(Image Credit - Sanja Gjenero)
The closing bell has rung and now it's time to take stock of the day's market action.
In today's session, market moves were relatively muted across our global marijuana stock universe. However, a few names posted noteworthy losses in today's trading.
In alphabetical order by symbol, 3 of the biggest marijuana stock losers in trading on
Thursday, May 18th, 2017 are as follows:
Canadian Bioceutical Corp.
After posting modest gains yesterday, shares of Canadian Bioceutical Corp. (CSE:BCC)(OTC:CBICF) came under pressure in today's trade. Shares finished Thursday's session down 8.93% and 8.70% on the CSE and the OTC Markets respectively. Yesterday, the company announced LOIs to acquire up to four cannabis companies in Maryland and Arizona. Learn more about Canadian Bioceutical Corp. by checking out their marijuana stock profile linked above.
United Cannabis Corp.
In today's trading session, United Cannabis Corp. (OTC:CNAB) finished down 7.00% on higher volume than their 30-day average volume. Today's action came without any recent news from the company. Be sure to check out United Cannabis' marijuana stock profile linked above to view custom charts and news regarding the company.
Naturally Splendid Enterprises Ltd.
Naturally Splendid Enterprises (TSX.V:NSP)(OTC:NSPDF) closed today's session down 5% on the TSX Venture Exchange. Their OTC Markets listing closed Thursday's trading down 3.31%. This morning, Naturally Splendid reported the company's first quarter financial results. On a year-over-year basis revenues were down 59%, though gross margin increased 88% over the same period. View custom charts and more recent news from Naturally Splendid by checking out their marijuana stock profile linked above.
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.
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