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Datametrex AI Ltd. (TSX-V:DM)
Datametrex shares went up by 36.2% on Monday following announcement that its JV with Bitnine Global Inc. has started building its blockchain database. Last week, the company announced its proposed acquisition of Ronin Blockchain Corp., a blockchain platform focused on mining cryptocurrencies. The company is rapidly moving into the blockchain space, and this could be a stock that has high-growth potential thanks to this booming industry.
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Lithium X Energy Corp. (TSX-V:LIX)
Lithium X gained 16.9% following announcement that NextView New Energy Lion Hong Kong Ltd. has agreed to buy the company at $2.61 per share, a 22.5% premium over Friday’s closing price.
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The Hydropothecary Corp. (TSX-V:THCX)
The company was one of 11 stocks added to the Horizons Marijuana Life Sciences Index ETF on Monday. The Horizons ETF is the world’s first ETF that offers direct exposure to North American-listed securities that are involved with marijuana bioengineering and production. The company’s stock rose by 2.6% to $3.90 at market close.
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Cannabis Wheaton Income Corp. (TSX-V:CBW)
Cannabis Wheaton has added another streaming partner to its licensing program. Cannabis Wheaton would receive the equivalent of approximately 5.5 million grams of cannabis per year once the partner’s facility in Downtown Toronto is completed.
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ProMetic Life Sciences Inc. (TSX:PLI)
The company’s Plasminogen for the treatment of idiopathic pulmonary fibrosis was granted an orphan drug designation status today by the U.S. Food and Drug Administration. The designation provides the drug developer with a seven-year period of U.S. marketing exclusivity upon marketing approval for the designated indication, as well as other benefits such as with tax credits for clinical research costs and the ability to apply for annual grant funding. The company’s stock went up by 6.3% on Monday.
Featured Image: Depositphotos/ dedMazay
