A strategic investment from a cannabis company boosted the prospects of a marketing technology stock Wednesday. Here’s some small stocks making big moves on Wednesday, March 21 as of 4 p.m. EST:
Snipp Interactive Inc. (V:SPN), a marketing technology stock, jumped 20% to $0.15 on Wednesday after announcing that it has received a strategic investment from WeedMD Inc. (V:WMD). WeedMD will use Snipp as its technology vendor of record to design and deploy custom marketing solutions for direct sales, retail sales, referral/sourcing programs, distributor programs and other initiatives.
As well, shares of Centric Health Corporation (TO:CHH) slipped 9% to $0.395 as the health-care services company said its fourth-quarter adjusted EBITDA from continuing operations declined 7% to $4.1 million.
Parlane Resource Corp (V:PPP) stock, meanwhile, powered 61% higher to $0.25 following a more than two-month trading halt after reporting that it has entered into a binding letter agreement whereby it will engage a third party to host cryptocurrency mining activities on its behalf.