TREES Corporation (OTCMKTS:CANN – Get Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.02 and traded as low as $0.0190. TREES shares last traded at $0.0236, with a volume of 38,021 shares traded.
TREES Stock Up 7.3%
The company has a market capitalization of $2.72 million, a price-to-earnings ratio of -1.18 and a beta of -0.54. The stock’s 50-day simple moving average is $0.02 and its two-hundred day simple moving average is $0.03.
About TREES
Trees Corporation provides products and services to the regulated cannabis industry in the United States. The company operates through Retail and Cultivation segments. It operates a licensed 17,000 square foot light deprivation greenhouse cultivation facility; and retail dispensary store in Englewood, Colorado, as well as retail stores in Portland, Oregon. The company was formerly known as General Cannabis Corp. and changed its name to Trees Corporation in June 2022. Trees Corporation was incorporated in 2013 and is headquartered in Lakewood, Colorado.
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