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Cannabis Stock Leader: Nhale Inc (OTO:NHLE) Advances 11.5% for December 14

Nhale Inc (OTO:NHLE) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on December 14, gaining 11.5% to close the day at $0.0223 after opening the trading day at $0.0223. Today’s rise came with about 1,000 shares changing hands, compared to an average of 30-day volume of 12,195 for Nhale Inc. Shares moved as high at $0.0223 and as low as $0.0223 in today’s action.

The share appreciation gives the company a market capitalization of $600,000 based upon 30.0 million shares outstanding.

In the past 52 weeks, shares of Nhale Inc have traded as low as $0.005 and as high as $0.055. Technical traders will take note that at $0.0223, shares of NHLE are trading below their 50-day moving average (MA) at $0.033 and below their 200-day MA at $0.027. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move above them is typically regarded as bullish.

Who is Nhale Inc?

Nhale Inc is engaged in production of herbal vaporizer pens and other legal products. Its product Nhale is an herbal vaporizer pen that includes everything needed for vaporizing dry leaf herbs, waxes, oils and e-liquids. The company is led by its CEO Lance Williams from its headquarters in Colorado Springs, CO.


For more information on Nhale Inc and other companies focused on the expanding legal cannabis and medical marijuana industries or to considered for contributing content, visit PotNetwork.com today.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

About PotNetwork.com

PotNetwork.com is a leading publisher of market news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the legal cannabis and medical marijuana markets. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts interested in all segments, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications and market exposure. A complete disclaimer can be viewed here.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of PotNetwork.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://potnetwork.com/legal-disclaimer/.

About Jeremy Wilchek

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