TREES Corporation (OTCMKTS:CANN – Get Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.04 and traded as low as $0.0331. TREES shares last traded at $0.0333, with a volume of 127,799 shares trading hands.
TREES Trading Up 5.7%
The company’s 50 day moving average is $0.04 and its 200 day moving average is $0.04. The company has a market cap of $4.05 million, a PE ratio of -1.76 and a beta of -0.59.
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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