Out of over 200 marijuana stocks, there’s 5 that we’re going to be watching as the markets open due to breaking news out this morning and more.
Here’s 5 cannabis companies to watch today including Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF) and more.
This morning, 22nd Century Group, Inc. announced the hiring of Juan Sanchez Tamburrino, Ph.D., as the Company’s Vice President of Research and Development. Dr. Tamburrino was previously the head of the Plant Biotechnology Division of British American Tobacco.
This morning, Aurora Cannabis Inc. had two major announcements that are moving shares of the company. Aurora announced that further to the investor rights agreement between both companies, as announced on November 6, 2017, Aurora will make a further investment in Radient Technologies Inc. for a total of $12 million. Also, Aurora announced that it is increasing its ownership stake in Cann Group Ltd.from 19.9% to 22.9%.
This morning, Aurora Cannabis Inc. announced that it is increasing its ownership stake in Cann Group Ltd. from 19.9% to 22.9% by participating in Cann’s latest, fully underwritten Placement of Shares, priced at $2.50 AUD per share.
Today, Emblem Corp. announced its growth plans for 2018. Incoming President and CEO, Nick Dean, will be moving forward under a new paradigm focused on building capacity to meet the expected surge in demand, ramping up patient acquisition on the medical cannabis market, and embarking on a number of strategic partnerships that will position it well for the adult-use cannabis market.
Related Story: Medical Marijuana and Idiopathic Intracranial Hypertension
This morning, GW Pharmaceuticals Plc. filed its financial results for the fourth quarter and year-ended 30 September 2017 with the SEC in a form 20-F.