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Today's Declining Marijuana Stocks - January 19th 2017

January 19, 2017

 

Looking across our universe of pot stocks today, a few names had a challenging time in today's session. 

 

However, its important to keep in mind that down sessions can represent the opportunity to get in stocks that you like at a better price.  

 

Below is a brief run-down of some marijuana stocks that declined in trading on Wednesday January 18th, 2017 (in alphabetical ticker order). 

 

Insys Therapeutics, Inc. (NASDAQ:INSY

 

Shares of Insys closed the days trading session at $10.18 per share on less than their 30-day average volume. Compared to INSY's previous close of $10.83 per share, this represents a 6.00% loss today. 

 

Kush Bottles, Inc. (OTC:KSHB)

 

Kush Bottles, Inc. today's trading session at $2.78 per share. Compared to KSHB's previous close of $2.90 per share, this represents a 4.14% loss today. 

 

Mentor Capital, Inc. (OTC:MNTR)

 

Shares of Mentor Capital closed the days' trading at $1.07 per share on significantly lower volume than their 30-day average trading volume. Compared to MNTR's previous close of $1.17 per share, this represents a 8.55% loss today.

 

NemusBioScience,Inc. (OTC:NMUS)


Shares of NemusBioScience closed today's trading at 0.3506

down 12.35% from yesterdays' close of $0.40. This decline in their share prices today happened on significantly lower than their 30-day average volume.

 

TerraTech Corp. (OTC:TRTC

 

Shares of TRTC closed today's trade at $0.312, down $0.007, on less than their 30-day average volume. Compared to TerraTech's previous close of $0.40, their stock declined 2.19% today.

 

Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE)

 

Zynerba shares closed the days' trading at $18.11 on slightly less than their 30-day average volume. Versus yesterday's close of $22.46, ZYNE shares ended the day down $4.35, or 19.37%

 

Conclusion

 

For more information and custom stock charts for any of the stocks mentioned above, be sure to check out their profiles in our cannabis-related stock database (also linked via tickers above). Also don't forget to connect with us on social media using the links to the right of the article.

 

If you aren't already subscribed, be sure to sign up for our completely free newsletter below! We are also coming out with some new premium cannabis stock newsletters soon.

 

 

Disclaimer


Investing in nanocap, microcap, and small cap stocks is highly speculative. The publishers of DailyMarijuanaObserver.com are not registered as Investment Advisors or Broker-Dealers in any jurisdiction whatsoever. The information contained on DailyMarijuanaObserver.com (“this site”) has been prepared solely for informational purposes. Nothing on the site is an offer or solicitation to buy or sell securities. Investors should seek financial advice regarding the appropriateness of investing in any securities mentioned from their financial advisor.

 

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Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.