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Today's Marijuana Stock Laggards - January 30th 2017

January 30, 2017

Looking across our universe of marijuana stocks today, there were a handful of cannabis stocks that lagged in today's market session.


Here is a quick analysis of some marijuana stocks that sold off Monday January 30th, 2017 (in alphabetical order by symbol).


InMed Pharmaceuticals Inc. (CSE:IN)(OTC:IMLFF)


Shares of InMed Pharma. finished today's trading session at CAD$0.39, down 4.88% from their previous close of CAD$0.410. In the U.S., IMLFF finished the day at $0.29 down 8.23% from Friday's close of $0.316. With 915,000 shares traded on the OTC markets today in IMLFF, the trading volume in InMed Pharmaceuticals' today was around their 30-day average volume. 


Praetorian Property, Inc. (OTC:PRRE)


Shares of PRRE closed today's trading at $1.43 per share on over 6x their 30-day average volume! Compared to Praetorian Property's previous close of $1.98 per share, this represents a huge 27.78% loss today.


Nutritional High International, Inc. (CSE:EAT)(OTC:SPLIF)(FRA:2NU)


Shares of EAT on the Canadian Securities Exchange finished today's trading session at CAD$0.22, down 4.35% from their previous close of CAD$0.230. In the U.S. SPLIF closed at $0.1745, down 3.06% from Friday's close of $0.18. As of the European Close, shares of Nutritional High International in Frankfurt ended the day at €0.16, down 5.88% from Friday's close of €0.17. 


Vapir Enterprises, Inc. (OTC:VAPI

Shares of Vapir Enterprises, Inc.closed today's trading at $0.0786, down 10.38% from the previous day's close of $0.0877. This downward move happened on lower volume than their 30-day average trading volume of 97,000 shares.


Veritas Pharma Inc. (CSE:VRT)(OTC:VRTHF)


Shares of VRT finished today trading session at CAD$0.49, down 5.77% from their previous close of CAD$0.52. In the U.S. Veritas' shares ended down 6.13% from Friday's close of $0.40. Volume in their OTC listing was 2x their 30-day average volume of 46,000 shares. 




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