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.
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