The marijuana juniors on our list today have seen its share price surge 540% on average during the past six months
SmallCapPower | October 13, 2016: Although marijuana can have a calming effect, it has certainly sparked some hyper speculation in Canadian juniors in this space. Since our last article on April 22nd, 2016, marijuana producers and peripheral services alike have made leaps and bounds with the stocks on our list today increasing in value by 540% on average since that date, and 617% year to date (YTD). Investors are also rolling with the tide with the 30 day average trading volume increasing 217% compared to the 160 day average trading volume. As legalization is expected to come about in the spring of 2017, and prices expected to only rise on market sentiment and the initiation of revenues for some companies, these Canadian marijuana juniors could continue to make new highs.
THC Biomed Intl Ltd. (CSE:THC) – $1.10
Pharmaceuticals
THC BioMed Intl Ltd., formerly Thelon Capital Ltd., is a Canada-based development-stage company engaged in the research and development, plant innovation and life sciences. It offers Seeds R Us services. It offers a range of consulting services, such as application review, standard operating procedures and acting liaison services, for licensed producer applicants. It also offers other services, such as quality assurance training, horticulture training, simulated inspections, physical security plans, and analytical services. Its subsidiaries include THC BioMed Ltd. and THC Meds Inc.
- Market Cap: $110.83
- YTD Price PCT Change: 1,057.9%
- Price Change as of April 22, 2016: 817%
- Trading Volume Increase: 160 Day to 30 Day Avg: 221%
Lifestyle Delivery Systems Inc. (CSE:LDS) – $0.72
Diversified Mining
Lifestyle Delivery Systems Inc., formerly Kariana Resources Inc. (Kariana), is a Canada-based company that is engaged in development and licensing of technologies that produce oral delivery systems. The Company’s oral delivery systems can be used for energy elixirs, herbal remedies and a smokeless alternative option to medicinal and recreational users of cannabis. Canna Delivery Systems Inc. is the Company’s subsidiary. The Company has not generated any revenue.
- Market Cap: $28.27
- YTD Price PCT Change: 555%
- Price Change as of April 22, 2016: 555%
- Trading Volume Increase: 160 Day to 30 Day Avg: 142%
Maple Leaf Green World Inc. (CVE:MGW) – $0.87
Forest & Wood Products
Maple Leaf Green World Inc. (Maple Leaf) is focused on eco-agriculture and renewable energy in the environmental industry. The Company is seeking opportunities to obtain an Marijuana for Medical Purposes Regulation (MMPR) License from Health Canada and medical marijuana business in the State of California, the United States. The Company operates through the eco-agriculture segment. Maple Leaf, along with its subsidiary, is engaged in exploring opportunities for its eco-agriculture nursery business, including medical marijuana in Canada and the United States, and its renewable energy business in China. The Company has not generated any revenues.
- Market Cap: $101.20
- YTD Price PCT Change: 867%
- Price Change as of April 22, 2016: 596%
- Trading Volume Increase: 160 Day to 30 Day Avg: 228%
Aurora Cannabis Inc. (CVE:ACB) – $2.38
Fishing & Farming
Aurora Cannabis Inc (Aurora) is a Canada-based company operating via its subsidiary, Aurora Cannabis Enterprises Inc, as a licensed producer of medical marihuana pursuant to the Marihuana for Medical Purposes Regulations. It operates an approximately 55 thousand square foot expandable production facility in Alberta, Canada.
- Market Cap: $574.61
- YTD Price PCT Change: 297%
- Price Change as of April 22, 2016: 341%
- Trading Volume Increase: 160 Day to 30 Day Avg: 223%
PharmaCan Capital Corp. (now Cronos Group) (CVE:MJN) – $1.29
Investment Management & Fund Operators
PharmaCan Capital Corp., formerly Searchtech Ventures Inc., is a merchant bank, which is focused on investing in Canada’s medical marijuana industry. The Company is engaged in the business of investing in companies either licensed or seeking a license to produce medical marijuana. The Company operates through two segments: Investing Segment and Operating Segment. The Company has invested in and made loans to companies, including The Peace Naturals Project Inc, Whistler Medical Marijuana Corporation, Vert/Green Medical Inc., Evergreen Medicinal Supply Inc., AbCann Medicinals Inc., CannMart Inc. and The Hydropothecary Corporation.
- Market Cap: $156.57
- YTD Price PCT Change: 310%
- Price Change as of April 22, 2016: 378%
- Trading Volume Increase: 160 Day to 30 Day Avg: 274%
