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Home / Market Movers / Cannabis Stock Leader: Wee-Cig International Corp (OTO:WCIG) Gains 56.0% at Midday on December 14

Cannabis Stock Leader: Wee-Cig International Corp (OTO:WCIG) Gains 56.0% at Midday on December 14

Wee-Cig International Corp (OTO:WCIG) has a strong morning trading session on December 14, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an advance of 56.0%. After closing the previous session at $0.0025, shares of $WCIG opened this morning at $0.0039 and are trading at $0.0039 at the lunch break. So far, about 105,908 shares have changed hands, compared to an average of 30-day volume of 166,122 for Wee-Cig International Corp. Shares moved as high at ${round high 4} and as low as $0.0038 in AM trading action.

The share appreciation gives the company a market capitalization of $114,681 based upon 45.87 million shares outstanding.

In the past 52 weeks, shares of Wee-Cig International Corp have traded as low as $0.0012 and as high as $0.02. Technical traders will take note that at $0.0039, shares of WCIG are trading below their 50-day moving average (MA) at $0.006 and above their 200-day MA at $0.003. 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 WCIG?

Wee-Cig International Corp is engaged in designing, developing, manufacturing, marketing & distributing electronic cigarettes and vaporizers. Its products includes; Wee-C, Wee-T & Wee-E, Wee-V, Wee-Blockz and Wee-True. The company is led by its CEO Jaclyn Cruz from its headquarters in Las Vegas, NV.

For more information on WCIG 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 12:00PM 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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