TREES Corporation (OTCMKTS:CANN – Get Free Report)’s share price crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $0.02 and traded as low as $0.0175. TREES shares last traded at $0.0177, with a volume of 8,225 shares traded.
TREES Price Performance
The stock’s 50 day moving average is $0.02 and its two-hundred day moving average is $0.02. The stock has a market capitalization of $2.04 million, a PE ratio of -0.89 and a beta of -0.48.
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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