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
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.
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Now Read: Today's Biggest Marijuana Stock Gainers
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