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5 of Today's Biggest Marijuana Stock Losers - Tuesday, November 21st

November 21, 2017

 

Out of over 200+ marijuana stocks, here are 5 of the biggest marijuana stock losers in trading on Tuesday, November 21st including Solis Tek, Inc. (OTC:SLTK)  and more...

 

General Cannabis Corp. (OTC:CANN)

 

Shares of General Cannabis Corp. dropped 7.09% today on higher than average trading volume, closing the day at $1.31 per share. Recently, the company announced its Q3 2017 financial results which showed the company's highest quarterly revenues on record of approximately $980,000, representing an increase of 21% in total revenues when compared to the three months ended September 30, 2016.

 

Golden Leaf Holdings Ltd. (CSE:GLH) (OTC:GLDFF)

 

Shares of Golden Leaf Holdings Ltd. dropped 5.88% today on the OTC markets on lower than average trading volume, closing the day at $0.16 per share. This morning, the company announced that it will be releasing Q3'17 financials on Wednesday, November 29, 2017, after the North American market close. Additionally, there will be a shareholder conference call to follow

 

MyDx, Inc. (OTC:MYDX)

 

Shares of MyDx, Inc. dropped 5.56% today on higher than average trading volume, closing the day at $0.0034 per share. There has not been any recent news from the company despite steady daily trading volume. 

 

Solis Tek, Inc. (OTC:SLTK)

 

Shares of Solis Tek, Inc. dropped 7.48% today on lower than average trading volume, closing the day at $1.36 per share. Earlier today Taglich Brothers' John Nobile just initiated coverage and assigned a 'buy' rating on shares of Solis Tek alongside a twelve-month price target of $3.00 per share.

 

United Cannabis Corp. (OTC:CNAB)

 

Shares of United Cannabis Corp. dropped 6.41% today on higher than average trading volume, closing the day at $0.73 per share. Recently, the company announced that Jamaica's Ministry of Health has registered its Prana CBD-Infused Water as a medicinal cannabis product.

 

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/.