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Cannabis Stock Laggard: Affinor Growers Inc (OTCQB:RSSFF) Sheds 10.98% in Early Trading on January 26

Affinor Growers Inc (OTCQB:RSSFF) is coming out weak in the morning trading session on January 26, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an slide of 10.98%. After closing the previous session at $0.082, shares of RSSFF opened this morning at $0.0738 and are trading at $0.073 shortly after the opening bell. So far, about 14,181 shares have changed hands, compared to an average of 30-day volume of 87,208 for Affinor Growers Inc. Shares moved as high at $0.0745 and as low as $0.073 in today’s early action.

The share depreciation gives the company a market capitalization of $9.4 million based upon 114.61 million shares outstanding.

In the past 52 weeks, shares of Affinor Growers Inc have traded as low as $0.0232 and as high as $0.1822. Technical traders will take note that at $0.073, shares of RSSFF are trading below their 50-day moving average (MA) at $0.09 and above their 200-day MA at $0.058. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath them is typically regarded as bearish.

Who is RSSFF?

Affinor Growers Inc is engaged in producing crops including romaine lettuce, spinach, strawberries and medical Marijuana, using vertical farming techniques. The company is led by its CEO from its headquarters in Vancouver, BC.

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

All data provided by QuoteMedia and was accurate as of 9:30AM ET.

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DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of 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:

About Jeremy Wilchek

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