The closing bell has rung and its time to take stock of the day's market action. The Solactive North American Medical Marijuana Index was once again pretty quiet in today's trading session, falling roughly 0.3%. That being said, a few names from our global marijuana stock database had a tougher time in today's trading session. Here are three of the biggest marijuana stock losers in trading on Friday, August 25th, 2017.
Diego Pellicer Worldwide, Inc. (OTC:DPWW)
Diego Pellicer Worldwide shares fell 17% in today's trading session. Volume today was more than double 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!
Subscribe Now: U.S. Marijuana News Updates
Heliospectra AB (First North:HELIO)(OTC:HLSPY)
Heliospectra's OTC Markets shares didn't trade today, but the company's shares trading in Sweden dropped 5.61%. Earlier, Heliospectra announced the company's financial results for the first half of 2017. Net sales increased 19% from the first half of last year and operating losses decreased compared to H1'16. The company also highlighted recent orders from cannabis cultivators including Canada's Island Garden, The Grove Nevada and TruGanic Hybrid Cultivation. Learn more about the company by checking out their marijuana stock profile linked above.
Related: Heliospectra Gets $93,000 Order from Cannabis Cultivator
Lexaria Bioscience Corp. (CSE:LXX)(OTC:LXRP)
Lexaria Bioscience fell 7.69% in today's trading on the CSE. The company's OTC Markets listing finished Friday's trading session lower by 6.50% on volume that was nearly 3x its 30-day average volume. Today's selloff came without any recent news from the company. Be sure to check out Lexaria's marijuana stock profile to view a custom stock chart and more.
Related: Lexaria Bioscience Appoints New CFO & Treasurer
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 Facebook, Twitter, StockTwits and Instagram!
Now Read: Today's Biggest Marijuana Stock Gainers
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.