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Today's Marijuana Stock Losers - February 2nd, 2017

February 2, 2017

(Photo Credit via Max Pixel)

Today's news of Alabama Senator Jeff Sessions passing the first vote on his way towards

confirmation as the Attorney General of the United States appears to have put substantial selling pressure on may of the marijuana stocks we follow. 

 

However, some names did worse than others. Below is a run-down of some of the marijuana stocks that had a tough time in trading on Thursday February 2nd, 2017 

 

Acology, Inc. (OTC:ACOL

 

Shares of Acology, Inc. reversed yesterday's gains, closing today's session at $0.0339 down 31.65%. Trading volume in ACOL today was over four times their 30-day average volume of 18.2 million shares. 

 

CannLabs, Inc. (OTC:CANL) 

 

Shares of CANL finished today's trading session at $0.42, down $0.025, on significantly lower volume than their 30-day average volume of 68,000 shares. Compared to CannLabs' previous close of $0.445, their shares declined 5.62% today.

 

Diego Pellicer Worldwide, Inc. (OTC:DPWW)

 

Shares of Diego Pellicer Worldwide, Inc. finished today's session at $0.24, down 20.00% from the previous day's close of $0.30. This downward move happened on more than 2x their 30-day average trading volume.

 

Grow Solutions Holdings, Inc. (OTC:GRSO)

 

Shares of GRSO closed today's trading at $0.215 per share on less than their 30-day average volume of 120,000 shares. Compared to Grow Solutions' previous close of $0.24 per share, this represents a 10.42% loss today.

 

First Harvest Corp. (OTC:HVST) 

 

First Harvest Corp. shares continued Wednesday's declines to finish today's trading session at $3.50, on higher volume than their 30-day average volume. Compared to First Harvest's previous close of $3.65, their stock declined 4.10% today.

 

Conclusion

 

For more information and custom stock charts for any of the stocks mentioned above, be sure to check out their profiles in our cannabis stocks database (also linked via tickers above). Also don't forget to connect with us on social media using the links to the below of the article.

 

If you aren't already subscribed, be sure to sign up for our completely free newsletter below! 

 

Now check out today's biggest marijuana stock gainers. 

 

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/.