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Today's Marijuana Stock Losers - March 14th, 2017

March 14, 2017

 

In trading on this wintery day in the Northeast, broad equity markets posted losses on muted volumes. The Dow fell 44 points, the NASDAQ Composite lost 0.32% and the S&P/TSX Composite of Canadian stocks lost 1.06%.

 

That being said, don't be discouraged when there are down days in the markets, or if you see a marijuana stock here that you've been watching. Use down days as a reminder to do additional research and see if today's lower prices might present buying opportunities. A great place to start that research is by visiting a company's stock profile using the linked ticker symbols below. 

 

Across our international cannabis stock databases, the following are a few names that posted losses in trading on Tuesday, March 14th, 2017.

 

General Cannabis Corp. (OTC:CANN)

 

General Cannabis Corp. shares closed today’s trading at $2.08, down 6.76% from their previous close of $2.25. Volume today was lower than their 30-day average trading volume of 236,000 shares.

 

Cannabis Science Inc. (OTC:CBIS)

 

Shares of Cannabis Science closed Tuesday’s trading down 7.25% at $0.0813.

Almost 18 million shares of CBIS changed hands in today's trading, lower volume than their 30-day average of 42.6 million shares.

 

United Cannabis Corp. (OTC:CNAB)

 

Shares of United Cannabis closed Tuesday’s trading at $1.63812, down 4.14% versus their previous close of $1.69. Today’s trading volume in CNAB of 194,000 shares was lower than their 30-day average volume of 426,000. 

 

Heliospectra AB (OMX NORDIC:HELIO)(OTC:HLSPY)

 

Although shares of lighting technology company, Heliospectra finished the European trading day up 1.6807%, at SEK 6.05, their U.S. listing closed deep in the red today.  HLSPY finished Tuesday’s trading at $0.74, down 3.90%. Volume today was around their 30-day average trading volume of 30,000 shares.

 

Kush Bottles Inc. (OTC:KSHB)

 

Shares of Kush Bottles closed Tuesday’s trading at $1.81, down 7.18% versus their previous close of $1.95. Today’s trading volume in KSHB of 296,000 shares was higher than their 30-day average volume.

 

Conclusion

 

If you see a stock here that interests you, don't stop, do some more research to see if today's lower prices might present a buying opportunity. A company's stock profile in our global cannabis-related stock database is a great place to continue your research. Use the linked symbols above to visit a company's profile where you can get custom charts, recent news and more.  

 

Keep current with marijuana stock and industry updates from the Daily Marijuana Observer by following us on social media and by subscribing to our free email newsletter using the links 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/.