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5 of Today's Biggest Marijuana Stock Losers - Friday, June 1st

June 1, 2018

 

Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Friday, June 1st including ABcann Global Corp. (TSXV:ABCN) (OTC:ABCCF) and more...

 

 

ABcann Global Corp. (TSXV:ABCN) (OTC:ABCCF)

 

Shares of ABcann Global Corp. dropped 6.08% today on higher than average trading volume on the OTC markets, closing the day at $1.05 USD per share. Recently, ABcann announced the launch of Beacon Medical, its new medical cannabis brand.

 

Cannabis Wheaton Income Corp. (TSXV:CBW) (OTC:CBWTF)

 

Shares of Cannabis Wheaton Income Corp. dropped 5.99% today on higher than average trading volume on the OTC markets, closing the day at $0.94 USD per share. Recently, Cannabis Wheaton announced that it has entered into a definitive acquisition agreement to acquire all of the outstanding securities of Dosecann Inc.

 

General Cannabis Corp. (OTC:CANN)

 

Shares of General Cannabis Corp dropped 4.16% today on lower than average trading volume on the OTC markets, closing the day at $3.364 USD per share. Recently, General Cannabis announced financial results for the quarter ended March 31, 2018.

 

Hiku Brands Company Ltd. (CSE:HIKU) (OTC:DJACF)

 

Shares of Hiku Brands Company Ltd. dropped 8.88% today on higher than average trading volume on the OTC markets, closing the day at $0.975 USD per share. Recently, Hiku Brands announced the filing of its financial statements and management discussion and analysis for the first quarter ended March 31, 2018.

 

WeedMD Inc. (TSXV:WMD) (OTC:WDDMF)

 

Shares of WeedMD Inc. dropped 6.22% today on higher than average trading volume on the OTC markets, closing the day at $1.37 USD per share. Recently, WeedMD reported its financial and operating results for the first quarter ending March 31, 2018.

 

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 on 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/.