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3 Marijuana Stocks We're Watching Today - October 20th, 2017

October 20, 2017

 

Out of over 200 marijuana stocks, there's 3 that we're going to be watching as the markets open due to breaking news out this morning. Here's 3 cannabis companies to watch today including Maricann Group Inc. (CSE:MARI) (OTC:MRRCF) and more.

 

India Globalization Capital, Inc. (NYSE:IGC)

 

This morning, SeeThruEquity, a leading independent equity research and corporate access firm focused on small-cap and micro-cap public companies, today announced it has issued an update note on India Globalization Capital. Earlier this week, the company announced plans to commercialize its Alzheimer's treatment via medical marijuana dispensaries in Germany, Canada and certain licensed medical cannabis states in the United States. 

 

Maricann Group Inc. (CSE:MARI) (OTC:MRRCF)

 

Late last night, Maricann Group Inc. announced that insiders of the company have agreed to purchase $7,000,000 of convertible debenture units in its previously announced private placement offering. Additionally, the company issued an update to shareholders regarding the anticipated NanoLeaf acquisition

 

Umbral Energy Corp. (CSE:UMB) (OTC:UMBBF)

 

Yesterday, news broke that Umbral Energy Corp.'s 75% owned subsidiary, PhyeinMed Inc. has begun the full build out of their 15,500 sq ft facility in Falkland, British Columbia. PhyeinMed is a late-stage applicant to become a licensed producer of medical marijuana under Health Canada's ACMPR. 

 

Be sure to subscribe to one or more of our free e-mail newsletters so you never miss an important marijuana stock update. Also, don't forget to connect with The Daily Marijuana Observer on social media via Facebook, Twitter, StockTwits, YouTube, and Instagram.

 

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