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5 of Today's Biggest Marijuana Stock Gainers - Tuesday, January 16th

January 16, 2018

 

Out of over 200+ marijuana stocks, here are 5 of the biggest marijuana stock winners in trading on Tuesday, January 16th including Kush Bottles, Inc. (OTC:KSHB) and more...

 

Friday Night Inc. (CSE:TGIF) (OTC:TGIFF)

 

Shares of Friday Night Inc. rose 7.40% on slightly lower than average trading volume, closing the day at $0.79871 per share. Earlier today, Friday Night announced that it has entered into a letter of intent to acquire 100% of Harvest Foundation LLC, a cannabis cultivation facility located adjacent to Friday Night’s Nevada facilities.

 

Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) (OTC:HMLSF)

 

While this is an ETF rather than a single stock, shares of Horizons Marijuana Life Sciences Index ETF rose 9.23% on the OTC markets on higher than average trading volume, closing the day at $17.4386 per share. Steven Hawkins, president & co-CEO of Horizons ETFs recently shared his bullish views on cannabis investments in 2018.

 

Innovative Industrial Properties, Inc. (NYSE:IIPR)

 

Shares of Innovative Industrial Properties, Inc. rose 11.70% on higher than average trading volume, closing the day at $33.79 per share. Recently, IIPR completed its acquisition of 358,000 square feet of greenhouse and industrial space in Arizona. 

 

Kush Bottles, Inc. (OTC:KSHB)

 

Shares of Kush Bottles, Inc. rose 26.72% on higher than average trading volume, closing the day at $8.30 per share. Earlier today, Kush Bottles announced financial results for Q1 of fiscal 2018, which showed measurable year-over-year revenue growth. 

 

Namaste Technologies Inc. (CSE:N) (OTC:NXTTF)

 

Shares of Namaste Technologies Inc. rose 12.29% on lower than average trading volume, closing the day at $2.3831 per share. This morning, Namaste announced that the company is participating as a lead order in a private placement offering by Atlas Growers Ltd., a late-stage applicant for an ACMPR cultivation and sales license. 

 

Tell us which marijuana stocks put you in the green today! Join the conversation in our Marijuana Stock Forum!

 

Conclusion

 

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 FacebookTwitterStockTwits and Instagram!

 

D/M/O

 

Disclaimer

 

Investing in nanocap, microcap, and small cap stocks is highly speculative. The publishers of DailyMarijuanaObserver.com are not registered as Investment Advisors or Broker-Dealers in any jurisdiction whatsoever. The information contained on DailyMarijuanaObserver.com (“this site”) has been prepared solely for informational purposes. Nothing on the site is an offer or solicitation to buy or sell securities. Investors should seek financial advice regarding the appropriateness of investing in any securities mentioned from their financial advisor.

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Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.