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Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Tuesday, May 1stΒ including CanniMed Therapeutics Inc. (TSX:CMED) (OTC:CMMDF)Β and more...
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CanniMed Therapeutics Inc. (TSX:CMED) (OTC:CMMDF)
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Shares ofΒ CanniMed Therapeutics Inc.Β dropped 7.13% todayΒ on lower than average trading volume on the OTC markets, closing the day at $20.988Β USD per share. Recently,Β Aurora Cannabis gainedΒ the exclusive license to patented Sub-Lingual Wafer Technology from CTT Pharmaceutical through its ownership of CanniMed.
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Cronos Group Inc. (TSXV:CRON) (NASDAQ:CRON)
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Shares ofΒ Cronos Group Inc.Β dropped 9.99% todayΒ on higherΒ thanΒ average trading volume on the Nasdaq, closing the day at $6.22Β USD per share. Yesterday, Cronos GroupΒ announced financial results for the fourth quarter and fiscal year ended December 31, 2017.
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Shares ofΒ CV Sciences, Inc.Β dropped 11.25% todayΒ onΒ average trading volume on the OTC markets, closing the day at $0.71 USD per share. Recently, CV SciencesΒ announcedΒ that it has negotiated and prepaid the remaining balance due under its March 1, 2017 Convertible Promissory Note in cash, thus avoiding the lenderβs conversion of this amount under the terms of the Note.
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Shares ofΒ Surna Inc.Β droppedΒ 6.52%Β today on lower than average trading volume on the OTC markets, closing the day at $0.215Β USD per share. Recently,Β announcedΒ operating and financial results for the three and twelve months ended December 31, 2017.
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Shares ofΒ Terra Tech Corp.Β dropped 8.27% todayΒ on higher than average trading volume on the OTC markets, closing the day at $2.605Β USDΒ per share. Recently, Terra Tech announcedΒ its financial results for the year ended December 31, 2017.
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Tell us which marijuana stocks burned you today! Join the conversation in ourΒ Marijuana Stock Forum!
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Conclusion
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Find more about today's losers by checking out their respective profiles inΒ ourΒ global marijuana stock databaseΒ via the linked tickers above.Β To stay up to date with important developments in the cannabis industry, be sure toΒ subscribe to one or more of our free email newsletters. Also, connect with The Daily Marijuana ObserverΒ onΒ Facebook,Β Twitter,Β StockTwitsΒ andΒ Instagram!
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D/M/O
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Disclaimer
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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 (βthis siteβ) 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.