As many know, the regular 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 be an indicator of how the rest of the day will play out. Here’s the marijuana stocks that are moving in the pre-market session today.
Canopy Growth Corp. (NYSE:CGC) is trading up at $47.70 USD per share in the NYSE pre-market session. Shares of CGC closed the trading session on Friday, August 24th at $45.00 USD per share. This represents a rise of roughly 6%. Last week, Canopy announced a positive update regarding its spin-off of Canopy Rivers.
Cronos Group Inc. (NASDAQ:CRON) is trading up at $11.51 USD per share in the NASDAQ pre-market session. Shares of CRON closed the trading session on Friday, August 24th at $9.94 USD per share. This represents a rise of roughly 15.49%. Last week, Cronos Group announced provincial supply agreements for recreational cannabis sales in anticipation of October 17th.
Tilray Inc. (NASDAQ:TLRY) is trading up at $52.27 USD per share in the NASDAQ pre-market session. Shares of TLRY closed the trading session on Friday, August 24th at $43.86 USD per share. This morning, Tilray announced that it has been selected by the Nova Scotia Liquor Corporation to receive an initial purchase order for adult-use cannabis.
Conclusion
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