WDDMF - Marijuana Stocks Winners and Losers Tuesday April 24 2018
Marijuana stocks fell again on Tuesday despite earlier analyst expectations of a pot stock rally due to changing political winds in Washington. In Colorado, the Governor is set to sign a bill pushed through by GW pharmaceutical lobbyists allowing for doctors to prescribe Epidiolex, big pharma’s repacked version of CBD. Here are the marijuana stock winners and losers for Tuesday, April 24, 2018:
Weed MD Inc.
WeedMD Inc. (WMD:CA) rose $ 0.080 per share, an increase of 4.30 percent, on average trading volume to close out the day at $1.940 per share. In recent news, WeedMD and Hiku Brands Company Ltd. (CSE:HIKU) announced a merger, creating one vertically integrated company.
Solis Tek Inc.
Solis Tek Inc. (SLTK) rose $0.050 per share, an increase of 3.73 percent, on higher than average trading volume to close out the day at $1.390 per share. Earlier this month Solis Tek announced their full-year 2017 financial results.
CanniMed Therapeutics Inc.
CanniMed Therapeutics Inc. (CMED) rose $1.130 per share, an increase of 3.67 percent, on lower than average trading volume to close out the day at $31.900 per share. Earlier this month the company signed a Letter of Intent to become a preferred supplier of medical cannabis to Pharmasave.
mCig Inc.
mCig Inc. (MCIG) fell $0.027 per share, a loss of 11.53 percent, on lower than average trading volume to close out the day at $0.211 per share. Last Friday mCig subsidiary Grow Contractors secured a management contract with a client in Sacramento, California.
CV Sciences Inc.
CV Sciences Inc. (CVSI) fell $0.085 per share, a loss of 11.05 percent, on higher than average trading volume to close out the day at $0.687 per share. Last month the company reported both their fourth quarter and full year 2017 financial results.
GrowGeneration Corp.
GrowGeneration Corp. (GRWG) fell $0.290 per share, on lower than average trading volume a loss of 6.46 percent, to close out the day at $4.200 per share. Eight days ago the company announced they had purchased all the assets of Superior Growers Supply.