Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Thursday, August 23rd including CV Sciences, Inc. (OTC:CVSI) and more…

CV Sciences, Inc. (OTC:CVSI)

Shares of CV Sciences, Inc. dropped 8.56% today on higher than average trading volume on the OTC markets, closing the day at $6.52 USD per share. Yesterday, CVSI announced that it had fully repaid its promissory note payable to Wiltshire, LLC.

Kaya Holdings, Inc. (OTC:KAYS)

Shares of Kaya Holdings, Inc. dropped 7.76% on higher than average trading volume on the OTC markets, closing the day at $0.12 USD per share. Recently, Kaya Holdings filed its quarterly report.

Naturally Splendid Enterprises Ltd. (TSXV:NSP) (OTC:NSPDF)

Shares of Naturally Splendid Enterprises Ltd. dropped 11.89% on higher than average trading volume on the OTC markets, closing the day at $0.10 USD per share. Today, Naturally Splendid announced its financial results for the six months ended June 30, 2018.

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

Shares of Newstrike Brands Ltd. dropped 7.14% on higher than average trading volume on the OTC markets, closing the day at $0.541 USD per share. Recently, Newstrike announced that its wholly-owned subsidiary, Up Cannabis Inc., has entered into an agreement naming it to the list of official suppliers to the Ontario Cannabis Store.

United Cannabis Corp. (OTC:CNAB)

Shares of United Cannabis Corp. dropped 7.92% on higher than average trading volume on the OTC markets, closing the day at $0.709 USD per share. Recently, United Cannabis announced that it has initiated clinical trials on its Prana Bio Nutrient Medicinals P1 Capsules for the treatment of chronic pain at Jamaica's University of the West Indies.

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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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