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.
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