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Today's Marijuana Stock Laggards - March 2nd, 2017

March 3, 2017

 

Across our global database of publicly traded cannabis-related companies, a few names caught our attention as being under pressure in today's trading. 

 

As we often remind you, down days can present the opportunity to establish a position in stocks you like at potentially better prices. So, if you see a name here that catches your attention, use the losses today as a cue to do some more research on the company. A great place to begin your research is by visiting the stock's profile in our marijuana stock database through the linked ticker symbols below.  

 

That being said, the following are some marijuana stock losers in trading on Thursday, March 2nd, 2017.  

 

Aurora Cannabis Inc. (TSXV:ACB)(OTC:ACBFF)(FRA:21P)

 

As of the close of European trading earlier, shares of Aurora Cannabis in Frankfurt were up 0.43%, finishing the day at €1.87. The North American listed shares of Aurora didn't fare as well in today's trading session. On the TSX Venture, shares of ACB fell 1.17% from their previous close of CAD$2.56, finishing the day at CAD$2.52. Shares of ACBFF fared the worst in today's trading, losing 2.83% to close at $1.88. Volume in Aurora's OTC markets listing was higher than their 30-day average volume of 738,000 shares.

 

CannLabs, Inc. (OTC:CANL)

 

In trading on March 3rd, shares of CannLabs lost 11.67% from their previous close of $0.30 to finish the day at $0.265. Today's volume of 46,000 shares traded was higher than their 30-day average volume. 

 

GrowCondos, Inc. (OTC:GRWC)

 

Shares of GRWC lost 4.95% in today's trading to close the day at $0.96. Trading volume in GrowCondos today was lower than their 30-day average volume of 62,000 shares.

 

Mentor Capital, Inc. (OTC:MNTR)

 

Mentor Capital, Inc. shares finished today's trading at $2.14, down 13.01% from their previous close of $2.46. Today's volume of 493,000 shares was lower than their 30-day average trading volume of 574,000 shares. 

 

Zoned Properties, Inc. (OTC:ZDPY)

 

Shares of ZDPY fell 9.90% in today's trading, finishing the session at $1.50. Volume in Zoned Properties was around their 30-day average trading volume of 23,000 shares. 

 

Conclusion

 

If you see a company that interests you, find out more by checking out their profile in our marijuana stock database via the linked symbols above. Also, keep up with cannabis stock and industry updates from the Daily Marijuana Observer by following us on social media and by subscribing to our email newsletter found below. 

 

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/.