Tweed Marijuana (V.TWD) leads Venture on volume, jumps 37.8%

Stockhouse Editorial
3 Comments| April 7, 2014


A host of investors appear to have given new Canadian medical marijuana player Tweed Marijuana (TSX:V.TWD, Stock Forum) a sidestep on opening day of its Venture listing, which caused a substantial dip Friday.

But a new week has seen those same investors jump into sweeter waters and there doesn’t seem to be any shortage of new players.

Tweed jumped 37.8% by noon trading, to $3.57, on 5m volume, and the price has been steadily increasing all day, leaving the company with a $126 million market cap on 35.1 million shares outstanding.


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RiskAndReward
400 mil market cap wouldn't be unreasonable
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April 8, 2014
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jerrio78
TWD is a good trader no doubt, but they have not really done anything yet, the market is a bit excited and I dont blame them, pot is hot, AFI only a tiny micro cap, yet if it gets a green light to produce and hits the US exchange then what?
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April 8, 2014
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CrashCab
Tweed will not be the only kid on the block...for long. V.WER currently in advanced negotiations with a licensed priv.co grow-op. Retired RCMP officer/expert in the field working closely with them. My money is on these guys! All the ducks lining up nicely.
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April 13, 2014
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