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Wednesday's Biggest Marijuana Stock Losers

July 12, 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 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. 

 

Conclusion
 

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
 
Also, be sure to subscribe to one or more of their 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.

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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/.