TREES Corporation (OTCMKTS:CANN – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.02 and traded as high as $0.0202. TREES shares last traded at $0.0202, with a volume of 14,222 shares traded.
TREES Stock Performance
The firm has a market cap of $2.31 million, a price-to-earnings ratio of -1.00 and a beta of -0.54. The stock’s 50 day simple moving average is $0.02 and its 200-day simple moving average is $0.03.
TREES Company Profile
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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