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5 of Today's Biggest Marijuana Stock Losers - Wednesday, January 24th

January 24, 2018


Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Wednesday, January 24th including InMed Pharmaceuticals Inc. (CSE:IN) (OTC:IMLFF) and more...


Cronos Group Inc. (TSXV:MJN) (OTC:PRMCF)


Shares of Cronos Group Inc. dropped 5.4834% today on the OTC markets on higher than average trading volume, closing the day at $8.7995 per share. This week, the company announced that Peace Naturals Project Inc. has obtained a Dealer's License pursuant to the Controlled Drugs and Substances Act under Health Canada.


GrowGeneration Corp. (OTC:GRWG)


Shares of GrowGeneration Corp. dropped 6.46% today on higher than average trading volume, closing the day at $7.67 per share. Today, the company announced that it has purchased all the assets of East Coast Hydroponic Warehouse located in Warwick, RI.


InMed Pharmaceuticals Inc. (CSE:IN) (OTC:IMLFF)


Shares of InMed Pharmaceuticals Inc. dropped 7.33% today on the OTC markets lower than average trading volume, closing the day at $1.04 per share. Recently, the company closed its previously announced non-brokered private placement for gross proceeds of $9.4 Million CAD.


Newstrike Resources Ltd.  (TSXV:HIP) (OTC:NWKRF)


Shares of Newstrike Resources Ltd. dropped 19.030% today on the OTC markets on higher than average trading volume, closing the day at $1.199 per share. Today, the company announced it would receive a $9.5 Million break fee following termination of their agreement with CanniMed.


Surna Inc. (OTC:SRNA)


Shares of Surna Inc. dropped 14.35%% today on higher than average trading volume, closing the day at $0.40 per share. Last week, the Surna Inc.'s Chief Financial Officer and Treasurer resigned.


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




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!






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