The normal North American trading day takes place between the opening bell at 9:30 AM EST and the closing bell at 4:00 PM EST. For the early-rising serious traders who are looking to get an edge, there is the pre-market session.
Movement in the pre-market session can sometimes be an indicator of how the rest of the day will play out.
Here are the cannabis-related stocks that are moving in the pre-market session today, in alphabetical order…
Canopy Growth Corp. (NYSE:CGC) is trading up over 1.25% at $20.56 USD per share in the NYSE pre-market session. Shares of CGC closed the trading session on Monday, February 24th at $20.30 USD per share. Recently, it was disclosed that the firm that invests the assets of the Canada Pension Plan, the Canada Pension Plan Investment Board, bought a big stake in Canopy last quarter.
Cronos Group Inc. (NASDAQ:CRON) is trading up nearly 3% at $6.55 USD per share in the NASDAQ pre-market session. Shares of CRON closed the trading session on Monday, February 24th at $6.37 USD per share, battered down in trading yesterday on news that it would delay its 2019 fourth quarter and full-year earnings release and conference call, previously scheduled for Thursday, February 27th.
Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE) is trading up over 10% at $5.13 USD per share in the NASDAQ pre-market session. Shares of ZYNE closed the trading session on Monday, February 24th at $4.63 USD per share. This morning, Zynerba announced that it has been issued U.S. Patent No. 10,568,848, titled “Treatment of Autism with Cannabidiol” which includes claims directed to methods of treating autism spectrum disorder by transdermally administering purified CBD. The new patent expires in 2038…
Conclusion
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