Canadian Marijuana Stock Climbs On Australia Expansion
Sean Mason, SmallCapPower.com | Feb 08, 2018 11:45
A move Down Under gave a big lift to a Canadian marijuana stock Monday. Here’s some small stocks making big moves on Monday, February 5, 2018 (as of 4 pm EST):
As well, shares of NextSource Materials Inc (TO:NEXT) fell 13% to $0.13 as the graphite project developer said Oliver Peters will commission the company’s Molo graphite mine in Madagascar and act as the company’s principal process engineering consultant for Phase 1 of the Molo mine.
Agility Health Inc (V:AHI), meanwhile, reported that it has signed a definitive agreement to sell 100% of its U.S.-based assets to Alliance Physical Therapy Management, LLC for US$45 million. Agility Health stock popped as much as 54% before dropping 23% to $0.05 following the announcement.
Finally, Tetra Bio Pharma Inc (V:TBP) shares rose 7% to $1.09 after the provider of cannabinoid-based drug development and discovery announced that it has received a no-objection letter from the Therapeutic Products Directorate Health Canada to its clinical trial application for the company’s PPP001 prescription smokable dried cannabis product.
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