Saturday, May 30, 2020
Home Cannabis 3 Cannabis Stocks We Are Watching Today: October 20, 2017

3 Cannabis Stocks We Are Watching Today: October 20, 2017

Out of over 200 cannabis stocks, there are three that we’re going to be watching as the markets open due to breaking news we obtained just this morning.

Here’s three cannabis companies to watch today including Maricann Group Inc. (CSE:MARI) (OTC:MRRCF) and more:

India Globalization Capital, Inc. (NYSE:IGC)

This morning, SeeThruEquity, a leading independent equity research and corporate access firm focused on small-cap and micro-cap public companies, today announced it has issued an update note on India Globalization Capital. Earlier this week, the company announced plans to commercialize its Alzheimer’s treatment via medical marijuana dispensaries in Germany, Canada and certain licensed medical cannabis states in the United States.

Maricann Group Inc. (CSE:MARI) (OTC:MRRCF)

Late last night, Maricann Group Inc. announced that insiders of the company have agreed to purchase $7,000,000 of convertible debenture units in its previously announced private placement offering. Additionally, the company issued an update to shareholders regarding the anticipated NanoLeaf acquisition.

Umbral Energy Corp. (CSE:UMB) (OTC:UMBBF)

Yesterday, news broke that Umbral Energy Corp.’s 75% owned subsidiary, PhyeinMed Inc. has begun the full build out of their 15,500 sq ft facility in Falkland, British Columbia. PhyeinMed is a late-stage applicant to become a licensed producer of medical marijuana under Health Canada’s ACMPR.

The story originally appeared on the The Daily Marijuana Observer. You can connect with them on social media via Facebook, Twitter, StockTwits, YouTube, and Instagram.

FOR A WEEKLY DOSE OF THE FRESH TOAST

Hand selected from our editors with all the latest news and entertainment with a side of cannabis.

MUST READ

This Mexican Canna-Punch Is The Only Cinco De Mayo Drink You Need

I think the holiday of Cinco de Mayo is more a good excuse to get happy than the actual meaning of the day — as far as I know it’s the Mexican Independence Day — but for all intents and purposes, its Tequila & Weed Day for me.