The market session has come to an end, and the closing bell has rung... so now it is time to go through today's biggest movers to the downside. Here are four of the biggest marijuana stock losers in trading on Tuesday, September 5th, 2017.
Golden Leaf Holdings Ltd. (OTC:GLDFF)
Shares of Golden Leaf Holdings Ltd. dropped 6.83% today on lower than average trading volume, closing the day at $0.1323 per share. Earlier today, Gold Leaf announced the closing of a bridge loan and conversion of debentures.
Heliospectra AB (OTC:HLSPY)
Shares of Heliospectra AB fell 11% today on nearly double the average trading volume, closing the day at $0.4628 per share. Earlier today, QYResearchReports released their Global Horticultural LED Lighting Market Research Report for 2017, which compared Heliospectra's market share to that of its competitors.
Kaya Holdings, Inc. (OTC:KAYS)
Shares of Kaya Holdings, Inc. slid 5.33% on above average daily trading volume, closing the day at $0.1431 per share. This bearish action comes days after Kaya filed its quarterly report with the SEC, which showed a year-over-year decrease in net sales when compared to the same quarter in 2016.
Lexaria Bioscience Corp. (OTC:LXRP)
Shares of Lexaria Bioscience Corp. sold off 4.04% on roughly half of the average daily trading volume, closing the day at $0.361 per share. This bearish action comes days after the company announced the issuance of shares for debt.
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. Also, connect with The Daily Marijuana Observer on Facebook, Twitter, StockTwits and Instagram!
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