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Today's Declining Marijuana Stocks - January 23rd 2017

January 23, 2017

Looking across our universe of marijuana stocks today, a few posted losses in today's session. 


Losing days can be a great opportunity to pick up names from your watch list on "sale", or to potentially lower your cost basis in stocks you already own. 


Below is a quick run-down of some marijuana stocks that declined in trading on Monday January 23rd, 2017 (in alphabetical order by ticker symbol). 


Cannabis Science, Inc. (OTC:CBIS


Shares of CBIS closed the days session at $0.104 per share on over two times their 30-day average volume of around 47 million shares. Compared to Cannabis Science's previous close of $0.1212 per share, this represents a 14.19% loss today. 


Diego Pellicer Worldwide, Inc. (OTC:DPWW)


Diego Pellicer Worldwide shares closed the days session at $0.35818 per share. Compared to DPWW's previous close of $0.389 per share, this represents a 10.00% loss today. Today's move occurred on 3x greater volume versus their 30-day average.


mCig, Inc. (OTC:MCIG)


Shares of mCig closed the days' trading at $0.3298 per share on greater volume than their 30-day average of 7.6 million shares. Compared to MCIG's previous close of $0.37 per share, this represents a 10.91% loss today.


Medical Marijuana, Inc. (OTC:MJNA)

Shares of Medical Marijuana, Inc. closed today's trading at 0.161868

down 3.44% from Friday's close of $0.1688. This decline in their share prices today happened on less volume than their 30-day average of around 30 million shares.


Naturally Splendid Enterprises Ltd. (TSX.V:NSP)(OTC:NSPDF)(FRA:50N)

On the Toronto Venture Exchange today shares of NSP closed down 1.59% at CAD 0.31, however their other listings in the U.S. and Europe didn't fare as well. On the Frankfurt Exchange, Naturally Splendid fell 8.66% to close the European session at €0.21. Their U.S listing finished the day down 4.64%, at $0.23 per share.




For more information and custom stock charts for any of the stocks mentioned above, be sure to check out their profiles in our marijuana stock database (also linked via tickers above). Also don't forget to connect with us on social media using the links to the right of the article. If you haven't already subscribed, be sure to sign up for our completely free newsletter below! 




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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