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Today's Marijuana Stock Losers - February 9th, 2017

February 9, 2017

 

Buy low, sell high they say. Looking across our universe of marijuana stocks today, there were a few companies that had a rougher day in the markets today.

 

Don't immediately think of a declining day as a bad thing. Think of a 5% decline in share prices as a 5% sale on the company's stock.  

 

Here is a brief run-down of some declining marijuana stocks in trading on Thursday February 9th, 2017 (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.

 

Cannabis Science, Inc. (OTC:CBIS)


Cannabis Science, Inc. shares closed today's trading at 0.1161, down 10.28% from yesterdays' close of $0.1294. This decline in their share prices today happened on greater volume than their 30-day average volume of 71.4 million shares.

 

Cannabics Pharmaceuticals, Inc. (OTC:CNBX)

 

Shares of Cannabics Pharmaceuticals closed the days' trading at $1.11 per share on volume 2x their 30-day average trading volume. Compared to CNBX's previous close of $1.32 per share, this represents a 15.90% loss today.

 

First Harvest Corp. (OTC:HVST) 

 

First Harvest Corp. shares declined in Thursday's session to finish at $1.6925, on higher volume than their 30-day average volume. Compared to First Harvest's previous close of $2.00, their stock declined 15.38% today.

 

Rocky Mountain High Brands, Inc. (OTC:RMHB) 


Shares of RMHB finished today trading session at $0.1085, down 5.65% from their previous close of $0.115. With over 6 million shares trading hands today in RMHB, the trading volume in Rocky Mountain High Brands' today was below their 30-day average volume. 

 

Vapir Enterprises Inc. (OTC:VAPI)

 

Shares of VAPI closed the days trading session at $0.059396 per share on volume nearly below their 30-day average trading volume of 103,000 shares. Compared to Vapir's previous close of $0.0745 per share, this represents a 15.70% loss today.

 

Conclusion

 

To learn more about any of the stocks mentioned, check out their profile using the links above. Also, stay up to date with all of the Daily Marijuana Observer's updates by following us on social media and 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/.