Canadian Cannabis Stock Surges on Supply Deal

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

Sean Mason | March 18, 2019 | SmallCapPower

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.

For Our Complete Coverage Of Canadian Marijuana Stocks Click Here    

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.

Win Big With Our Small Cap Picks


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.

See more Small and Micro Cap Market Movers Daily from Sean Mason. Tomorrow’s big stock market winners could be found here today!

Hi, did you know SmallCapPower accepts blog submissions? You can contact me here

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: