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Today's Marijuana Stock Losers - March 22nd, 2017

March 22, 2017

 

In U.S. and Canadian trading today, markets crawled back this morning's losses to finish flat to higher on the day. The Dow closed Tuesday's trading down 6.71 pointsthe NASDAQ Composite finished up 0.48%, and the TSX Composite closed up 35 points or 0.23%.

 

Despite this positive action in broad market indices, there were some cannabis related stocks that sold off in today's trading session. That being said don't be discouraged, down days can represent opportunities to add to or initiate positions in stocks you like while they are 'on sale'. 

 

Across our worldwide marijuana stock databases, here are some stocks that closed trading on Wednesday, March 22nd, 2017 in negative territory. 

 

American Cannabis Company, Inc. (OTC:AMMJ)

 

American Cannabis Company closed today's trading at $0.651, down 2.84% from their previous close of $0.67. Volume in Wednesday's session was lower than their 30-day average trading volume of 644,000 shares.

 

Earth Science Tech, Inc. (OTC:ETST)

 

Earth Science Tech shares closed Wednesday's trading at $1.70, down 14.57% from their previous close of $1.99. Trading volume in ETST today was lower than their 30-day average trading volume of 105,000 shares. 

 

Novus Acquisition & Development Corp. (OTC:NDEV)


Shares of Novus Acquisition & Development Corp. fell 10.67% in Wednesday's trading, closing at $0.47. Trading volume in NDEV of 256,000 shares was lower than their 30-day average volume of 476,000 shares. 

 

Praetorian Property, Inc. (OTC:PRRE)

 

Praetorian Property closed today's trading at $0.691877, down 13.52% from their previous close of $0.80. Volume in today's session was lower than their 30-day average trading volume of 70,500 shares. 

 

Vapir Enterprises, Inc. (OTC:VAPI)

 

Shares of Vapir Enterprises finished today's trading session down 14.06% at $0.0275. Today's trading volume of 24,000 shares was lower than their 30-day average volume of 75,000 shares. 

 

Conclusion

 

If you see a marijuana stock here that captures your curiosity, a great place to learn more is their company profile in our global marijuana stock database by using the linked ticker symbols above.

 

To keep up with what's happening in the cannabis industry be sure to connect with us on social media using the links below. If you haven't already subscribed, use the link below to get free email updates from the Daily Marijuana Observer. If you know someone who might be interested in investing in marijuana stocks, be sure to share this article with them 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/.