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Wednesday's Biggest Marijuana Stock Losers

July 26, 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 gained roughly 1.5% today. Despite gains broadly, a few companies from our global marijuana stock database finished today's session deeply in the red. In alphabetical order, here are 5 of the biggest marijuana stock losers in trading on Wednesday, July 24th, 2017. 

 

Cara Therapeutics Inc. (NASDAQ:CARA)

 

Shares of Cara Therapeutics fell 2.41% on lighter than average volume in today's trading session. Today's move came without any recent news from Cara Therapeutics. Learn more about this cannabinoid biotech company by checking out their marijuana stock profile linked above. 

 

Related: Marijuana Stocks with the Highest Trading Volume

 

Golden Leaf Holdings Ltd. (CSE:GLH)(OTC:GLDFF)(FRA:9GL)

 

Golden Leaf Holdings plunged 23.08% in today's trading session on the CSE. The company's OTC Markets symbol collapsed 22.87% on volume that was nearly 10x its 30-day average volume. Today's bearish action came without any recent news from the company. Put today's massive move into perspective by viewing a custom stock chart in Golden Leaf's marijuana stock profile linked above. 

 

Related: Golden Leaf Closes Acquisition Of Oregon Cannabis Business

 

India Globalization Capital Inc. (NYSEMKT:IGC) 


After gaining more than 20% in yesterday's trading session, shares of India Globalization Capital gave back 6.37% in today's trading. Yesterday, a positive editorial regarding the company's THC-based Alzheimer's treatment was released. Learn more about India Globalization Capital by checking out the company's marijuana stock profile linked above. 

 

Related: India Globalization Capital's FY'17 Earnings Breakdown

 

Kaya Holdings Inc. (OTC:KAYS)


Shares of Kaya Holdings closed today's trading session down 7.82% without any recent news. Volume today was lighter than  the company's 30-day average volume. Be sure to check out Kaya Holdings' marijuana stock profile to learn more about the company.

 

Related: Kaya Holdings’ 10-K Reports 200% Revenue Increase

 

Zoned Properties Inc. (OTC:ZDPY)

 

Shares of Zoned Properties fell 4.84% in today's trading session despite a lack of recent news from the company. Trading volume today was roughly 3x the company's 30-day average volume. Find more about this cannabis focused real estate company by checking out their marijuana stock profile linked above. 

 

Related: Zoned Properties' Tenant Leasing More Space in AZ Facility

 

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 Cara Therapeutics and India Globalization Capital 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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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/.