CVSI - 5 of Today's Biggest Marijuana Stock Losers - Tuesday January 23rd
Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Tuesday, January 23rd including InMed Pharmaceuticals Inc. (CSE:IN) (OTC:IMLFF) and more...
Shares of CV Sciences, Inc.dropped 6.64% today on lower than average trading volume, closing the day at $0.4201 per share. Recently, the company announced that it has paid the January 2018 installment obligation under its March 1, 2017 Convertible Promissory Note.
Shares of InMed Pharmaceuticals Inc.dropped 5.69% today on the OTC markets lower than average trading volume, closing the day at $1.12 per share. Recently, the company closed its previously announced non-brokered private placement for gross proceeds of $9.4 Million CAD.
Shares of MassRoots, Inc.dropped 11.48% today on higher than average trading volume, closing the day at $0.54 per share. Recently, the company announced it had formed MassRoots Blockchain Technologies, Inc., a wholly-owned subsidiary of MassRoots, Inc. dedicated to developing blockchain-based solutions for the cannabis industry.
Shares of Newstrike Resources Ltd.dropped 17.27%
today on the OTC markets on higher than average trading volume, closing the day at $1.4808 per share. Today, the company announced it has adjourned the hearing for the final court order in connection with the plan of arrangement relating to the acquisition by CanniMed of Newstrike.
Shares of Sunset Island Group, Inc.dropped 13.24% today on lower than average trading volume, closing the day at $1.90 per share. It seems as if profit-taking is in effect following the company's recent announcement that the it had received its California cultivation license.
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Conclusion
Find more about today's losers by checking out their respective profiles in our global marijuana stock database via the linked tickers above. To stay up to date with important developments in the cannabis industry, be sure to subscribe to one or more of our free email newsletters. Also, connect with The Daily Marijuana Observer on Facebook, Twitter, StockTwits and Instagram!
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