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5 of Today's Biggest Marijuana Stock Losers - Friday, October 20th

October 20, 2017

 

Out of over 200+ marijuana stocks, here are 5 of the biggest marijuana stock losers in trading on Friday, October 20th including American Cannabis Company, Inc. (OTC:AMMJ) and more...

 

American Cannabis Company, Inc. (OTC:AMMJ)

 

Shares of American Cannabis Company, Inc. dropped 8.52% today on higher than average trading volume, closing the day at $0.64 per share. This is the second day in a row that shares of AMMJ are on our losers list, after falling 6.72% on Thursday

 

Cannabics Pharmaceuticals Inc. (OTC:CNBX)

 

Shares of Cannabics Pharmaceuticals Inc. dropped 4.95% today on higher than average trading volume, closing the day at $0.72 per share. While the company did announce the filing of patents in late September, there has not been any news since then regarding the company. 

 

Digipath Inc. (OTC:DIGP)

 

Shares of Digipath Inc. dropped 4.48% today on lower than average trading volume, closing the day at $0.16 per share. The company recently announced that it has entered into a joint venture with Mr. Don Ashley, an experienced real estate developer and cannabis entrepreneur, to establish and operate a cannabis testing laboratory in California.

 

Kaya Holdings, Inc. (OTC:KAYS)

 

Shares of Kaya Holdings, Inc. dropped 5.64% today on higher than average trading volume, closing the day at $0.1137 per share. Recently, the company announced its upcoming annual shareholder call which will be sure to move shares of KAYS.

 

Two Rivers Water & Farming Company (OTC:TURV)

 

Shares of Two Rivers Water & Farming Company dropped 5.15% today on lower than average trading volume, closing the day at $0.46 per share. A few weeks ago, the company secured a 3-year equity financing line of $5 million from a fund managed by Spotfin Funding LLC. 

 

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. Also, connect with The Daily Marijuana Observer on FacebookTwitterStockTwits and Instagram!

 

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/.