TREES Corporation (OTCMKTS:CANN – Get Free Report)’s stock price passed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $0.02 and traded as low as $0.0164. TREES shares last traded at $0.0195, with a volume of 12,368 shares changing hands.
TREES Trading Down 0.5%
The firm has a market cap of $2.29 million, a P/E ratio of -0.99 and a beta of -0.48. The company’s fifty day moving average price is $0.02 and its two-hundred day moving average price is $0.02.
TREES Company Profile
TREES Corporation is a Canadian cannabis company that operates in the adult-use cannabis retail sector. The company serves consumers through retail locations under the Trees Cannabis brand, offering a range of regulated cannabis products and related merchandise.
Its product selection generally includes cannabis flower, pre-rolls, concentrates, edibles, beverages, topical products and cannabis accessories. Trees’ retail operations are focused on providing product information and guidance to adult consumers while complying with applicable Canadian cannabis regulations.
The company is based in Canada and has built its business around the development and operation of cannabis stores, with a primary presence in British Columbia.
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