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Thursday's Biggest Marijuana Stock Losers

April 13, 2017

 


In the last day of trading in this holiday shortened week, the cannabis sector broadly (especially the Canadian names) came under pressure after the Canadian government tabled legislation for the recreational legalization of cannabis. Although this is exciting news, the announcement left more to be desired in the eyes of the market, causing many cannabis stocks to sell off. In alphabetical order by OTC Markets ticker symbol, 5 of the biggest marijuana stock losers in trading on Thursday, April 13th, 2017 are as follows:

 

A friendly reminder, the majority of global equity markets (including those in the United States, Canada, Germany and Australia will be closed tomorrow, April 14th in observance of Good Friday.  See you Monday for more marijuana stock losers!

 Aphria Inc.

 

Aphria Inc. (TSX:APH)(OTC:APHQF)(FRA:10E) shares closed Thursday's trading down more than 8%. This morning, Aphria reported their financial results for their fiscal third quarter. Find custom charts and news regarding Aphria by visiting the company's marijuana stock profile linked above. 

 

Abattis Bioceuticals Corp. 

 

In trading today, shares of Abattis Bioceuticals (CSE:ATT)(OTC:ATTBF) finished down more than 15% without any recent news. Find custom charts and news regarding Abattis Bioceuticals by visiting the company's marijuana stock profile linked above. 

 

Kush Bottles Inc.

 

Kush Bottles, Inc. (OTC:KSHB) shares gave back some of yesterday's gains in today's trading session, falling roughly 3%. On Wednesday, Kush Bottles announced financial results for its second fiscal quarter. Find a custom chart and more recent news from Kush Bottles by visiting the company's marijuana stock profile linked above. 

 

Maple Leaf Green World, Inc. 

 

In the trading day today, shares of Maple Leaf Green World (TSXV:MGW)(OTC:MGWFF)(FRA:4HV) closed down more than 4% without any recent company-specific news. For custom charts and news regarding Maple Leaf Green World, be sure to check out the company's marijuana stock profile linked above.

 

OWC Pharmaceutical Research Corp. 

 

OWC Pharmaceutical Research (OTC:OWCPclosed today's trading down roughly 18% after posting massive gains in yesterday's trading session. Find custom charts and recent news from OWC Pharmaceutical Research by checking out the company's marijuana stock profile linked above. 

 

Conclusion
 
If you see a marijuana company in today's marijuana stock losers (down days can be buying opportunities) that interests you
, 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. 

 

D/M/O


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/.