Out of over 200+ marijuana stocks, here are 5 of the biggest marijuana stock winners in trading on Tuesday, January 16th including Kush Bottles, Inc. (OTC:KSHB) and more...
Shares of Friday Night Inc.rose 7.40% on slightly lower than average trading volume, closing the day at $0.79871 per share. Earlier today, Friday Night announced that it has entered into a letter of intent to acquire 100% of Harvest Foundation LLC, a cannabis cultivation facility located adjacent to Friday Night’s Nevada facilities.
While this is an ETF rather than a single stock, shares of Horizons Marijuana Life Sciences Index ETF rose 9.23% on the OTC markets on higher than average trading volume, closing the day at $17.4386 per share. Steven Hawkins, president & co-CEO of Horizons ETFs recently shared his bullish views on cannabis investments in 2018.
Shares of Innovative Industrial Properties, Inc.rose 11.70% on higher than average trading volume, closing the day at $33.79 per share. Recently, IIPR completed its acquisition of 358,000 square feet of greenhouse and industrial space in Arizona.
Shares of Kush Bottles, Inc.rose 26.72% on higher than average trading volume, closing the day at $8.30 per share. Earlier today, Kush Bottles announced financial results for Q1 of fiscal 2018, which showed measurable year-over-year revenue growth.
Shares of Namaste Technologies Inc. rose 12.29% on lower than average trading volume, closing the day at $2.3831 per share. This morning, Namaste announced that the company is participating as a lead order in a private placement offering by Atlas Growers Ltd., a late-stage applicant for an ACMPR cultivation and sales license.
Find more about today's gainers by checking out their respective profiles in our global marijuana stock database via the linked tickers above. To stay up to date with important developments in the cannabis industry, be sure to subscribe to one or more of our free email newsletters. Also, connect with The Daily Marijuana Observer on Facebook, Twitter, StockTwits and Instagram!
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