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Friday's Biggest Marijuana Stock Losers

March 24, 2017

 

It's been a choppy week for marijuana stocks, and now we can let the dust settle to see which companies are up and which ones are down. Looking across our universe of cannabis companies, it seems like there were a handful that fared worse than others. In alphabetical ticker order, the 3 biggest marijuana stock losers in trading on Friday, March 24th, 2017 are as follows:

 

 

 

Americann Inc.

 

In trading today, shares of Americann Inc. (OTC:ACAN) were down over 16% without any recent news. From the looks of it, technical traders seem to have punished the company after shares broke below the $4.00 mark. For custom charts and recent news regarding Americann, be sure to check out the company's marijuana stock profile linked above. 

 

CLS Holdings USA, Inc.

 

In the trading day today, shares of CLS Holdings USA (OTC:CLSH) were down nearly 35% without any recent news. For custom charts and recent news regarding CLS Holdings, be sure to check out the company's marijuana stock profile linked above.

 

Laguna Blends Inc.

 

Following today's trading, shares of Laguna Blends Inc. (OTC:LAGBF) (FRA:LB6A) were down nearly 6%. This move comes just 2 days after they announced plans to "acquire a leading global cannabis firm." We're working on creating a marijuana stock profile for Laguna Blends, so be sure to subscribe to our free newsletter so you are updated when it becomes available. 

 

Conclusion

 

If you see a marijuana company here that grabs your attention, find out more by checking out their stock profile in our marijuana stock database via the linked ticker symbols. 

 

Also, keep up with cannabis stock and industry updates from the Daily Marijuana Observer by following us on social media and by subscribing to our email newsletter found below. 

 

Now check out today's biggest marijuana stock gainers.

 

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/.