Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Thursday, March 22nd including Cronos Group, Inc. (TSX:CRON) (NASDAQ:CRON) and more...
Cannabis Wheaton Income Corp. (TSXV:CBW) (OTC:CBWTF)
Shares of Cannabis Wheaton Income Corp. dropped 5.47% today on lower than average trading volume on the OTC markets, closing the day at $1.28 USD per share. Recently, the company announced that it entered into a strategic alliance agreement with Honest Inc. whereby Cannabis Wheaton will assist with the establishment and licensing of a cannabis facility focused on the research, development and commercialization of cannabis-based beverages.
Cronos Group, Inc. (TSX:CRON) (NASDAQ:CRON)
Shares of Cronos Group, Inc. dropped 7.63% on higher than average trading volume on the NASDAQ, closing the day at $7.39 USD per share. Earlier this week, Cronos announced that it would be forming a joint venture with MedMen to bring America's most recognized cannabis brand to Canadian consumers by year's end.
Namaste Technologies Inc. (CSE:N) (OTC:NXTTF)
Shares of Namaste Technologies Inc. dropped 8.64% today on lower than average trading volume on the OTC markets, closing the day at $1.48 USD per share. This morning, Namaste announced that it has signed a non-binding Terms Sheet with PharmaCann Pty Ltd., whereby Namaste will participate in an investment to purchase a 10% equity position in PharmaCann.
Supreme Cannabis Co Inc. (TSXV:FIRE) (OTC:SPRWF)
Shares of Supreme Cannabis Co Inc. dropped 5.41% today on lower than average trading volume on the OTC markets, closing the day at $1.40 USD per share. Earlier this week, Supreme announced that it entered into a definitive agreement where Supreme Cannabis will complete a $10,000,000 CAD strategic equity investment Lesotho-based in Medigrow.
Village Farms International Inc. (TSX:VFF) (OTC:VFFIF)
Shares of Village Farms International Inc. dropped 8.56% today on higher than average trading volume on the OTC markets, closing the day at $4.4837 USD per share. Recently, VIlalge Farms announced that Health Canada issued a Cultivation Licence for their co-owned Delta 3 greenhouse operation in partnership with Emerald Health.
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 Facebook, Twitter, StockTwits and Instagram!
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.