Green Cures & Botanical Distribution Inc (OTO:GRCU) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on July 28, gaining 15.38% to close the day at $0.015 after opening the trading day at $0.0125. Today’s rise came with about 747,813 shares changing hands, compared to an average of 30-day volume of 454,526 for Green Cures & Botanical Distribution Inc. Shares moved as high at $0.0153 and as low as $0.0125 in today’s action.
The share appreciation gives the company a market capitalization of $7.89 million based upon 606.72 million shares outstanding.
In the past 52 weeks, shares of Green Cures & Botanical Distribution Inc have traded as low as $0.006 and as high as $0.0585. Technical traders will take note that at $0.015, shares of GRCU are trading above their 50-day moving average (MA) at $0.014 and below their 200-day MA at $0.021. 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 GRCU?
Green Cures & Botanical Distribution Inc is an industrial hemp and botanical product innovator providing hemp-infused nutritional supplements, sports wellness, and complete body care products. The company is working from its headquarters in Inglewood, CA.
For more information on GRCU 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.
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