Amid the early part of today’s trading session, we’ve come up with a couple of marijuana stocks on the rise. More specifically, a few companies that should be paid attention to for the remainder of the today’s trading.
DOJA Cannabis Company Ltd. (CSE: DOJA)
Wednesday marks day one of DOJA being on the CSE. The company is breaking new ground — honing in on lifestyles. DOJA prides itself on expanding in the premium brand space. The company opened at $0.75, as its shares are increasing by over 17%. Clearly, DOJA is being well-received by the looks of its early trading day results.
It will be interesting to see just how DOJA closes out the rest of Wednesday’s trading day.
Terra Tech Corp. (OTC: TRTC)
Unfortunately for Terra, the company didn’t exactly rise up during the most recent quarter, which came to a close on June 30. Its total revenues decreased and its gross margins increased. This was quite different than its results in 2016 — at this point in time. This was attributed to a contract loss in Terra’s Edible Garden division.
However, the company did show a revenue increase of 57.9%. But its gross margins took a discount loss with the goal of gaining market share.
As of the early trading day, its shares decreased 9% volume-wise. But its volume is already larger than its 30-day average, a potential indicator of it being one of today’s marijuana stocks on the rise.
Aphria Inc. (TSX:APH)(OTC:APHQF)(FRA:10E)
Wednesday’s trading day brought about the news that Aphria has partnered up with Nuuvera, which is a marijuana company out of Canada. After early-day gains, the company’s stock slide by 1%. Aphria’s OTC Markets symbol also faltered by 1% in the early hours of the trading day.
It will be interesting to see how things progress with Aphria amid its strategic partnering with Nuuvera.