Cansortium Inc. (OTCMKTS:CNTMF – Get Free Report) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 39,903 shares, a growth of 72.7% from the July 30th total of 23,111 shares. Based on an average daily volume of 174,092 shares, the days-to-cover ratio is currently 0.2 days.
Cansortium Stock Down 5.0%
CNTMF opened at $0.02 on Tuesday. The firm’s 50-day simple moving average is $0.02 and its 200-day simple moving average is $0.03. Cansortium has a twelve month low of $0.00 and a twelve month high of $0.08.
About Cansortium
Cansortium, Inc (OTCMKTS:CNTMF) is a vertically integrated cannabis company engaged in the cultivation, manufacturing, distribution and retail of medical cannabis products in the United States. The company’s operations span from seed to sale, with dedicated cultivation facilities, extraction labs and a network of dispensaries serving registered patients.
Cansortium holds licenses and operates in multiple jurisdictions, including Florida, Pennsylvania, Louisiana, Texas and Puerto Rico. Its product portfolio encompasses cannabis flower, pre-rolls, concentrates, vape cartridges, oils, edibles and topicals, offered under brands such as The+Source, Chroma and Campfire, alongside its private-label formulations.
Founded in 2017 and headquartered in Miami, Cansortium began dispensary operations in Florida in 2018 and has since expanded its footprint into new markets.
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