With intraday fluctuations of up to 80% – yes, 80% – the Canadian
marijuana stocks on our list create significant day-trading opportunities for those so inclined.
By SmallCapPower.com
Circuit breaks are tripped when a stock climbs or falls at least 10% in a five-minute period and the following 5 stocks did more than that going on a wild ride this past Wednesday, causing more than one trading halt in their stock in a single day! I you’re a trader these stocks could be good for you.
1. Canopy Growth Corp. (TSE:CGC) – $11.40
Pharmaceuticals
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a diversified cannabis company. The Company, through its subsidiaries Tweed Inc. (Tweed), Bedrocan Canada Inc. (Bedrocan) and Tweed Farms Inc. (Tweed Farms), is engaged in the business of producing and selling legal marijuana in the Canadian medical market. It is also focusing on producing and selling marijuana in the recreational market in Canada. Its core brands are Tweed and Bedrocan. Tweed’s commercial license covers approximately 168,000 square feet of its Smiths Falls facility and allows Tweed to produce and sell approximately 3,540 kilograms of medical marijuana per year.
2. Aphria Inc. (CVE:APH) – $5.77
Pharmaceuticals
Aphria Inc., formerly Black Sparrow Capital Corp., is a Canada-based company, which is engaged in producing and selling medical marijuana through retail sales and wholesale channels. The Company’s retail sales are primarily sold through the Company’s online store, as well as telephone orders. Its wholesale shipments are sold to other Medical Purposes Regulations (MMPR) Licensed Producers. It offers medical cannabis of various strains, including Kusawa, Tamaracouta, Panache, Churchill and Iroquois.
