Shares of Emblem Corp (OTCMKTS:EMMBF – Get Free Report) shot up 1.4% on Tuesday. The company traded as high as $1.4491 and last traded at $1.40. 156,200 shares changed hands during trading, a decline of 44% from the average session volume of 280,719 shares. The stock had previously closed at $1.38.
Emblem Price Performance
The firm has a 50-day moving average price of $1.40 and a 200-day moving average price of $1.40.
Emblem Company Profile
Emblem Corp. was a Canadian cannabis company focused on the cultivation, processing and sale of medical and adult-use cannabis products. Its offerings included dried cannabis, cannabis oils and other derivative products marketed under the Emblem brand.
The company served the Canadian cannabis market through federally regulated channels, including online medical-cannabis sales and the adult-use recreational market. Its business model emphasized product development, cultivation and brand-building within Canada’s legal cannabis industry.
Emblem was acquired by Aleafia Health Inc in 2020 and subsequently operated as part of Aleafia’s broader cannabis platform.
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