Out of over 200+ marijuana stocks, here are 5 of the biggest marijuana stock losers in trading on Wednesday, November 29th including Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF) and more...
Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF)
Shares of Aurora Cannabis Inc. dropped 13.93% today on the OTC markets on higher than average trading volume, closing the day at $5.25 per share. Yesterday, the company announced that it completed its offering of 115,000 special warrants, including the exercise, in full, of the over-allotment option through Canaccord Genuity Corp. for gross proceeds of $115 million CAD.
Canopy Growth Corporation (TSX:WEED) (OTC:TWMJF)
Shares of Canopy Growth Corporation dropped 7.46% today on the OTC markets on slightly lower than average trading volume, closing the day at $13.6298 per share. It seems as if profit-taking took hold today, following yesterday's announcement regarding a new addition to Canopy's CraftGrow program.
Cronos Group, Inc. (TSXV:MJN) (OTC:PRMCF)
Shares of Cronos Group, Inc. dropped 12.14% today on the OTC markets on higher than average trading volume, closing the day at $3.1319 per share. Earlier today, the company reported its financial and operational results for the third quarter ended September 30, 2017.
India Globalization Capital, Inc. (NYSE:IGC)
Shares of India Globalization Capital, Inc. dropped 8.20% today on higher than average trading volume, closing the day at $0.5324 per share. Earlier in the month, it was reported that the CEO of IGC was dumping shares, which is often considered to be a bearish signal.
Namaste Technologies Inc. (CSE:N) (OTC:NXTTF)
Shares of Namaste Technologies Inc. dropped 24.87% today on the OTC markets on higher than average trading volume, closing the day at $0.6117 per share. Last night, the company announced that it would be divesting its wholly-owned US subsidiary, Dollinger Enterprises US Inc.
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