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5 of Today's Biggest Marijuana Stock Losers - Wednesday, March 7th

March 7, 2018

 

Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Wednesday, March 7th including Newstrike Resources Ltd. (TSXV:HIP) (OTC:NWKRF) and more...

 

Cannabics Pharmaceuticals, Inc. (OTC:CNBX)

 

Shares of Cannabics Pharmaceuticals, Inc. dropped 7.41% today on lower than average trading volume on the OTC markets, closing the day at $1.25 USD per share. Recently, Cannabics announced that Dr. Moran Grinberg, the company's VP of R&D, will speak at the Annual CannaTech Conference.

 

Cannabix Technologies Inc. (CSE:BLO) (OTC:BLOZF)

 

Shares of Cannabix Technologies Inc. dropped 7.00% today on higher than average trading volume on the OTC markets, closing the day at $1.86 USD per share. Recently, Cannabix provided an update on its marijuana breathalyzer development.

 

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

 

Shares of InMed Pharmaceuticals, Inc. dropped 21.54% today on higher than average trading volume on the OTC markets, closing the day at $1.14 USD per share. Recently, InMed announced the publication of a peer-reviewed article in Drug Delivery and Translational Research.

 

MariMed Inc. (OTC:MRMD)

 

Shares of MariMed Inc. dropped 6.67% today on lower than average trading volume on the OTC markets, closing the day at $1.12 USD per share. Recently, MariMed named Ryan Crandall Vice President of Product & Sales.

 

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

 

Shares of Newstrike Resources Ltd. dropped 10.11% today on lower than average trading volume, closing the day at $0.8272 USD per share. Recently, Newstrike announced that it has granted incentive stock options to certain directors, officers, employees and service providers to purchase up to an aggregate of 4.75 million Newstrike common shares.

 

 

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 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/.