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Canadian Cannabis Stock Jumps on License Award: Pure Global Cannabis (TSXV:PURE) & More..

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Pure Global Cannabis Inc. (TSXV:PURE), a Canadian cannabis stock, moved sharply higher after announcing that Health Canada has issued its subsidiary a sales license

Sean Mason | January 14, 2019 | SmallCapPower

A sales license award gave a big lift to a Canadian cannabis stock Monday. Here’s some small stocks making big moves on Monday, January 14, 2019 (as of 4 pm EST):

Pure Global Cannabis Inc. (TSXV:PURE), a Canadian cannabis stock, surged 51% to $0.295 on Monday after announcing that Health Canada has issued its PureSinse subsidiary a Sales License under the Cannabis Act.

Watch this video interview of Pure Global Cannabis Inc. CEO Mel Panchal. Click Here.

For Our Complete Coverage Of Canadian Marijuana Stocks Click Here   

As well, shares of Lithoquest Diamonds Inc. (TSXV:LDI) plunged 51% to $0.105 as the diamonds explorer said it failed to recover any diamonds from the 1804 kimberlite discovered on its 100% owned North Kimberley Diamond Project in Western Australia.

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GGX Gold Corp. (TSXV:GGX), meanwhile, reported drill core analytical results for drill holes COD18-65 to COD18-67 completed during the November 2018 diamond drilling program at its Gold Drop Property in British Columbia, which included 129 g/t gold and 1,154 g/t silver over a 7.28 meter core length. GGX Gold stock popped 38% to $0.11 following the announcement.

Finally, Spot Coffee (Canada) Ltd. (TSXV:SPP) shares rose as much as 8% after the provider of community-oriented cafés and express cafés announced that 2018 gross sales revenue of Spot’s corporate-owned cafés, and its franchise and license Full and Express cafés, reached a total of $17,138,069. The Company added that it anticipates reaching a combined profitable annual gross sales revenue that will exceed $30 million by year end 2020.

SPoT Coffee Ltd. (TSXV:SPP) is a featured sponsored company and has paid SmallCapPower.com a fee for coverage. To learn more, see our full disclosure HERE >>

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

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

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