Why did MJRX.CN stock drop sharply on 03 Feb 2026?

The drop to C$0.035 reflected thin liquidity, high intraday selling, and weak small-cap sentiment in cannabis stocks. Volume jumped to **24,100.00**, which amplified price moves. No major company release explained the fall, so traders cite market dynamics and sector pressure.

What are the key support and resistance levels for MJRX.CN stock?

Near-term support is around **C$0.03** and the year low at **C$0.01**. Immediate resistance and the intraday open sit at **C$0.06**. A sustained close above **C$0.06** with volume would signal reduced downside risk.

How does Meyka AI view MJRX.CN stock and its forecast?

Meyka AI grades MJRX.CN **B (67.31)** with a HOLD suggestion. The model projects a monthly price of **C$0.04**, implying **14.29%** upside from **C$0.035**. Forecasts are model-based projections and not guarantees.

CA Stocks

MJRX.CN Global Health Clinics (CNQ) -41% 03 Feb 2026: Support near C$0.03

ByDanny Kontos February 3, 2026February 3, 2026

MJRX.CN stock plunged 41.67% during market hours to C$0.035 on 03 Feb 2026. The drop follows a sharp intraday reversal from an open of C$0.06, with volume at 24,100.00 shares, nearly four times the average of 5,613.00. Investors are watching support near the year low of C$0.01 and resistance near the day high of C$0.06. This piece looks at fundamentals, technicals, Meyka AI grading, and a short-term forecast to frame risk and potential reward for Global Health Clinics Ltd. (MJRX.CN) on the CNQ in Canada.