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5 of Today's Biggest Marijuana Stock Losers - Thursday, December 7th

December 7, 2017

 

Out of over 200+ marijuana stocks, here are 5 of the biggest marijuana stock losers in trading on Thursday, December 7th including Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF) and more...

 

Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF)

 

Shares of Aurora Cannabis Inc. dropped 4.94% today on the OTC markets on higher than average trading volume, closing the day at $5.20 per share. Earlier this week, CanniMed Therapeutics Inc. announced that it has been notified by the TSX that the TSX will defer consideration of the acceptance of the company's previously announced Shareholder Rights Plan to a shareholder vote. The Rights Plan was adopted on November 28, 2017 following the announcement of an unsolicited hostile bid by Aurora Cannabis Inc. for all the common shares of CanniMed.

 

Future Farm Technologies Inc. (CSE:FFT) (OTC:FFRMF)

 

Shares of Future Farm Technologies Inc. dropped 8.56% today on the OTC markets on higher than average trading volume, closing the day at $0.3886 per share. Earlier today, Future Farm announced that it has engaged RwE Growth Partners Inc. to conduct a business valuation and fairness opinion on its recently acquired augmented reality asset.

 

Marrone Bio Innovations, Inc. (NASDAQ:MBII)

 

Shares of Marrone Bio Innovations, Inc. dropped 6.75% today on higher than average trading volume, closing the day at $0.8998 per share. The company was expected to present at the LD Micro Main Event this week, however it was canceled due to the fires in California. 

 

New Age Farm Inc. (CSE:NF) (OTC:NWGFF)

 

Shares of New Age Farm Inc. dropped 17.49% today on higher than average trading volume, closing the day at $0.08168 per share. Today, New Age Farm announced that it has entered into a letter of intent to acquire 100% of the Denver-based CBD company, We Are Kured LLC.

 

Organigram Holdings, Inc. (TSXV:OGI) (OTC:OGRMF)

 

Shares of Organigram Holdings, Inc. dropped 7.00% today on the OTC markets on higher than average trading volume, closing the day at $2.79 per share. The other day, the company launched "The Edison Project" to offer Organigram patients the very highest quality flower possible using the latest in technology and industry best practices.

 

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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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/.