A giant retail announcement increased investors’ appetite for a Canadian hemp stock Thursday.
EastWest Bioscience, a Canadian hemp stock, climbed 19% to $0.16 on Thursday after announcing that it is processing purchasing orders for its hemp-based consumer goods through global retailer The TJX Companies (NYSE:TJX), Inc.
As well, shares of GT Gold Corp. (V:GTT) slipped 8% to $0.60 as the junior explorer released assay results for four additional holes from its wholly-owned Tatogga property in British Columbia’s Golden Triangle, which included 117 metres of 0.83 g/t gold, 0.52% copper, and 1.39 g/t silver.
Carmanah Technologies Corporation (TO:CMH), meanwhile, reported that it has agreed to sell a “significant” portion of its assets to SPX Corporation for US$77.0 million. Carmanah Technologies stock popped 74% to $5.92 following the announcement.
Finally, Relevium Technologies Inc. (V:RLV) shares rose 14% to $0.12 after the health and wellness company announced that it has launched its Leefylyfe brand of organically sourced full spectrum hemp CBD products on a pre-order basis in the UK.