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Today's Marijuana Stock Losers - March 1st, 2017

March 1, 2017

Scanning across our database of cannabis-related stocks today, there were a handful of companies that had a rough time in today's trading session. 

 

Don't jump to pessimistic conclusions immediately. As we often remind readers, think of down days as a potential opportunity to establish a position in stocks you like at better prices. 

 

Here is a quick run-down of some marijuana stocks that declined in trading on Wednesday, March 1st, 2017 (in alphabetical order by ticker symbol). 

 

American Cannabis Company Inc. (OTC:AMMJ)

 

As of the close of trading on March 1st, shares of American Cannabis Company were down 5.42% at $0.7188. Today's volume in AMMJ of 857,000 shares was slightly higher than their 30-day average trading volume. 

 

Cannabis Science, Inc. (OTC:CBIS)

 

In today's trading shares of CBIS fell 11.14% from their previous close of $0.09 to finish the day at $0.08. Volume in shares of Cannabis Science today was higher than their 30-day average trading volume of around 70 million shares. 

 

Grow Solutions Holdings, Inc. (OTC:GRSO)

 

Grow Solutions Holdings' finished today's trading session at $0.1182, down 21.37% from their previous close of $0.1399. Volume today was sightly higher than their 30-day average volume of 156,000 shares. 

 

MJ Holdings, Inc. (OTC:MJNE)

 

Shares of MJNE lost 15.14% in today's trading session, finishing the day at $0.84. Today's trading volume in MJ Holdings' was significantly lower than their 30-day average volume. 

 

Vodis Pharmaceuticals, Inc. (CSE:VP)(OTC:VDQSF)(FRA:1JV1)

 

As of the European close earlier, shares of Vodis Pharmaceuticals in Frankfurt were trading at €0.38, down 2.34% on the day. In Canada, Vodis shares finished the day at CAD$0.51, down 3.77%. Their OTC market symbol was under the most pressure today, closing down 11.42% at $0.38. Volume in VDQSF today was greater than their 30-day average volume. 

 

Conclusion

 

For more information and custom stock charts for any of the stocks mentioned above, be sure to check out their profiles in our marijuana stocks database (also linked via tickers above). Also don't forget to connect with us on social media using the links below. 

 

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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/.