Cannabis stocks continued to hit highs today, as stocks boosted on a host of news: new brand partners and numerous supply deals.
As the countdown to the legalization of recreational marijuana in Canada continues its countdown, investors were active Monday, with the majority of major cannabis stocks in the green.
Buds: Liberty Health, Ascent Industries up
Liberty Health Sciences Inc (CSE:LHS, OTCQX:LHSIF) shares soared today after it rolled into Florida’s vaporizer market. Shares were up 15.8% at C$1.17 in Toronto and up 16.4% at US$0.89 in New York.
The Toronto-based company announced it will be the first brand partner for PAX Labs’ PAX Era vaporizer, a temperature-controlled portable cannabis oil vaporizer.
Shares of Ascent Industries Corp (CSE:ASNT) jumped 10.7% at $C0.62 after it announced its wholly owned subsidiary, Agrima Botanicals, had struck a deal to supply the Ontario Cannabis Retail Corp, operating