Rubicon Organics (OTCMKTS:ROMJF) Shares Down 1.7% – What’s Next?

Shares of Rubicon Organics Inc. (OTCMKTS:ROMJF – Get Free Report) were down 1.7% during trading on Thursday. The stock traded as low as $0.3220 and last traded at $0.3220. Approximately 4,037 shares traded hands during trading, a decline of 83% from the average daily volume of 23,861 shares. The stock had previously closed at $0.3275.

Rubicon Organics Price Performance

The firm’s 50 day moving average price is $0.35 and its two-hundred day moving average price is $0.35.

About Rubicon Organics

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Rubicon Organics Inc is a Canadian cannabis company focused on cultivating, processing and distributing premium organic cannabis products. The company operates a purpose-built indoor cultivation and processing facility in Delta, British Columbia, and emphasizes quality, consistency and environmentally responsible production practices.

Rubicon Organics markets cannabis flower, pre-rolls, concentrates and other product formats through brands including Simply Bare Organic, 1964 Supply Co and Homestead Cannabis Co Its products are sold through authorized provincial cannabis distribution systems and retailers across Canada, subject to applicable regulations.

Founded in 2015, the company has positioned itself as a producer of certified-organic and premium cannabis products in the Canadian market.

Further Reading

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