Canadian #Cannabis Stocks on
a High as news of Potential Legalization by July 1, 2018 Incites Investors
Trading snapshot: (TSX: WEED), (TSX: APH), (TSXV: ACB)
Point Roberts, WA, Delta BC – March 28, 2017 –
Investorideas.com, a global news source and investor resource covering hemp/cannabis
stocks issues a sector alert for Canadian stocks following news that the
Liberal government plans to release legislation the week of April 10, with a
mandate that recreational marijuana use will be legal by Canada Day of 2018.
Trading snapshot for Monday March 27, 2017:
Canopy Growth Corp. (TSX:WEED) made one of the top traded
stocks by volume and percentage gains on the TSX closing at $10.98, up $1.10 or
11.13% on volume of 5,759,482 shares.
Canopy Growth is a world-leading diversified cannabis company, offering
diverse brands and curated cannabis strain varieties in dried and oil extract
forms. Through its wholly‑owned subsidiaries, Canopy Growth operates numerous
state-of-the-art production facilities with over half a million square feet of
indoor and greenhouse production capacity. Canopy Growth has established
partnerships with leading sector names in Canada and abroad
Aurora's wholly-owned subsidiary, Aurora Cannabis Enterprises Inc., is a
licensed producer of medical cannabis pursuant to Health Canada's Access to
Cannabis for Medical Purposes Regulations (ACMPR). The Company operates a
55,200 square foot, state-of-the-art production facility in Mountain View
County, Alberta, and is currently constructing a second 800,000 square foot
production facility, known as "Aurora Sky", at the Edmonton
International Airport. The Aurora Sky project has secured advanced technology
from the most renowned design and construction suppliers in the Netherlands.
Aphria (TSX: APH) made the list of high percentage gainers, closing
at $6.72, up $0.52 or 8.39% on 2,124,618 shares.
The Company is located in Leamington, Ontario and is a Health Canada
approved licensed producer of high quality 100% greenhouse grown medical
cannabis products. Aphria produces and sells their products (currently dried
bud and cannabis oil) through 2 primary channels; retail and wholesale. Retail
sales are exclusively direct to consumer, a model that is mandated by Health
Canada under the ACMPR (‘Access to Cannabis for Medical Purposes Regulations’).
Through this model, customers place orders online or by telephone and the
product is shipped directly to their address. Aphria’s wholesale business
involves selling bulk product to other licensed producers. The company is also
committed to supporting cannabis R&D through various means including
strategic partnerships and the development of in house capabilities. In short,
Aphria is committed to providing pharma-grade medical cannabis and superior
patient care, while balancing patient economics and returns to shareholders.www.aphria.com
Aphria (TSX: APH) is listed on the 420 Cannabis Investor ideas
Directory www.420cannabisinvestorideas.com
Get a list of
additional TSX, TSX.V, CSE and OTC Canadian based cannabis stocks at
Investorideas.com cannabis/marijuana and hemp
content now includes: http://cannabisstocknews.blogspot.com on
Blogger.com: the Investorideas.com news, a cannabis investor group on
Linkedin.com , the 420 Cannabis Investor ideas www.420cannabisinvestorideas.com, and the new AI site Global Cannabis Investing at www.Globalcannabisinvesting.com
Read this release in
full at http://www.investorideas.com/news/2017/marijuana/03281Legalization.asp
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