for patient order by end of calendar 2017.

 

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