The closing bell has rung and now it's time to take stock of the day's market action. A handful of companies from The Daily Marijuana Observer's global marijuana stock database had a tougher time in the markets today. Bullish action in broad U.S. equity markets kept quite a few pot stocks out of the red today, and helped to moderate losses in those that finished negative. In alphabetical order, here are 5 of the biggest marijuana stock losers in trading on Wednesday, July 12th, 2017.
American Cannabis Company, Inc.
Shares of American Cannabis Company Inc. (OTC:AMMJ) fell 0.94% on lighter than average volume today. These losses came without any recent news from the company. Learn more about this cannabis consulting firm by checking out the company's marijuana stock profile linked above.
AXIM Biotechnologies Inc.
In today's trading session, AXIM Biotechnologies (OTC:AXIM) shares closed down 4.37%. This morning, AXIM announced that the company had its semi-annual board meeting on July 8th. They also released some highlights from discussion at the meeting. Make sure to visit AXIM's marijuana stock profile linked above to view custom charts and recent news regarding this developer of alternate cannabis consumption methods.
Cannabix Technologies, Inc.
Cannabix Technologies (CSE:BLO)(OTC:BLOZF) fell 1.59% in today's trading on the CSE. On the OTC Markets, the company's shares dropped 0.77% on higher than average trading volume. The bearish action today came without any recent news from the company, although potential competitors and alternative methods of testing for marijuana intoxication keep popping up and worrying investors. Be sure to check out the company's marijuana stock profile linked above to view custom charts and news.
Diego Pellicer Worldwide Inc.
Diego Pellicer Worldwide (OTC:DPWW) dropped 10.02% in today's trading session. The bearish action today came without any recent news from the company. Learn more about Diego Pellicer by checking out the company's marijuana stock profile linked above.
Insys Therapeutics Inc.
In today's trading session, shares of Insys Therapeutics (NASDAQ:INSY) dropped 8.44% despite a lack of recent news from the company. Trading volume today was nearly double the company's 30-day average volume. Learn more about Insys by checking out the company's marijuana stock profile linked above.
To learn more about any of today's marijuana stock losers, check out their profile in The Daily Marijuana Observer's marijuana stock database via the linked tickers above. Remember, shares of Insys Therapeutics can be traded commission-free using the Robinhood app.
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Now Read: Today's Biggest Marijuana Stock Gainers
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