Out of over 116 licensed producers of cannabis under Health Canada’s Access to Cannabis for Medical Purposes Regulations, a large portion of them are publicly traded or are owned by a publicly traded company.
Out of 40 different publicly traded Canadian L.P. stocks that we track across the TSX, TSXV, CSE, and the NASDAQ, here are the 5 of the best performing licensed producer stocks in trading today on Tuesday, September 11th, 2018 including Ascent Industries Corp. (CSE:ASNT) and more…
#1) Ascent Industries Corp. (CSE:ASNT)
Today, shares of Ascent Industries Corp. closed the trading day up at $0.85 CAD per share. When compared to the previous close of $0.62 CAD, today’s increase of $0.23 CAD per share represents an approximate 37.10% rise in share price for Ascent Industries. Recently, Ascent announced that through its wholly‐owned subsidiary, Agrima Botanicals, the company has entered into a supply agreement with the Ontario Cannabis Retail Corporation to supply branded cannabis products to the adult‐use market in
the Province of Ontario.
#2) Aleafia Health Inc. (TSXV:ALEF)
Today, shares of Aleafia Health Inc. closed the trading day up at $1.40 CAD per share. When compared to the previous close of $1.20 CAD, today’s increase of $0.20 CAD per share represents an approximate 16.67% rise in share price for Aleafia Health. Recently, Aleafia announced that it secured its first sale of high-quality medical cannabis to CannTrust Holdings Inc. (TSX:TRST).
#3) Tilray Inc. (NASDAQ:TLRY)
Today, shares of Tilray Inc. closed the trading day up at $95.79 CAD per share. When compared to the previous close of $84.50 USD, today’s increase of $11.29 CAD per share represents an approximate 13.36% rise in share price for Tilray. Recently, Tilray announced that it successfully exported product into the United Kingdom to supply a pediatric patient in need.
#4) Newstrike Brands Ltd. (TSXV:HIP)
Today, shares of Newstrike Brands Ltd. closed the trading day up at $0.78 CAD per share. When compared to the previous close of $0.70 CAD, today’s increase of $0.08 CAD per share represents an approximate 11.43% rise in share price for Newstrike Brands. Recently, shares of Newstrike were approved for graduation from Tier 2 to Tier 1 issuer status on the TSX Venture Exchange.
#5) Namaste Technologies Inc. (TSXV:N)
Today, shares of Namaste Technologies Inc. closed the trading day up at $3.55 CAD per share. When compared to the previous close of $3.20 CAD, today’s increase of $0.35 CAD per share represents an approximate 10.94% rise in share price for Namaste Technologies. Recently, Namaste provided an update on its intention to list the company’s shares on the NASDAQ.
Be sure to subscribe to Canadian L.P. Stock Updates so you never miss an important update.
Get Real-Time Updates from MJobserver.com