• Daily Marijuana Observer Facebook
  • Daily Marijuana Observer Twitter
  • Daily Marijuana Observer StockTwits
  • Daily Marijuana Observer SA
  • Daily Marijuana Observer Instagram
  • Daily Marijuana Observer Youtube
  • Pinterest Social Icon
  • Daily Marijuana Observer Talk Market

Friday's Biggest Marijuana Stock Losers

July 7, 2017

 

The closing bell has rung and now it's time to take stock of the day's market action. A handful of companies from our global marijuana stock database had a tougher time in the markets today. In alphabetical order, here are 5 of the biggest marijuana stock losers in trading on Friday, July 7th, 2017. 

 

Cara Therapeutics Inc.

 

Shares of Cara Therapeutics (NASDAQ:CARA) dropped 9.56% in Friday's trading. Volume today was higher than the company's 30-day average volume. The bearish action came without any recent news from the company. Learn more about Cara by checking out their marijuana stock profile linked above. 

 

MassRoots Inc.

 

After posting strong gains yesterday, shares of MassRoots (OTC:MSRT) gave back nearly all of the gains today. MassRoots dropped 6.65% in Friday's session on lighter than average trading volume. Earlier this week, MassRoots announced that the company is acquiring Odava, Inc., a provider of compliance, point of sale and supply chain management software for the cannabis industry. MassRoots also disclosed that the Securities and Exchange Commission has informed the company of promotional activity in its stock. MassRoots clarified some misleading and incorrect statements made by the promoters and stated that the company was not involved in the promotions in question. Be sure to check out MassRoot's marijuana stock profile linked above to view a custom chart and more recent news. 

 

Rocky Mountain High Brands Inc.
 

On the losers list for the second day in a row, shares of Rocky Mountain High Brands (OTC:RMHB) fell 14.75% in today's trading session. Yesterday, the company filed an 8-K documenting a change in the conversion ratio of their preferred stock. We're working on a marijuana stock profile for Rocky Mountain High Brands so check back soon or subscribe to our free email newsletter to find out when it becomes available. 

 

Umbral Energy Corp. 

 

Another one of yesterday's biggest winners, Umbral Energy (CSE:UMB)(OTC:UMBBF) gave some back in today's trading. On the CSE, shares of Umbral Energy fell 9.52%. The company's OTC Markets symbol dropped 16.11% on higher than average volume. Yesterday, Umbral Energy released the expansion plans of their 75% owned, late-stage ACMPR applicant, PhyeinMed. We're working on a marijuana stock profile for Umbral Energy, so check back soon or subscribe to our free Canadian licensed producer (and late stage applicant) email newsletter to find out when it becomes available.

 

22nd Century Group

 

In today's trading session, shares of 22nd Century Group (NYSE:XXII) fell 4.17% on higher than average trading volume. The bearish action today came without any recent news from 22nd Century Group. Be sure to check out 22nd Century Group's marijuana stock profile linked above to view custom charts and news regarding the company. 

 

Conclusion

 

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. Remember, Cara Therapeutics and 22nd Century Group can be traded commission free using the Robinhood app

 

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

 

D/M/O

 

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.

Please reload

LATEST NEWS
Please reload

Please reload

DMO

© Copyright 2016-2020 Smoke Show Ventures, Inc.

RSS Feed

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/.