Corbus Pharmaceuticals Holdings Inc. (NASDAQ:CRBP) and
Zynerba Pharmaceuticals Inc. (NASDAQ:ZYNE), both posting gains of more than 40% this week.
Sundial Growers Inc (NASDAQ:SNDL) had a roller coaster week. The stock received attention from Reddit investor group r/WallStreetBets, which has over 8 million members. Sundial shares closed nearly 48.5% higher on Monday, dipped Tuesday, but spiked 16% on Wednesday. Gains for the week ultimately surpassed 38%.
As of Jan. 14, 35.79% of the float was short, and the group is known to target buying shares of companies such as
GameStop Corp (NYSE:GME) and
AMC Entertainment Holdings Inc (NYSE:AMC), which are heavily shorted as well.
Cannabis company Gaby Inc. (CSE: GABY) (OTCQB: GABLF) has raised CA$12.5 million ($9.74 million) in financing, which it plans to put toward completing an acquisition.
The Sonoma County, California-based company completed two private placements: a brokered private placement of the company. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
Cannabis company Gaby Inc. (CSE:GABY) (OTCQB:GABLF) has raised CA$12.5 million ($9.74 million) in financing, which it plans to put toward completing an acquisition.
The Sonoma County, California-based company completed two private placements: a brokered private placement of the company’s subscription receipts, led by Mackie Research Capital Corporation, and a non-brokered private placement of the company’s units.
GABY plans to use the proceeds to support its merger with
Miramar Professional Services,
standard corporate practices. The closing of our Private Placement and the completion of the audit takes us a significant step closer to our expansion into the cannabis retail channel, Gaby founder and CEO Margot Micallef said.
Benzinga - Thu, 03 Dec 2020 13:34:59 -0400
Gaby Inc is a U.S. focused, consumer packaged goods company operating a family of brands in the cannabis industry and in the mainstream grocery channel. It offers diverse range of products that use cannabis, hemp and hemp derived cannabinoids to address a variety of dietary and health concerns.
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