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Today's Marijuana Stock Gainers - March 23rd, 2017

March 24, 2017

 

During today's North America trading sessions, markets in the U.S. gave back earlier gains to finish slightly negative on the day while Canadian markets finished strong. The Dow closed Thursday's trading down 4.72 pointsthe NASDAQ Composite finished down 0.07%, and the TSX Composite closed up 85 points or 0.55%.

 

It was tough picking just five names for gainers today as the cannabis sector was so strong in today's trading session, outperforming both the U.S. and Canadian broad market indices. 


Here are five cannabis-related stocks that posted strong gains in trading on Thursday, March 23rd, 2017. 

Canopy Growth Corp. (TSX:WEED)(OTC:TWMJF)(FRA:11L1)

 

The markets received Canopy Growth's earlier announcement that their expanded growing and fulfillment facilities were licensed by Health Canada with fanfare. As of the European close earlier shares of Canopy on the Frankfurt Exchange closed up 9.42% at €7.12. WEED shares on the TSX finished today's trading at CAD$10.16, up 4.53% from their previous close of CAD$9.72. Last but not least, Canopy on the OTC markets finished up 4.13% at $7.62. Volume in TWMJF today was lower than their 30-day average trading volume of 372,000 shares. 

 

Invictus MD Strategies Corp. (CSE:IMH)(OTC:IVITF)(FRA:8IS)

 

Shares of Invictus MD Strategies responded well to their press release earlier regarding the successful completion of test crops at AB Laboratories. Shares of Invictus did not trade today on the Frankfurt Exchange, however they were active in both the U.S and Canada. On the CSE shares of Invictus closed up 8.70% at CAD$1.25. Their U.S. listing finished Thursday's trading at $0.9117, up 3.38% from their previous close of $0.8819. Trading volume in IVITF was lower than their 30-day average volume of 48,700 shares. 

 

Kush Bottles, Inc. (OTC:KSHB)

 

Kush Bottles' shares finished today's trading up 11.49% at $1.94. Today's trading volume in KSHB of 128,000 shares was lower than their 30-day average volume of 166,000 shares. Earlier today, Kush Bottles announced a relocation and expansion of their corporate headquarters and California distribution facility

 

Vodis Pharmaceuticals, Inc. (CSE:VP)(OTC:VDQSF)(FRA:1JV)

 

This morning, Vodis announced that construction is underway on the expansion of their Bellingham, Washington cultivation facility. The market responded well to this announcement with shares of Vodis closing today's trading up 12.82% at CAD$0.44. Today's volume in Vodis was higher than their 30-day average trading volume. 

 

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

 

Shares of 22nd Century Group gained 8.33% in today's trading session, closing at $1.04. Volume in XXII of over 1.3 million shares was higher than their 30-day average volume of 700,000 shares.  

 

Conclusion

 

If you see a marijuana stock here that captures your curiosity, a great place to learn more is their company profile in our global marijuana stock database by using the linked ticker symbols above.

 

To keep up with what's happening in the cannabis industry be sure to connect with us on social media using the links below. If you haven't already subscribed, use the link below to get free email updates from the Daily Marijuana Observer. 

 

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/.