Based on market movement and recent news in the first section of the trading day, here are a couple of marijuana stocks we are going to be keeping a watch on through the rest of the trading session of Tuesday:
Beleave Inc. (CSE:BE)(OTC:BLEVF)
After First Access Medical, their subsidiary, received its ACMPR license of Beleave have come under considerable pressure. The company issued a press release stating there’s been ‘no material change’ that management is aware of. We are going to be watching to see shares react to this ‘assurance of a lack of news’ .
We are going to be watching to see how shares of ICC trade through the remaining session given the news of today.
PUF Ventures announced that its late state ACMPR Applicant is moving in the Health Canada queue today. Health Canada continues to be making improvements to help expedite the ACMPR license process ahead of legalization that is recreational. We are going to be watching to see how shares of PUF Ventures finish today’s session out.
ICC International Cannabis Corp. (TSX-V:ICC)(OTC:ICCLF)
This morning, ICC International Cannabis Corp. announced the company has obtained approval from Uruguayan regulatory authorities to cultivate an additional 494 acres. In early Tuesday trading, shares are higher by roughly 3% and nearly 10% on the TSX- V and the OTC Markets respectively. We’ll be watching to see how shares of ICC trade through the remaining portion of the session given today’s news.
Supreme Pharmaceuticals Inc. (TSX-V:FIRE)(OTC:SPRWF)
In the first day of trading on the TSX Venture Exchange of the company, shares of Supreme are up more than 4%. Supreme delisted in the CSE so that you can go to the TSX-V. The company changed their ticker symbol. We are going to be watching to see how shares of Supreme finish their first session on the TSX Venture out.