Thursday, April 25, 2024

4 Cannabis Stocks We’re Watching Today: November 2nd, 2017

Out of over 200 cannabis stocks, there’s four that we’re going to be watching as the markets open due to breaking news out this morning.

Here’s four cannabis companies to watch today including Canopy Growth Corp. (TSX:WEED) (OTC:TWMJF) and more.

22nd Century Group Inc. (NYSE:XXII)

This morning, 22nd Century Group Inc. announced the hiring of James E. Swauger, Ph.D., as the company’s Senior Vice President of Science and Regulatory Affairs. Dr. Swauger was previously the leader of the scientific and regulatory functions at Reynolds American Inc.

Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF)

This morning, Aurora Cannabis Inc. announced that, further to its news release dated October 10, 2017, it completed its bought deal offering of 23,000,000 units of the company, including the exercise, in full, of the Underwriters’ over-allotment option with a syndicate of underwriters, led by Canaccord Genuity Corp., for gross proceeds of $69 million.

Canopy Growth Corp. (TSX:WEED) (OTC:TWMJF)

This morning, Canopy Growth Corp. announced the closing of its previously announced deal with Constellation Brands. Yesterday, Canopy Growth Corp. announced that Snoop Dogg’s manager, Ted Chung, was appointed as a “Strategic Advisor for Content Strategy” to bolster and capitalize upon brand opportunities for Tweed and other Canopy Growth cannabis brands as the legal Canadian recreational market is getting closer.

Marapharm Ventures Inc. (CSE:MDM) (OTC:MRPHF)

This morning, Marapharm Ventures Inc. announced that the company’s construction in Las Vegas has hit a series of critical milestones. The building shells are complete, the concrete has been poured, the buildings have been insulated, and interior framing has begun.

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Out of over 200 cannabis stocks, there's 5 that we're going to be watching as the markets open due to breaking news out this morning and more.

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