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5 of Today's Biggest Marijuana Stock Losers - Monday, December 4th

December 4, 2017

 

Out of over 200+ marijuana stocks, here are 5 of the biggest marijuana stock losers in trading on Monday, December 4th including Maricann Group Inc. (CSE:MARI) (OTC:MRRCF) and more...

 

GW Pharmaceuticals Plc. (NASDAQ:GWPH)

 

Shares of GW Pharmaceuticals Plc. dropped 6.10% today on higher than average trading volume, closing the day at $115.44 per share. Earlier today, GW Pharma filed its financial results for the fourth quarter and year-ended 30 September 2017 with the SEC.

 

India Globalization Capital, Inc. (NYSE:IGC)

 

Shares of India Globalization Capital, Inc. dropped 5.40% today on higher than average trading volume, closing the day at $0.5438 per share. Recently, it was disclosed in a filing to the SEC that the CEO of IGC sold a block of shares

 

Maricann Group Inc. (CSE:MARI) (OTC:MRRCF)

 

Shares of Maricann Group Inc. dropped 7.57% today on higher than average trading volume, closing the day at $1.6823 per share. On Friday, Maricann filed its financial statements for the 3 months ending September 30, 2017, with results that were consistent with the management team's expectations.

 

Namaste Technologies Inc. (CSE:N) (OTC:NXTTF) 

 

Shares of Namaste Technologies Inc. dropped 6.52% today on the OTC markets on lower than average trading volume, closing the day at $0.679392 per share. The other day, Namaste announced that it would be divesting its U.S. subsidiary, Dollinger Enterprises US Inc., to focus on Canada and other markets where cannabis is federally legal.

 

Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE)

 

Shares of Zynerba Pharmaceuticals, Inc. dropped 8.30% today on higher than average trading volume, closing the day at $13.37 per share. The company hasn't announced any relevant news recently. Yesterday, Zynerba announced that new clinical data was presented at the 2017 Annual Meeting of the American Epilepsy Society in Washington, DC regarding its ZYN002 drug.

 

Tell us which marijuana stocks burned you today! Join the conversation in our Marijuana Stock Forum!

 

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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