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Today's Marijuana Stocks On The Rise - March 8th, 2017

March 8, 2017

 

In today's North American trading session broad equity markets were mixed with the Dow losing 36 points, the NASDAQ Composite gaining 0.06% and the TSX composite losing 0.72% on the day. That being said, there were some names in the cannabis space that outperformed the markets in today's trading session. 

 

Cannabis stocks listed on the NASDAQ including GW Pharmaceuticals, Insys Therapeutics and Zynerba Pharmaceuticals posted solid gains in the markets today. 

 

To learn more about these names and other marijuana stocks on the NASDAQ, check out our article about NASDAQ listed cannabis companies

 

Also, remember NASDAQ listed names are some of the stocks that can be traded on the Robinhood app and are supported by StockTwits, so be sure to check them out!

 

Looking at our international databases of publicly traded cannabis companies, below are some names that gained in trading on Wednesday, March 8th, 2017. 

 

AXIM Biotechnologies, Inc. (OTC:AXIM)

 

Shares of AXIM Biotech had a positive trading day this Wednesday, gaining 1.40% on the day to close at $8.72. Today's volume in AXIM of 22,000 shares was lower than their 30-day average trading volume of 57,000. 

 

Golden Leaf Holdings, Inc (CSE:GLH)(OTC:GLDFF)(FRA:9GL)

 

Following their shareholder update this morning regarding product sales in Oregon, shares of Golden Leaf Holdings finished the trading day mixed. As of the European close, Golden Leaf's Frankfurt listing closed at €0.20, down 9.50% on the day. However, their North American listings fared considerably better in today's trade. On the CSE, GLH finished the day at CAD$0.315, up 1.61% versus their previous close. GLDFF shares also had a strong day, gaining 2.17% to finish at $0.235. Volume in Golden Leaf's OTC markets listing was higher than their 30-day average trading volume of 104,000 shares. 

 

GW Pharmaceuticals Plc (NASDAQ:GWPH)

 

GW Pharmaceuticals shares gained 1.72% in today's trading to close the day at $129.59. 366,000 shares of GWPH changed hands over the course of the session, slightly lower volume than their 30-day average trading volume. 

 

Insys Therapeutics, Inc. (NASDAQ:INSY)

 

Shares of Insys Therapeutics closed today's trading at $11.07, up 1.28% from their previous close of $10.93. Today's trading volume in INSY was around their 30-day average volume of 1.2 million shares. 

 

Surna Inc. (OTC:SRNA)

 

Surna Inc. shares finished Wednesday's trading at $0.179, up 5.29% from their previous OTC markets close of $0.17. A million shares of SRNA changed hands today, close to their 30-day average trading volume. Earlier today, Surna announced their completion of a $2.2 million private placement. 

 

Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE)

 

Shares of ZYNE closed today's session at $21.11, up 5.08% from their previous close of $20.09. Today's volume in Zynerba Pharmaceuticals was lower than the company's 30-day average trading volume of 482,000 shares.

 

Conclusion

 

If you want to learn more about any of today's marijuana stocks on the rise, use the linked ticker symbols above to visit their stock profile in our global marijuana stock database

 

To keep up with cannabis industry updates from the Daily Marijuana Observer 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.

 

Now Read: Today's Marijuana Stock Losers

 

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/.