After a busy trading week, U.S. and Canadian markets had a relatively quiet day in today's session. The Dow finished Friday's trading down 19 points, the NASDAQ Composite closed flat and the S&P/TSX Composite closed down 0.46%.
Despite a quiet trading day in broad markets, some cannabis-related stocks sold off in today's session. Don't be discouraged if you see a name from your watch-list here, instead use it as a reminder to do more research in the hopes of finding a buying opportunity.
Looking across our worldwide marijuana stock databases, here are some stocks that closed trading on Friday, March 17th, 2017 in negative territory (in alphabetical order by symbol).
Bang Holdings Corp. (OTC:BXNG)
Shares of BXNG finished Friday's trading session at $1.13, down $0.12, on more than double their 30-day average trading volume. Compared to Bang Holdings' previous close of $1.25, their shares declined 9.60% in today's trading.
Indoor Harvest Corp. (OTC:INQD)
Shares of Indoor Harvest Corp. closed today's trading at $0.435, down 1.14% from their previous close of $0.44. Over 84,000 shares of INQD changed hands in today's trading, more than double their 30-day average trading volume.
Nemus Bioscience, Inc. (OTC:NMUS)
Nemus Bioscience shares finished Friday's trading session at $0.283. Compared to Nemus' previous close of $0.29, their stock declined 2.41% today. Trading volume in NMUS was lower than their 30-day average volume of 348,000 shares.
PharmaCyte Biotech, Inc. (OTC:PMCB)
Shares of PharmaCyte Biotech closed Friday's trading at $0.08915, down 9.95% versus their previous close of $0.099. Over 7 million shares of PMCB changed hands in today's trading, more than double their 30-day average trading volume.
Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE)
Zynerba Pharmaceuticals closed today's trading session at $18.97, down 4.05% versus their previous close of $19.77. Trading volume in ZYNE was lower than their 30-day average volume of 447,000 shares.
If you see a stock here that interests you, do some more research to see if these lower prices might represent a buying opportunity. A company's stock profile in our global marijuana stock database is a great place to start that research. Use the linked symbols above to visit a company's profile where you can find custom charts, recent news and more.
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