The market session has come to an end, and the closing bell has rung... so now it is time to go through today's biggest movers to the upside. Out of over 200+ marijuana stocks, here are 5 of the biggest marijuana stock winners in trading on Friday, October 20th including Innovative Aphria Inc. (TSX:APH) (OTC:APHQF) and more...
Aphria Inc. (TSX:APH) (OTC:APHQF)
Shares of Aphria Inc. on the TSX rose 6.77% today, closing the day at $6.94 CAD per share, while shares on the OTC markets rose 5.96% on higher than average volume, closing the day at $5.49 USD per share. GMP Securities' Martin Landry just issued a 'hold' rating on shares of Aphria.
Canopy Growth Corp. (TSX:WEED) (OTC:TWMJF)
Shares of Canopy Growth Corp. on the TSX rose 7.95% today, closing the day at $12.76 CAD per share, while shares on the OTC markets rose 7.13% on higher than average volume, closing the day at $10.129 USD per share. Earlier today, a Canopy CraftGrow partner, PhyeinMed, announced the start of construction for its cultivation operation.
MGC Pharmaceuticals Ltd. (ASX:MXC) (OTC:MGCLF)
Shares of MGC Pharmaceuticals Ltd. on the ASX rose 1000% today, closing the day at $0.0760 AUD, while shares on the OTC markets rose 107.12% on higher than average volume, closing the day at $0.064 USD per share. Today, the company announced a highly lucrative supply contract with a Korean cosmetics manufacturer.
India Globalization Capital, Inc. (NYSE:IGC)
Shares of India Globalization Capital, Inc. rose 7.53% today on higher than average volume, closing the day at $0.43 per share. Earlier today, SeeThruEquity issued $1.20 price target on India Globalization Capital following the company's announcement that the company would be targeting Germany, Canada and certain licensed medical cannabis states in the U.S. for commercialization.
Medicine Man Technologies Inc. (OTC:MDCL)
Shares of Medicine Man Technologies Inc. rose 14.75% today on higher than average volume, closing the day at $1.40 per share. Earlier this week, the company secured a contract for cultivation support with a German-based applicant competing for up to seven of the ten tender bids related specifically to growing medical cannabis in Germany.
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. Also, connect with The Daily Marijuana Observer on Facebook, Twitter, StockTwits and Instagram!
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