TREES Corporation (OTCMKTS:CANN – Get Free Report)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.03 and traded as high as $0.0305. TREES shares last traded at $0.0305, with a volume of 46,925 shares trading hands.
TREES Stock Performance
The company has a market capitalization of $3.51 million, a price-to-earnings ratio of -1.53 and a beta of -0.45. The business’s 50-day simple moving average is $0.03 and its 200-day simple moving average is $0.04.
About TREES
Trees Corporation provides products and services to the regulated cannabis industry in the United States. The company operates through Retail and Cultivation segments. It operates a licensed 17,000 square foot light deprivation greenhouse cultivation facility; and retail dispensary store in Englewood, Colorado, as well as retail stores in Portland, Oregon. The company was formerly known as General Cannabis Corp. and changed its name to Trees Corporation in June 2022. Trees Corporation was incorporated in 2013 and is headquartered in Lakewood, Colorado.
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