The closing bell has rung and now it's time to take stock of the day's market action. A few of the companies from our global marijuana stock database had a tougher time in today's trading session. In alphabetical order, here are 5 of the biggest marijuana stock losers in trading on Monday, June 19th, 2017.
AeroGrow International, Inc.
AeroGrow International (OTC:AERO) dropped 2.58% in today's trading session. Volume today was more than double the company's 30-day average trading volume. The action in AeroGrow came without any recent news from the company, although they will be releasing their fourth quarter and full year financial results on June 27th. Learn more about AeroGrow by checking out the company's marijuana stock profile linked above.
CV Sciences, Inc.
Although shares of CV Sciences (OTC:CVSI) recovered some of their earlier losses, shares still plunged 18.75% in today's trading session. Volume today was more than 10 times the company's 30-day average volume! On Friday, the U.S. Securities and Exchange Commission filed fraud charges against CV Sciences and its CEO, Michael Mona Jr. for overstating the company's assets.
General Cannabis Corp.
In today's trading session, shares of General Cannabis (OTC:CANN) fell 4.10% on volume that was more than double than the company's 30-day average trading volume. Today's downside move came without any recent news from the company. Learn more about General Cannabis by checking out the company's marijuana stock profile linked above.
Heliospectra AB (NORDIC:HELIO)(OTC:HLSPY) fell 8.82% in today's trading on the OTC Markets. Volume today was higher than the company's 30-day average volume. This morning, Heliospectra announced that the company has received a $539,000 order of its intelligent LED lights. Learn more about Heliospectra by checking out the company's marijuana stock profile linked above.
Marapharm Ventures Inc.
In Monday's trading, shares of Marapharm Ventures (CSE:MDM)(OTC:MRPHF) fell 11.50% and 10.61% on the CSE and the OTC Markets respectively. The bearish action today came without any recent news from the company. We're working on a marijuana stock profile for Marapharm, so check back soon or subscribe to our free email newsletter to find out when it becomes available.
To learn more about any of today's marijuana stock losers, check out their profile in our marijuana stock database via the linked tickers above. Also, be sure to subscribe to one or more of our free email newsletters so you never miss an important update. If you haven't already, connect with The Daily Marijuana Observer on Facebook, Twitter and Instagram.
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.