Shares of Force Energy Corp. (PINK: FORC), a development stage company, skyrocketed in trading today. The stock rose to an intra-day high of $0.02 today before finishing the day 400% higher at $0.0150 on above average volume of 59.99 million.
According to a filing made by FORC this week, the company has not generated any revenue to date. The company said in the filing that it does not expect to generate revenue until such time as it is able to locate oil and gas potential on its well or exploit minerals on its mineral claim.
Shares of Medical Marijuana Inc. (PINK: MJNA), a company engaged in the medical marijuana and industrial hemp markets, rallied in trading today.
MJNA shares ended the day 8.44% higher at $0.320 on volume of 5.75 million. Despite the gains today, the stock fell more than 1% in the last three trading sessions.
MJNA shares rose sharply after the company on Wednesday provided a comprehensive update to its shareholders on the state of the medical cannabis and hemp industry.
Shares of Growlife Inc. (OTC: PHOT), a manufacturer and marketer of horticulture and lifestyle products in the U.S. and internationally, rose sharply in trading today.
PHOT shares ended the day 7.04% higher at $0.0745 on volume of 7.16 million. The stock hit an intra-day high of $0.08 earlier today. PHOT shares have gained more than 8% in the last three trading sessions.
PHOT shares rallied in trading today after the company updated its plans to go live this summer with its ultra-premium www.cannabis.org web address.