Harvest One Cannabis Inc. (TSXV:HVT), a Canadian cannabis stock, moved sharply higher after announcing an agreement to become a cannabis supplier to Shoppers Drug Mart
A supply agreement with a big pharmacy chain sparked interest in a Canadian cannabis stock Monday. Here’s some small stocks making big moves on Monday, March 18, 2019 (as of 4 pm EST):
Harvest One Cannabis Inc. (TSXV:HVT), a Canadian cannabis stock, climbed 25% to $0.99 Monday after announcing that it has entered into an agreement to become a medical cannabis supplier to Shoppers Drug Mart.
As well, shares of Lydian International Limited (TSX:LYD) slipped 14% to $0.095 as the gold junior said its Chief Financial Officer, Douglas Tobler, has submitted his resignation, effective June 14, 2019.
Graphite One Inc. (TSXV:GPH), meanwhile, reported results from the 2018 Field Program at its Graphite Creek Project in Alaska, which included 16.3 metres of 11.93% graphite. Graphite One stock popped 16% to $0.29 following the announcement.
Finally, Mondias Naturals Inc. (TSXV:NHP) shares jumped 21% to $0.29 after the botanical products developer announced what it called “positive” results from its greenhouse production tests conducted in collaboration with McGill University and a leading cannabis producer on its proprietary CELEXT07 bio-defense stimulant plant extract.
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
To read our full disclosure, please click on the button below:
The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The Reader should apply his/her own judgment in making any use of any Content, including, without limitation, the use of any information contained therein as the basis for any conclusions. The Reader bears responsibility for his/her own investment research and decisions. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.
Harvest One Cannabis Inc. (TSXV:HVT), a Canadian cannabis stock, climbed 25% to $0.99 Monday after announcing that it has entered into an agreement to become a medical cannabis supplier to Shoppers Drug Mart.
