Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Thursday, May 17th including Aphria Inc. (TSX:APH) (OTC:APHQF) and more...
Aphria Inc. (TSX:APH) (OTC:APHQF)
Shares of Aphria Inc. dropped 7.00% today on higher than average trading volume on the OTC markets, closing the day at $9.30 USD per share. Today, Aphria announced that they have signed an agreement for Great North Distributors to serve as exclusive manufacturer's representative for Aphria's adult-use cannabis products throughout Canada.
AXIM Biotechnologies Inc. (OTC:AXIM)
Shares of AXIM Biotechnologies Inc. dropped 4.16% today on higher than average trading volume on the OTC markets, closing the day at $3.69 USD per share. Yesterday, AXIM announced that it has reached a long-term purchase agreement for pharmaceutical-grade dronabinol with Noramco.
Marapharm Ventures Inc. (CSE:MDM) (OTC:MRPHF)
Shares of Marapharm Ventures Inc. dropped 5.33% today on higher than average trading volume on the OTC markets, closing the day at $0.445418 USD per share. Recently, Marapharm announced that the fiber optic cable inspection to service its site in the North Las Vegas Apex Business Park was completed.
MedReleaf Corp. (TSX:LEAF) (OTC:MEDFF)
Shares of MedReleaf Corp. dropped 6.44% today on higher than average trading volume on the OTC markets, closing the day at $17.44 USD per share. Recently, MedReleaf and Aurora announced that they have entered into a definitive arrangement agreement whereby Aurora intends to acquire all of the issued and outstanding common shares of MedReleaf.
Zoned Properties, Inc. (OTC:ZDPY)
Shares of Zoned Properties, Inc. dropped 6.50% today on higher than average trading volume on the OTC markets, closing the day at $0.5609 USD per share. Recently, Zoned Properties announced its financial results for the three-month period ended March 31, 2018.
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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 Facebook, Twitter, StockTwits and Instagram!
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