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Buzz on the Bullboards: Cannabis stocks still dominate Top 10


Stockhouse Editorial
0 Comments| December 18, 2017

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Cannabis continues to dominate discussion on the Stockhouse Bullboards. Over the last couple of months, a few popular stocks made repeat appearances on the Top 10. Today, a company that had been in the top three since mid-November, Isodiol International Inc. (CSE: ISOL, OTCQB: ISOLF, Forum), takes the top spot.

Marijuana isn’t the only thing people are talking about. The second spot on the list goes to Canadian mineral exploration company Northern Dynasty Minerals Ltd. (TSX:NDM, NYSE American: NAK, Forum). Its framework agreement with First Quantum Minerals Ltd. made news today. The option agreement sees a payment of $150 million (U.S.) staged over four years. First Quantum would acquire the right to earn a 50% interest in the Pebble Limited Partnership mine project for $1.35 billion (U.S.). NDM has been trying to make its Alaskan project a reality for years, could this come to fruition? The share price was hammered today after the announcement, down 12.50% trading at $2.45 a share. Opinion on the deal is split on the Bullboards. Feel free to join the conversation.

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ProMetic Life Sciences Inc. (TSX: PLI, OTCQB: PFSCF, Forum) been a long-time favorite at Stockhouse, and is once again back in the Top 10 today.

Regular visitors to the Bullboards have seen Aurora Cannabis Inc. (TSX: ACB, OTCQB: ACBFF, Forum) in the news for various reasons. Same goes for Vaporizer and accessories manufacturer Namaste Technologies (CSE: N, OTCQB: NXTTF, Forum).

Large-cap cannabis favourite Canopy Growth Corp. (TSX: WEED, OTCQB: TWMJF, Forum) made headlines today for signing a joint-venture deal with a large-scale organic tomato greenhouse operator in Quebec. Canopy Growth will lease the greenhouse, and retrofit it to be ready for cannabis production by April 2018.

Friday Night Inc. (CSE: TGIF, OTCQB: ISOLF, Forum) takes the seventh spot. After making waves in Nevada’s cannabis market, TGIF announced last week that their products are now being sold in California dispensaries.

Investors are taking a closer look at Matica Enterprises Inc. (CSE: MMJ, OTCQB: MQPXF, Forum). The emerging medical marijuana producer makes its first appearance in the Top 10 today in the eighth spot.

Supreme Pharmaceuticals Inc. (TSX V.FIRE, Forum) CEO & Director, John Fowler made an announcement today that the company plans to produce premium “California-Style” cannabis products. This will come from an indoor cultivation facility on recently-purchased land, subject to licensing by Health Canada. Estimated production will be 10,000 kilograms per year.

Finishing off the Top 10 is newcomer The Hydropothecary Corp. (TSX V.THCX, HYYDF, Forum). They’re a licensed producer and distributor of medical marijuana under Health Canada’s ACMPR framework. The Company’s stock was just added to Horizons Marijuana Life Sciences Index ETF portfolio, which will increase their exposure across North America. This time last month, shares were trading around $2.80, but as of today they are up to $3.90.

FULL DISCLOSURE: Isodiol International Inc., Matica Enterprises,the Hydropothecary Corp, and Friday Night Inc., are paid clients of Stockhouse Publishing.



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