Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Wednesday, May 2nd including Cronos Group Inc. (TSXV:CRON) (NASDAQ:CRON) and more...
Shares of Affinor Growers Inc.dropped 5.88%
today on lower than average trading volume on the OTC markets, closing the day at $0.08 USD per share. Today, Affinor announced that the company has appointed Randy Minhas, C.Dir, CPA, CA, BBA as the Company’s new Chief Financial Officer effective immediately.
Shares of AXIM Biotechnologies, Inc.dropped 5.54%
today on lower than average trading volume on the OTC markets, closing the day at $4.43 USD per share. Recently, AXIM announced that the company has secured additional funding needed to further its clinical development program through S-3 stock purchases.
Shares of Cronos Group Inc.dropped 6.59%
today on higher than average trading volume on the Nasdaq, closing the day at $5.81 USD per share. Recently, Cronos Group announced financial results for the fourth quarter and fiscal year ended December 31, 2017.
Shares of General Cannabis Corp.dropped 5.75% today on lower than average trading volume on the OTC markets, closing the day at $4.10
USD per share. Recently, General Cannabis announced that it completed the closing of a private placement transaction with various private parties, including existing and new investors in General Cannabis.
Shares of Scotts Miracle-Gro Companydropped 8.38%
today on higher than average trading volume on the NYSE, closing the day at $77.52 USD per share. Yesterday, Scotts announced company-wide sales decreased 7 percent in its fiscal second quarter primarily due to a delayed start to the lawn and garden season in the United States.
Tell us which marijuana stocks burned you today! Join the conversation in our Marijuana Stock Forum!
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!
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.