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Today's Marijuana Stock Laggards - February 7th, 2017

February 7, 2017

Looking across our universe of marijuana stocks today, there were a handful of cannabis stocks that lagged in today's market session.

 

As we often remind readers, losing sessions can provide investors with the opportunity to get in a name they like at a potentially better price. 

 

Here is a quick analysis of some marijuana stocks that sold off Tuesday, February 7th 

2017 (in alphabetical order by symbol).

 

Acology, Inc. (OTC:ACOL)

 

Acology, Inc. shares reversed yesterday's gains, closing today's session at $0.02335 down 22.17%. Trading volume in ACOL today was almost two times their 30-day average volume of 27.8 million shares.

 

Freedom Leaf, Inc. (OTC:FRLF)

 

Shares of FRLF closed Tuesday's trading at $0.0789 per share on volume well above their 30-day average volume! Compared to Freedom Leaf's previous close of $0.105

per share, this represents a 24.86% decline on the day. 

 

Nhale, Inc. (OTC:NHLE)

 

Shares of Nhale Inc. finished today's trading session at $0.106 from their previous close of $0.12,  down 11.67%. With 502,000 shares traded on the OTC markets today, the trading volume in NHLE today was significantly higher than their 30-day average volume. 

 

OWC Pharmaceutical Research Corp. (OTC:OWCP)

 

Shares of OWCP closed today's trading at $0.61 per share on less volume than their 

30-day average. Compared to OWC Pharmaceutical's previous close of $0.669 per share, this represents a huge 8.82% loss today.

 

Singlepoint, Inc. (OTC:SING


Shares of Singlepoint, Inc.closed today's trading at $0.046, down 13.20% from the previous day's close of $0.053. This downward move happened on higher 

volume than their 30-day average trading volume of 8.7 million shares. 

 

Conclusion

 

To learn more about any of the stocks mentioned, check out their profile using the links above. Also, stay up to date with all of the Daily Marijuana Observer's updates by following us on social media and subscribing to our email newsletter found 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/.