Nutraceutical Stock Moves Higher on Cannabis Announcement

NeutriSci International Inc. (TSXV:NU), a nutraceutical stock, got a lift after announcing a MOU to develop and distribute THC and CBD infused sublingual tablets

Sean Mason | May 30, 2018 | SmallCapPower

Appetizing cannabis news sparked a bit of speculation in a nutraceutical stock Wednesday. Here’s some small stocks making big moves on Wednesday, May 30, 2018 (as of 4 pm EST):

NeutriSci International Inc. (TSXV:NU), a nutraceutical stock, climbed 44% to $0.13 on Wednesday after announcing that it has entered into a binding Memorandum of Understanding with Nutritional High International Inc. (CSE:EAT) to develop, manufacture and distribute THC and CBD infused sublingual tablets utilizing NeutriSci’s technology, proprietary ingredients and formulations.

Win Big With Our Small Cap Picks

 

As well, shares of VersaPay Corporation (TSXV:VPY) slid 15% to $2.25 as the financial technology company said its total operating expense for the first quarter of 2018 increased by 60% to $3.44 million.

Theralase Technologies Inc. (TSXV:TLT), meanwhile, reported that it has successfully completed its Phase Ib non-muscle invasive bladder cancer clinical study. Theralase Technologies stock popped 24% to $0.385 following the announcement.

Finally, Fintech Select Ltd. (TSXV:FTEC) shares gained as much as 17% before ending unchanged at $0.115 after the provider of pre-paid card programs, mobile banking solutions and cryptocurrency technologies announced that it has recorded a net profit of $986,000 during its first quarter of 2018.

To find out more about Fintech Select Ltd. (TSXV: FTEC), please visit the company’s Investor Hub.

Hear directly from Investor Relations at Fintech Select Ltd. (TSXV:FTEC)
Sign up for our FREE daily investment newsletter

We will never share your data with a third-party without your consent.

Ubika Research/SmallCapPower has received compensation from Fintech Select Ltd. to provide analyst research coverage. For full disclosure please visit here >>

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: