Hemp stock price closed at $2.36 today in moderate trading, with market participants awaiting next week’s economic data which may influence sector-wide funding flows. You can see the complete list of today’s Zacks #1 Rank stocks here . The largest medical cannabis company on the ASX is Botanix Pharmaceuticals. Based in Perth, Western Australia, this biopharmaceutical firm specialises in cannabinoid-based dermatological therapies. According to the company, its exclusive Permetrex technology helps its products permeate the skin, and treat skin conditions from below the surface. Hemp stock price performance has outpaced the broader cannabis index by 1.8% year-to-date, fueled by niche product differentiation and an uptick in wellness industry collaborations.