Why the MMJ Phytotech Ltd Share Price Rocketed Higher Today

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Why the MMJ Phytotech Ltd Share Price Rocketed Higher Today

Flickr / Horia Varlan / (CC BY 2.0)

The MMJ Phytotech Ltd (ASX: MMJ) share price has been a big mover in morning trade following the release of a positive announcement.

At the time of writing the pot stock has climbed higher by 7.5% to 42 cents.

What happened?

This morning MMJ Phytotech announced that its Australian distribution partner HL Pharma has successfully imported its first shipment of medicinal products from its Swiss-subsidiary, Satipharm AG.

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