Out of over 200 marijuana stocks, there’s five that we’re going to be watching as the markets open due to breaking news out this morning.
Here’s five cannabis companies to watch today including Canopy Growth Corp. (TSX:WEED) (OTC:TWMJF) and more.
This morning, Aurora Cannabis Inc. announced that the company’s 40,000 square foot, yield-optimized indoor production facility in Pointe-Claire, Quebec has received its cultivation license from Health Canada. The newly licensed facility, to be known as “Aurora Vie”, makes Aurora only the second licensed producer in Quebec, Canada’s second most populous province.
This morning, Canopy Growth Corp. announced that it had entered into an agreement to sell a 9.9% stake to leading alcoholic beverage producer, Constellation Brands.
This morning, Emblem Corp. announced the appointment of Nick Dean as the company’s new Chief Executive Officer effective no later than January 15, 2018, subject to TSX Venture Exchange approval. Mr. Dean succeeds Gordon H. Fox, who has been with the Company since its inception.
This morning, GW Pharmaceuticals Plc announced that it has completed the rolling submission of a New Drug Application to the U.S. Food and Drug Administration for Epidiolex as adjunctive treatment of seizures associated with Lennox-Gastaut syndrome and Dravet syndrome, two highly treatment-resistant forms of childhood-onset epilepsy.
This morning, the Hydropothecary Corporation announced that it has entered into an agreement with Canaccord Genuity Corp. and a syndicate of underwriters pursuant to which the underwriters have agreed to purchase, on a bought deal placement basis, 50,000 convertible debenture units of the company at a price of $1,000 per unit for aggregate gross proceeds of $50,000,000 CAD.