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Today's Marijuana Stock Laggards - February 27th, 2017

February 28, 2017

Looking across our universe of marijuana stocks, there were a few companies that had a rougher day in the markets today.

Don't immediately think of a down day as a bad thing. Think of a 10% decline in share prices as a 10% sale on the company's stock.  
 
Here is a quick run down of a few of the cannabis-related stocks that struggled in today's trading session. (in alphabetical order by symbol) As mentioned above, these stocks are all worthy of further research given the potential buying opportunities presented by down trading days. A great place to start that research is by visiting the company's profile in our marijuana stock database via the linked tickers below. 

 

CLS Holdings USA, Inc. (OTC:CLSH)

 

Shares of CLS Holdings closed today's trading session at $0.07 on volume almost 9x their 30-day average trading volume! Compared to CLSH's previous close of $0.12 per share, this represents a 41.67% loss today.

 

Cannapharmarx Inc. (OTC:CPMD)

 

CPMD shares closed today's trading session at $0.58, down 27.50% from their previous close of $0.80. Today's trading volume in Cannapharmarx shares was over 2.5 times their 30-day average volume.

 

Lighting Science Group Corp. (OTC:LSCG)

 

Lighting Science Group shares closed today's trading session at $0.056 on higher volume than their 30-day average trading volume. Compared to LSCG's previous close of $0.0632 per share, this represents a 11.39% loss today.

 

Mentor Capital, Inc. (OTC:MNTR)

 

Shares of Mentor Capital finished today's trading session at $2.35, down 6.75% from their previous close of $2.52. With over 1 million shares traded today, volume in MNTR was double their 30-day average volume. 

 

Praetorian Property, Inc. (OTC:PRRE)

 

Praetorian Property finished today's trading session at $0.965, down 9.81% from their previous close of $1.07. With 93,000 shares traded on the OTC markets today, trading volume in PRRE was lower than their 30-day average volume. 

 

Conclusion

 

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. As previously mentioned, if you see a company that catches your attention, a great place to begin further research is our marijuana stock profiles that can be found via the linked tickers above. 

 

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/.