(Image Credit - Sanja Gjenero)
The closing bell has rung and its time to take stock of the day's market action. Broad cannabis equity markets recovered some of yesterday's steep losses, gaining roughly 1% in today's trading session (as measured by the Solactive North American Medical Marijuana Index). Despite broader gains, there were a handful of names from our global marijuana stock database that sold off in today's trading session. In alphabetical order, here are 3 marijuana related stocks that posted noteworthy losses in today's trading session.
Aphria Inc. (TSX:APH)(OTC:APHQF)(FRA:10E)
After falling more than 5% yesterday on fears regarding the possibility of new rules banning the settlement of cannabis companies with U.S. operations at Canada's only equity clearinghouse, shares of Aphria dropped another 3.20% in today's trading on the TSX. The company's OTC Markets listing dropped 3.62% on higher than average trading volume. Learn more about Aphria by checking out their marijuana stock profile linked above.
Related: Settlement Troubles Ahead for Canadian Cannabis Stocks?
Diego Pellicer Worldwide, Inc. (OTC:DPWW)
Diego Pellicer Worldwide shares fell 5.66% in today's trading session. Volume today was more than 3x the company's 30-day average volume. Today's bearish action came without any recent news from Diego Pellicer Worldwide. Be sure to check out the company's marijuana stock profile where you can view a custom stock chart and more recent news.
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Golden Leaf Holdings Ltd. (CSE:GLH)(OTC:GLDFF)(FRA:9GL)
Shares of Golden Leaf Holdings on the CSE plunged 8% in today's trading session. Volume was significantly higher than the company's 30-day average volume. The company's OTC Markets listing dropped 4.20% on volume that was also higher than its 30-day average volume. Today's losses are likely related to the settlement concerns regarding Canadian marijuana stocks with U.S. operations. Learn more about Golden Leaf by checking out the company's marijuana stock profile linked above.
Related: 4 Things to Know About The CSE's Statement on U.S. Cannabis Issuers
Find more about today's losers by checking out their respective profiles in our global marijuana stock database via the linked tickers above.
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Now Read: Today's Biggest Marijuana Stock Gainers
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