TM editors’ note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence.  

Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Friday, August 17th including Axim Biotechnologies, Inc. (OTC: AXIM) and more… 

Axim Biotechnologies, Inc. (OTC: AXIM)

Shares of Axim Biotechnologies, Inc. dropped 6.07% today on higher than the average trading volume on the OTC markets, closing the day at $2.01 USD per share. Recently, Axim announced positive results from stability and dissolution tests performed on its prime drug candidate, MedChew Rx®.

EVIO Inc. (OTC: EVIO)

Shares of EVIO Inc.  dropped 8.00% on higher than the average trading volume on the OTC markets, closing the day at $0.69 USD per share. Recently, EVIO provided a corporate update to shareholders.

Indoor Harvest Corp. (OTC: INQD)

Shares of Indoor Harvest Corp. dropped 10.45% on lower than the average trading volume on the OTC markets, closing the day at $0.06 USD per share. Recently, Indoor Harvest announced first quarter 2018 improvements and guidance.

Naturally Splendid Enterprises Ltd. (TSXV: NSP) (OTC: NSPDF)

Shares of Naturally Splendid Enterprises Ltd.  dropped 18.80% on higher than the average trading volume on the OTC markets, closing the day at $0.11 USD per share. Today, Naturally Splendid commented on the positive amendment to Health Canada’s publication of Subsection 56(1) Class Exemption in relation to the use of hemp under the Industrial Hemp Regulations.

Veritas Pharma Inc (CSE: VRT) (OTC: VRTHF)

Shares of Veritas Pharma Inc dropped 5.27% on lower than the average trading volume on the OTC markets, closing the day at $0.13139 USD per share. Recently, Veritas announced that it had signed a Memorandum of Understanding with IsCann Group Limited located in Be’er Tuvya, Israel.