Shares of Arcadia Biosciences, Inc. (RKDA) rocketed 67% in to $9.04, after the agricultural food ingredient company announced a new business unit focused on the cannabis. Volume ballooned to 765,000 shares, already nearly 5-times the full-day average. The company said it will apply its expertise in breeding to improve the quality and nutritional content of wheat and soybeans, for the standardization of cannabis plant content, quality, climate resiliency and yield. The company said it will conduct its business only in federal and state markets in which its cannabis activities are legal. “Within the rapidly growing legal cannabis industry, we see enormous opportunity in–and demand for–improved plant quality, productivity, consistency and resilience,” said Chief Executive Raj Ketkar.
Why Investors Are Calling ASDN the RKDA of the Sky!
Sequential Brands Group, Inc. (SQBG) soared 30% to $1.56 the company said that Canopy Growth Corporation (CGC) and Sequential Brands Group, Inc. (SQBG) announced today that Martha Stewart has joined the Company in an advisory role to assist with developing and positioning a broad new line of product offerings across multiple categories.
Wow the future of Autonomous flight is finally here with the launch of ASDN passenger drone Elroy
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