Tokers & Jokers | Weed Stocks Ring In The New Year

Wednesday was 2019’s first trading session, with cannabis stocks generally trading up at the close of market. Only a few jokers

Green Growth Brand’s (CSE: GGB) (OTCQB: GGBXF) interest in a hostile takeover of Aphria Inc (NYSE: APHA) has been surrounded in a great deal of controversy. The two companies have denied recent allegations of insider self-dealing. Green Growth Brands was down 0.64% to $3.39 on the OTCMKTS.

After news of its Colombian subsidiary Colcanna SAS signing an agreement with the Federación Médica Colombiana to develop an academic curriculum on the medicinal use of cannabis, Aphria (NYSE: APHA) was up 5.44% to $6.01.

Cronos Group (NASDAQ: CRON) jumped  Canopy Growth Corp. (NYSE: CGC) jumped 8.85% to $11.31.

And Tilray (NASDAQ: TLRY) was trading down 0.11% to $70.46.

With a much needed boost, Aurora Cannabis (NYSE: ACB) was finally trading up 5.75% to $5.24.

Acreage Holdings Inc. (OTCMKTS: ACRGF) (CNSX: ACRG.U) recently announced the opening of its first “The Botanist” cannabis dispensary in Massachusetts. The stock was up 4.62% to $19.89 on the OTCMKTS.

GW Pharmaceuticals (NASDAQ: GWPH) climbed 3.72% to $101.01 after JP Morgan analyst Cory Kasimov gave the company a bullish rating with a 32% rise in target price.

Hexo Corp. (OTCMKTS: HYYDF) (TSE: HEXO) recently announced it is seeking a listing on the NYSE. The company was also trading up today 11.98% to $3.84.

Organigram Holdings Inc. (OTCMKTS: OGRMF) (CVE: OGI) was up more than 17% at the end of trading, soaring to $4.18 on the OTCMKTS.

MJardin Group Inc. (OTCMKTS: MJARF) (CSE: MJAR) who was down a significant 9.66% to $3.52.

Cresco Labs (OTCMKTS: CRLBF) (CSE: CL) closed wednesday’s market down 0.23% at $6.73 on the OTCMKTS.

Auxly Cannabis Group Inc. (OTCMKTS: CBWTF) was trading up 6.92% to $0.71.

After announcing the opening of a new Florida location, iAnthus Capital Holdings (OTCMKTS: ITHUF) was trading up 4.24% to $4.25.

In 2019 The Green Organic Dutchman (OTCMKTS: TGODF) (TSE: TGOD) recently announced the company expects to have an output of 170,000 kilograms per year. The company was trading up 8.29% climbing to $1.96 on the OTCMKTS.

Rebounding from a tough December, MariMed Inc (OTCQB: MRMD) closed up 8.92%. The stock price rose to $3.54.

Monday Sunniva Inc (CSE: SNN) (OTCQB: SNNVF) announced the closing of its 100% acquisition of LTYR Logistics, LLC. Sunniva was up a massive 18.27% climbing to a price of $2.89 on the OTCQB

Golden Leaf Holdings Ltd (CSE: GLH) (OTCQB: GLDFF) also climbed a whopping 18.2% to $0.12.

CannTrust Holdings Inc. (OTCMKTS: CNTTF) (TSX: TRST) jumped 7.68% to bringing the stock price to $5.19 on the OTCMKTS.

Origin House (OTCMKTS: ORHOF) (CNSX :OH) ended the last trading session down 0.54% to $4.72.

New Age Beverage Co. (NASDAQ: NBEV) was trading up 1.73% climbing to $5.29.

Horizon’s ETFs Management Canada Inc. (TSE: HMMJ) closed up 5.57% at $15.15.

ETFMG Alternative Harvest ETF (NYSEARCA: MJ) was also up 5.93% closing out at $26.42

1 thought on “Tokers & Jokers | Weed Stocks Ring In The New Year”

  1. Pingback: Cannabis Shorts Gain $432M | JP Morgan Backs GW Pharma | Is CBD LegaL? | - The Morning Blunt