Black Friday and Cyber Monday generated a bit of green for a Canadian cannabis stock Friday. Here’s some small stocks making big moves on Friday, November 30, 2018 (as of 4 pm EST):
Namaste Technologies Inc. (TSXV:N), a Canadian cannabis stock, rose 12% to $1.39 on Friday after announcing record-breaking sales across its global online platforms, totaling more than C$1.24 million through the Black Friday and Cyber Monday holiday shopping weekend.
As well, shares of Lingo Media Corporation (TSXV:LM) fell 6% to $0.075 as the provider of digital and print-based English Language Learning solutions said its third-quarter revenue fell to $186,518 from $354,914 during the same period last year.
Perlite Canada inc. (TSXV:PCI), meanwhile, reported that it has reached an agreement with Company management to take the Company private at a price of $0.80 per share in cash, or a total consideration of approximately $6.392 million. Perlite Canada stock popped 32% to $0.79 following the announcement.
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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Namaste Technologies Inc. (TSXV:N), a Canadian cannabis stock, rose 12% to $1.39 on Friday after announcing record-breaking sales across its global online platforms, totaling more than C$1.24 million through the Black Friday and Cyber Monday holiday shopping weekend.
