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Today's Marijuana Stock Laggards - February 13th, 2017

February 13, 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 Monday, February 13th 

2017 (in alphabetical order by symbol).

 

AXIM Biotechnologies, Inc. (OTC:AXIM)

 

AXIM Biotechnologies, Inc. shares finished out today's session at $11.677, down 5.53%. Trading volume in AXIM today was around 64,000 shares, lower volume than their 30-day average volume of 144,000 shares.  

 

GreenGro Technologies, Inc. (OTC:GRNH)

 

Shares of GRNH closed Monday's trading at $0.09 per share on volume three times their 30-day average volume! Compared to GreenGro's previous close of $0.097485 per share, this represents a 7.68% decline on the day. 

 

Mentor Capital, Inc. (OTC:MNTR)

 

Shares of Mentor Capital Inc. finished today's trading session at $1.80, down 10.10% from their previous close of $1.98. With 1.3 million shares traded on the OTC markets today, the trading volume in MNTR today was over five times their 30-day average volume. 

 

Mountain High Acquisitions Corp. (OTC:MYHI)

 

Shares of MYHI closed today's trading at $0.38 per share on less volume than their 

30-day average. Compared to Mountain High Acquisitions' previous close of $0.44 per share, this represents a huge 13.64% loss today.

 

Praetorian Property, Inc. (OTC:PRRE


Shares of Praetorian Property Inc.closed today's trading at $1.55, down 6.06%

from the previous day's close of $1.65. This downward move happened on lower

volume than their 30-day average trading volume of around 140,000 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/.