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Tuesday's Biggest Marijuana Stock Losers

July 25, 2017

 

The closing bell has rung and now it's time to take stock of the day's market action. As measured by the Solactive North American Medical Marijuana Index, cannabis stocks broadly posted fractional losses on the day. Though losses broadly were slight, a handful of 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 Tuesday, July 25th, 2017. 

 

 

 

Insys Therapeutics Inc. (NASDAQ:INSY)

 

Insys Therapeutics is having a tough time catching a bid given continued concern relating to the company's opioid product, Subsys. Shares of Insys fell 2.63% in today's session on volume that was higher than the company's 30-day average volume. The company's dronabinol (synthetic THC) product candidate, Syndros is nearing commercialization, and when it does reach pharmacy shelves, perhaps the market will see the "light at the end of the tunnel". In the meantime, fear relating to Subsys dominates the investment dialogue around Insys. Learn more about Insys by checking out the company's marijuana stock profile linked above. 

 

Related: Insys Appoints Healthcare Finance Veteran as New CFO

 

Kush Bottles Inc. (OTC:KSHB)

 

Despite today's news that Kush Bottles has signed a distribution agreement with an Alaskan company, shares sold off. In today's trading, Kush Bottles fell 3.67% on volume that was around the company's 30-day average volume. Be sure to check out the company's marijuana stock profile linked above to view custom charts and more recent news. 

 

Related: Kush Bottles Q3 2017 Financial Results Breakdown

 

Surna Inc. (OTC:SRNA) 

 

After falling in yesterday's trading session, shares of Surna dropped another 4.48% in today's session. Trading volume was lighter than the company's 30-day average volume. Learn more about Surna by checking out the company's marijuana stock profile linked above. 

 

Subscribe Now: The Daily Marijuana Observer's U.S. Cannabis Updates

 

22nd Century Group Inc. (NYSE:XXII) 

 

Shares of 22nd Century Group had a tough time in trading once again today. XXII closed down 6.80% on volume that was more than double the company's 30-day average volume. Like yesterday, today's selloff came without any recent news from the company. Be sure to put today's move into perspective by checking out a custom stock chart in 22nd Century's marijuana stock profile linked above.

 

Related: Marijuana Stocks with the Highest Trading Volume

 

Zynerba Pharmaceuticals Inc. (NASDAQ:ZYNE) 

 

Shares of Zynerba Pharmaceuticals finished today's trading session near the low of the day, down 7.15%. Volume today was higher than the company's 30-day average volume. Learn more about Zynerba by checking out the company's marijuana stock profile linked above. 

 

Related: Zynerba Pharmaceutical's New Investor Presentation

 

Conclusion
 

To learn more about any of today's marijuana stock losers, check out their profile in our global marijuana stock database via the linked tickers above. Remember, shares of Insys Therapeutics and Zynerba Pharmaceuticals 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. Don’t forget to connect with The Daily Marijuana Observer on social media via FacebookTwitterStockTwits, 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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