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.