The Toronto Stock Exchange released the top 50 companies in its listing on a specific breakdown of 5 major sectors of the market. We take a look at the top 10 companies in the Clean Technology and Life Sciences section.
This year’s list features four medical cannabis companies all over Canada, one more compared to last year. Meanwhile, six companies in the technology side complete the list. Here’s a quick look at the companies in the top 10 for clean tech and life science.
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dynaCERT Inc. (TSXV: DYA)
dynaCERT specializes in the reduction of carbon emission and creating technology that is valued for their environmental and economic impact.
Over a one-year period, dynaCERT share price has gone up 475 percent. Recently the company announced it had reach 276 purchase orders for HydraGen, a unit that produces hydrogen and oxygen on demand and is designed for on-road applications, over $1.8 million with 25 percent cash deposits.
Aphria Inc. (TSXV: APH)
Aphria is a producer and supplier of medical cannabis in Ontario. Over a one-year period, the company’s share price has gone up 457.14 percent.
The company recently sold 11,500,000 common shares at a $5 per share to a group led by Clarus Securities and included Cormark Securities, Canaccord Genuity, Haywood Securities and PI Financial. The total gross proceeded ended up totaling $57,500,000.
Emerald Health Therapeutics Inc. (TSXV: EMH)
Emerald Health Therapeutics is a company focused on cultivating and selling medical cannabis through the Marihuana for Medical Purposes Regulations (MMPR). They sell cannabis-based oils and dried cannabis.
Over a one-year period, the Emerald Health Therapeutics share price has gone up by 645.45 percent. Emerald Health recently closed its public offering, which resulted in a total of $13,817,250 gross total.
OrganiGram Holdings Inc. (TSXV: OGI)
OrganiGram Holdings is a company growing medical cannabis organically. Over a one-year period, the company’s share price has gone up by 174.36 percent.
The company currently finds itself facing a proposed class-action lawsuit filed by a Halifax-based firm representing Organigram clients who claim they purchased and consumed their product and found it to contain trace elements of pesticides.
Mettrum Health Corp. (TSXV: MT)
Mettrum is a licensed producer of medical cannabis, with continued research and production of its product. Over a one-year period, their share price has gone up by 332.52 percent.
Recently the company was acquired by Canopy Growth, it operates various brands in marijuana-related companies. This acquisition means Mettrum shares will no longer be listed.
Ceapro Inc. (TSXV: CZO)
Ceapro is a biotechnology company that provides “green” ingredients to manufacturers of personal care products, nutraceuticals, and developers of therapeutics.
Over a one-year period, the company‘s share price has gone up 204 percent. Last year they were named Company of the Year by Bio Alberta, a member association promoting the life science industry in the province.
Pioneering Technology Corp. (TSXV: PTE)
Pioneering Technology develops new technologies to help protect people from cooking fires. Over a one-year period, the company’s share price has gone down by 6.35 percent.
Recently they announced a sales agreement with Echelon Wealth Partners with a gross total for $6,000,000.
EEStor Corporation (TSXV: ESU)
EEStor is a provider of electrical energy. They reported a total loss of $1,407,555 in Canadian dollars for the first quarter of 2017.
Over a one-year period, the company’s share price went up by 267.74.
Wavefront Technology Solutions Inc. (TSXV: WEE)
Wavefront designs solutions for oil well stimulation, secondary oil recovery, and environmental groundwater remediation. Over a one-year period, the company’s shares went up by 139.13 percent.
Powerwave, the main technology of the company recently proved successful in an acid stimulation by one of Wavefront’s Middle Eastern client. With a cost-saving result of 30 percent related to chemical costs.
Nano One Materials Corp. (TSXV: NNO)
Nano One is a technology company producing high-performance battery materials used for electric vehicles, energy storage, and consumer electronics. Over a one-year period, the company’s share price has gone up by 102.63 percent.
Recently they announced a new enhancement to their processing technology, which resulted in an intellectual property filed provisionally with the U.S. Patent Office.
“The “Trump Bump” is causing biotech stocks are going up, up and up.”
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