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.
