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Today's Marijuana Stock Gainers - March 15th, 2017

March 15, 2017

Following a rate hike by the U.S. Federal Reserve, broad equity markets across North America doubled their earlier gains and didn't look back. The Dow rose 112 points, the NASDAQ gained 0.74% and the S&P/TSX Composite in Canada finished up over 141 points or 0.92%. This bullish action trickled down into the cannabis space, with many names gaining in today's trading. 

 

Today's gainers features two NYSE listed cannabis companies, India Globalization Capital (NYSE:IGC) and Innovative Industrial Properties (NYSE:IIPR). These marijuana stocks are 'special' because they can be traded using the Robinhood App, and are supported by StockTwits, so be sure to check them out. 

 

Looking at our worldwide cannabis-related stock databases, here are some stocks that gained in trading on Wednesday, March 15th, 2017. 

 

Grow Solutions Holdings, Inc (OTC:GRSO)

 

Grow Solutions Holdings' shares closed Wednesday's trading session at $0.127, up 15.45% from their prior close of $0.11. Today's volume in GRSO of 310,000 shares was higher than their 30-day average of 217,000. 

 

India Globalization Capital, Inc. (NYSE:IGC)

 

Shares of India Globalization Capital finished today's trading at $0.329, a gain of 1.23% compared to their previous close of $0.32. Volume in IGC today was lower than their 30-day average trading volume of 178,000 shares. 

 

 Innovative Industrial Properties, Inc. (NYSE:IIPR) 

 

Shares of NYSE listed cannabis REIT, Innovative Industrial Properties gained 6.75% in Wednesday's trading, closing at $16.93. Today's trading volume in IIPR was higher than their 30-day average volume of nearly 40,000 shares. This morning, Innovative Industrial Properties announced that they will report their 4th quarter financial results on March 22nd after the close

 

Maple Leaf Green World Inc. (TSXV:MGW)(OTC:MGWFF)(FRA:4HV)

 

Although shares of Maple Leaf Green World did not trade today on the Frankfurt Exchange, both of their North American listings were active gainers in Wednesday's trading. On the TSX Venture Exchange, MGW closed at CAD$0.57, up 9.62% from their prior close of CAD$0.52. Maple Leaf Green World shares on the U.S. OTC markets finished the day's trading up 7.50% at $0.4244. Today's trading volume in MGWFF was lower than their 30-day average volume of 15,000 shares. 

 

Medical Marijuana, Inc. (OTC:MJNA)

 

Medical Marijuana Inc. shares closed today's trading session at $0.13, up 18.18% from their previous close of $0.11. Today's volume in MJNA of over 25 million shares was higher than their 30-day average trading volume of nearly 16 million shares. 

 

Conclusion

 

To find out more about any of the stocks in today's gainers, use the linked ticker symbols to visit their stock profile in our global marijuana stock database where you can find a custom stock chart, recent news and more!

 

To keep up with what's happening in the marijuana industry be sure to connect with us on social media using the links below. Also, if you haven't already subscribed, use the link below to get free email updates from the Daily Marijuana Observer. If you know someone who is interested in investing in marijuana stocks, be sure to share this article with them using the links below.

 

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/.