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Thursday, August 17th's Biggest Marijuana Stock Losers

August 17, 2017

 

The closing bell has rung and its time to take stock of the day's market action. As U.S. equity markets sold off more than 1% across the board on increased political uncertainty, the Solactive North American Medical Marijuana Index also fell roughly 1%. With that being said, across our global marijuana stock database, only a handful of names did significantly worse than the index in today's trading session. In alphabetical order, here are 3 of the biggest marijuana stock losers in trading on Thursday, August 17th, 2017. 

 

Acacia Diversified Holdings Inc. (OTC:ACCA) 

 

In Thursday's trading, shares of Acacia Diversified Holdings dropped 4.23% without any recent news. Trading volume today was higher than the company's 30-day average volume. Learn more about Acacia Diversified Holdings by checking out the company's marijuana stock profile linked above. 

 

Subscribe Now: U.S. State-By-State Marijuana News Updates

 

Helix TCS Inc. (OTC:HLIX) 

 

Shares of Helix TCS fell 37.40% in today's trading session on volume that was considerably higher than the company's 30-day average volume. Today's selloff came without any recent news from the company. 

 

Related: Helix TCS Acquires Colorado Cannabis Security Company

 

Player's Network Inc. (OTC:PNTV)

 

Player's Network dropped 7.87% in today's trading session on volume that was roughly double its 30-day average trading volume. Today's selling pressure came without any recent news from the company. 

 

Related: Player's Network Gets Nevada Medical Marijuana Licenses

 

Conclusion

 

Find more about today's losers by checking out their respective profiles in our global marijuana stock database via the linked tickers above. To stay up to date with important developments in the cannabis industry, be sure to subscribe to one or more of our free email newsletters. Don't be a stranger; connect with The Daily Marijuana Observer on 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/.