Canadian Cannabis Stock Moves Higher on Facility Launch

Emerald Health Therapeutics, Inc. (TSXV:EMH), a Canadian cannabis stock, climbed after launching its Quebec production facility

Sean Mason | February 20, 2019 | SmallCapPower

A new marijuana production facility attracted investors to a Canadian cannabis stock Wednesday. Here’s some small stocks making big moves on Wednesday, February 20, 2019 (as of 4 pm EST):

Emerald Health Therapeutics, Inc. (TSXV:EMH), a Canadian cannabis stock, jumped 16% to $3.92 on Wednesday after announcing the launch of Verdélite Sciences Inc., a wholly-owned, Québec-based production subsidiary licensed by Health Canada, which currently produces high-grade dried cannabis for medical and adult-use purposes.

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As well, shares of Uni-Select Inc. (TSX:UNS) slid 23% to $14.90 as the provider of automotive refinish and industrial paint and related products said its fourth-quarter adjusted EBITDA fell 23% to $21.4 million.

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OneSoft Solutions Inc. (TSXV:OSS), meanwhile, reported that its wholly-owned subsidiary has revealed that another software trial client has adopted OneBridge’s Cognitive Integrity Management software-as-a-service solution for long-term use. OneSoft Solutions stock moved up 20% to $0.72 following the announcement.

Finally, Barkerville Gold Mines Ltd. (TSXV:BGM) shares rose 6% to $0.455 after the gold explorer announced final drilling results from the 2018 Island Mountain exploration and category conversion program at its Cariboo Gold Project in British Columbia, which included 7.75 g/t gold over 46.0 meters.

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Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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