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Micro-Caps on the Move; Chancery Resources Inc. (CCRY), Hemp Inc. (HEMP), Medical Marijuana Inc. (MJNA)

Shares of Chancery Resources Inc. (PINK: CCRY), a company engaged in extraction and sale of precious and base metals, are seeing a huge rally in trading today.

At last check, CCRY shares were trading 90.62% higher at $0.0122 on above average volume of 3.54 million. The stock hit an intra-day high of $0.02.

CCRY shares are soaring despite there being no recent news or development related to the company. The gains therefore could be due to some stock promotion activity.

Shares of Hemp Inc. (PINK: HEMP), a provider of services, products and information related to the medical marijuana industry, have risen sharply in trading today.

At last check, HEMP shares were trading 10% higher at $0.0330 on volume of 1.71 million. The stock has gained nearly 11% in the last three trading sessions.

HEMP recently updated its shareholders on benefits and rules relating to its spin-offs. The company said that as many of its divisions have developed extremely promising products that no longer match the direction of the company, the management decided to spin-off these divisions.

Shares of Medical Marijuana Inc. (PINK: MJNA), a company engaged in the medical marijuana and industrial hemp markets, are up sharply in trading today.

At last check, MJNA shares were trading 3.47% higher at $0.105 on volume of 1.01 million. The stock hit an intra-day high of $0.11 in trading today.

Last month, MJNA announced that its portfolio company, CanChew BioTechnologies Inc., shipped CanChew Gum Free sample.  Ted Caligiuri, President and CEO of Medical Marijuana, said last month that MJNA has been working toward the initial shipment of product for this free trial market survey for more than 6 months and this is a great milestone for the exciting CBD Gum product line.

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