The cannabis sector thrived Tuesday along with the broader US market.
The North American Marijuana Index, which tracks top cannabis stocks, grew 1% to 303.6.
Delivra shareholders will get about 0.5 share of Harvest One for each Delivra share. Vancouver-based Harvest One acquired Delivra’s LivRelief brand, which boosts the company’s standing in advance of the legalization of infused cannabis products this fall in Canada.
Shares of Harvest One jumped more than 13% to C$1.12 in Toronto and climbed nearly 12% to US$0.83 on the OTC Markets. Delivera gained 9.1% to C$0.60 in Canada and was up 11% to US$0.45.
ICC International Cannabis Corp (OTCMKTS:WLDCF) (CSE:WRLD) announced Tuesday signing a licensing agreement with Authentic Brands Group to market and distribute cannabidiol health and wellness products in Europe. Vancouver-based ICC is licensing brands named after Marilyn Monroe, Elvis Presley and Frederick's of Hollywood.
The stock of ICC was up 1.5% to C$0.34 on the CSE and climbed 1.6% to US$0.34 on OTC Markets.
Empower Clinics Inc (OTCMKTS:EPWCF) (CSE:EPW) announced Tuesday that the artificial intelligence tools supplied by Canntop AI as part of its pilot program was helping the medical cannabis company create “actionable insights” to improve patient care.
Vancouver-based Empower said Canntop AI provided crucial search engine optimization (SEO) terms and phrases that Canntop integrated into the artificial intelligence platform so Empower could get more insights about Portland, Oregon, and Phoenix, its two largest markets.
The share price of Empower spiked 11% to C$0.15 on the CSE.
GrowGeneration Corp (OTCMKTSGRWG) fell nearly 5% to $3.06.
Origin House (OTCQX:ORHOF) (CSE:OH) slipped 0.5% to C$10.13 in Canada and was down 3% to $7.56 on the OTC Markets.
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