Shares of InMed Pharmaceuticals Inc. (NASDAQ: INM) rose sharply on Monday morning, climbing by 73.96% to $19.17. So far today, approximately 20.65M shares have been exchanged, as compared to an average 30-day volume of 1.21M shares.
InMed Pharmaceuticals is a global leader in the development, manufacture and commercialization of rare cannabinoids for pharmaceutical and consumer health and wellness applications. InMed is a clinical stage company developing a pipeline of cannabinoid-based pharmaceutical drug candidates, as well as manufacturing technologies for pharmaceutical-grade rare cannabinoids.
Inmed Pharmaceuticals’ shares have moved between a 52-week high of $59.25 and a 52-week low of $5.83.
To learn more about Inmed Pharmaceuticals inc., visit the company’s website at https://www.inmedpharma.com.
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