Rubicon Organics Inc. (OTCMKTS:ROMJF – Get Free Report) was up 10.9% during trading on Wednesday. The company traded as high as $0.30 and last traded at $0.2973. 173,100 shares changed hands during mid-day trading, an increase of 547% from the average session volume of 26,752 shares. The stock had previously closed at $0.2682.
Rubicon Organics Stock Performance
The company’s 50 day simple moving average is $0.32 and its two-hundred day simple moving average is $0.34.
Rubicon Organics Company Profile
Rubicon Organics Inc is a Canadian cannabis company focused on cultivating, processing and selling premium, organically grown cannabis. The company operates a licensed cultivation facility in Delta, British Columbia, where it produces cannabis intended for the adult-use recreational market.
Rubicon’s product portfolio includes dried cannabis flower, pre-rolls, vaporizer products and other cannabis formats. Its brands include Simply Bare Organic, 1964 Supply Co and Homestead Cannabis Co, which are positioned across premium and value-oriented segments of the Canadian cannabis market.
The company distributes its products through provincial cannabis retail and e-commerce channels across Canada.
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