Premarket Action Heating Up For This Pharma Stock

Premarket Action Heating Up For This Pharma Stock

By: Tomas Ronolski - News

Thursday, May 25, 2023

A Florida-based pharmaceutical company is already turning heads on Thursday after it was announced that the company closed a $3.5 million private placement.

Traders rushed to pick up shares of Bright Green Corporation (Nasdaq:BGXX) as shares traded up to $0.8306/share (+6.08%) so far in premarket action. This could be an exciting session for this small cap!

Bright Green Corp is a provider of cannabis, cannabis-related products, and other legal medicinal plant-based therapies, manufactured for research and pharmaceutical applications, as well as being an active ingredient in consumer-based solutions. The company plans to focus on the development of cannabis strains and sales of products with high contents of CBN (cannabinol) and CBG (cannabigerol)

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