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Wednesday's Biggest Marijuana Stock Losers

May 3, 2017


The closing bell has rung and that means its time to take stock of today's market action. Across our global marijuana stock universe, a handful of companies had a rough time in today's trading session. In alphabetical order by symbol, 3 of the biggest marijuana stock losers in trading on Wednesday, May 3rd, 2017 are as follows:


InMed Pharmaceuticals Inc. 


In today's trading session, shares of InMed Pharmaceuticals (CSE:IN)(OTC:IMLFF) fell 12.28% and 10.49% on the CSE and the OTC Markets respectively despite a lack of recent news. Learn more about InMed Pharmaceuticals by checking out the company's marijuana stock profile linked above. 


Kalytera Therapeutics Inc. 


Shares of Kalytera Therapeutics (TSXV:KALY)(OTC:KALTF) continued yesterday's losses in today's session, finishing down 8.62% and 5.97% on the TSX Venture Exchange and the OTC Markets respectively. Yesterday, Kalytera announced the company's financial results for their 2016 fiscal year. We're working on a marijuana stock profile for Kalytera Therapeutics, so be sure to check back soon or subscribe to our free email newsletter to find out when it becomes available. 


Zynerba Pharmaceuticals Inc.


Shares of synthetic cannabinoid pharmaceuticals company, Zynerba (NASDAQ:ZYNE) closed today's trading session down 3.90% without any recent news. Earlier this week, Zynerba released the company's May investor deck. Be sure to check out Zynerba Pharmaceutical's marijuana stock profile linked above to view custom charts, news and more. 


If you see a company in today's marijuana stock losers 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. 


Now read: Today's Biggest Marijuana Stock Gainers



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/.