The closing bell has rung and its time to take stock of the day's market action. Broad cannabis equity markets fell roughly 0.8% in today's trading session. (as measured by the Solactive North American Medical Marijuana Index). A handful of names from our global marijuana stock database posted even greater losses than the index in today's trading session. In alphabetical order, here are 3 marijuana related stocks that posted noteworthy losses in trading on Friday, August 11th, 2017.
American Cannabis Company Inc. (OTC:AMMJ)
Shares of American Cannabis Company dropped 9.80% in today's trading session on volume that was more than three times the company's 30-day average volume. Today's bearish action came without any recent news from the company. Visit their marijuana stock profile linked above to view a custom stock chart and more!
Related: American Cannabis Company Signs New Ohio Client
AXIM Biotechnologies Inc. (OTC:AXIM)
AXIM Biotech dropped another 8.19% in today's trading session on volume that was more than double the company's 30-day average volume. Today's bearish action came without any recent news from the company. It would appear that shares of AXIM are selling off in sympathy with the rest of the cannabinoid biotech space this week. Learn more about the company by checking out their marijuana stock profile linked above.
Related: AXIM Files Patent on Cannabinoid Gum for Opioid Addiction
Golden Leaf Holdings Ltd. (CSE:GLH)(OTC:GLDFF)
Shares of Golden Leaf Holdings dropped 8.33% in today's trading session on the CSE. The company's OTC Markets symbol fell 7.04% on volume that was higher than the company's 30-day average volume. Today's selloff came without any recent news from Golden Leaf. Be sure to check out the company's marijuana stock profile linked above to view a custom stock chart and more.
Related: Golden Leaf Closes Acquisition of Oregon Cannabis Business
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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