In Tuesday's trading, broad equity markets in the U.S. were under modest pressure, with the Dow losing 29 points on the day. In Canada, the TSX Composite index finished down 0.13%. It's not all bad news though!
Despite general selling pressure across the cannabis industry today related to some news announcements from the Canadian Licensed Producers earlier, some marijuana names withstood the pressure and gained in today's trading session.
Across our global databases of marijuana related stocks, here are some names that posted gains in trading on Tuesday, March 7th, 2017.
Advantis Corporation (OTC:ADVT)
Shares of Advantis Corporation had a strong day in trading today gaining 27.08% to close at $0.0305. Volume in ADVT today of over 15 million shares was higher than the company's 30-day average trading volume.
Chuma Holdings, Inc (OTC:CHUM)
CHUM shares gained 21.97% in today's session, finishing the day at $0.033175. Today's trading volume was lower than the company's 30-day average volume of 87,000 shares.
CLS Holdings USA, Inc. (OTC:CLSH)
CLSH shares closed trading on Tuesday at $0.10, up 42.86% from their previous close of $0.07. Volume in CLS Holdings was over double the company's 30-day average trading volume of 53,000 shares.
Neutra Corp. (OTC:NTRR)
Shares of Neutra Corp. closed today's session at $0.31196, up 6.86% from their previous close of $0.29194. Today's volume in NTRR of 7,900 shares was lower than the company's 30-day average volume.
South American Gold Corp. (OTC:SAGD)
Shares of SAGD closed today's session at $0.07248, up 8.39% from their previous close of $0.0715. Today's volume in South American Gold Corp. was higher than the company's 30-day average trading volume of 345,000 shares.
For those of you confused by the name, according to the company's profile on OTC Markets, South American Gold Corp. "is focused on becoming the premiere provider of value added products and services for the cultivation and processing of cannabis for the South American medical and recreational markets with an initial focus on the Uruguayan market."
If you see a marijuana stock here that captures your curiosity, a great place to learn more is their company profile in our cannabis-related stock database by using the linked ticker symbols above.
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Now go read about today's marijuana stock laggards!
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