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Friday's Biggest Marijuana Stock Losers

May 12, 2017

 

The closing bell has rung and now it's time to take stock of the day's market action. Across our global marijuana stock universe, both volatility and selling pressure subsided, though some names still had a tougher time in trading. In alphabetical order by symbol, 3 of the biggest marijuana stock losers in trading on Friday, May 12th, 2017 are as follows: 

 

 

AXIM Biotechnologies Inc. 

 

AXIM Biotechnologies (OTC:AXIM) couldn't catch a break from the selling pressure in today's trading, closing down another 7.87% without any recent news from the company. Learn more about AXIM Biotech by checking out the company's marijuana stock profile linked above. 

 

Digipath Inc. 

 

Shares of Digipath Inc. (OTC:DIGP) reversed earlier gains to close today's trading down 2.05%.  This morning, Digipath reported their second quarter earningsOne highlight of the report is that the company saw a 252% increase in revenue year-over year. Be sure to learn more about Digipath by checking out the company's marijuana stock profile linked above. 

 

Canopy Growth Corp.

 

In today's trading session, the bears came back into shares of Canopy Growth Corp. (TSX:WEED)(OTC:TWMJF)(FRA:11L1). On the TSX, Canopy closed down 4.57%. Their OTC Markets listing fared slightly worse, finishing the day's trading down 5.28%. Find a custom chart and recent news regarding Canopy Growth Corp. by checking out the company's marijuana stock profile linked above. 

 

Conclusion
 
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

 

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/.