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Today's Declining Marijuana Stocks - January 24th 2017

January 24, 2017

In today's trading session some of the stocks that we cover had a tough time - posting losses on the day. 

 

As we typically remind readers, look to down days as potential sources of opportunity to "buy low" in names you wish to invest in or positions you want to add to. 

 

Here is a run-down of a few marijuana stocks that declined in trading on Tuesday January 24th, 2017 (in alphabetical ticker order).

 

Blue Line Protection Group, Inc. (OTC:BLPG) 

 

Shares of Blue Line Protection Group closed the day trading at $0.0431 per share on over 4x their 30-day average trading volume! Compared to BLPG's previous close of $0.046 per share, this represents a 6.30% loss today. 

 

Cannabis Science, Inc. (OTC:CBIS)

 

Shares of Cannabis Science closed today's trading at $0.0815 per share on more than 3x their 30-day average volume. Compared to CBIS' previous close of $0.104 per share, this represents a 21.63% loss today.

 

Canabo Medical, Inc. (TSX.V:CMM)(OTC:CAMDF)(FRA:ARAH)

 

Shares of CMM in Toronto closed the day's trading at CAD$0.78 per share on greater volume than their average. Compared to Canabo Medical's previous close of $0.82 per share, this represents a 4.88% loss today. Their OTC listing in the states fared worse losing 8.16% to finish the day at $0.5952 while their Frankfurt listing ended the European session at €0.540, down 5.10%

 

Eco Science Solutions, Inc. (OTC:ESSI)


Shares of Eco Science Solutions closed today's trading at $3.20, down 19.80% from the previous day's close of $3.99. The days' move happened greater volume than ESSI's 30-day average.

 

Medical Marijuana, Inc. (OTC:MJNA)

 

Shares of MJNA closed today's trading at $0.15243, on around their 30-day average trading volume. Compared to Medical Marijuana Inc.'s previous close of $0.163 per share, this represents a 7.36% loss on the day.

 

Conclusion

 

For more information and custom stock charts for any of the stocks mentioned, be sure to check out their profiles in our marijuana stocks database (also linked via symbols above). Also don't forget to connect with us on social media using the links to the right of the article. If you haven't subscribed yet, be sure to sign up for our totally free newsletter below! 

 

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/.