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Cannabis Stock Leader: Green Cures & Botanical Distribution Inc (GRCU) Surges 30.0% in Early Trading on June 3

Green Cures & Botanical Distribution Inc (GRCU) came out strong at the opening of trading on June 3, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an early advance of 30.0%. After closing the previous session at $0.015, shares of GRCU opened this morning at $0.0195 and are currently trading at $0.0195. So far, about 993 shares have changed hands, compared to an average 30-day volume of 414,051 for Green Cures & Botanical Distribution Inc. Shares moved as high at $0.0195 and as low as $0.0195 in today’s early action.

The share appreciation gives the company a market capitalization of $190,851 based upon 12.72 million shares outstanding.

In the past 52 weeks, shares of Green Cures & Botanical Distribution Inc have traded as low as $0.015 and as high as $0.338. Technical traders will take note that at $0.0195, shares of GRCU are trading below their 50-day moving average (MA) at $0.022 and below their 200-day MA at below $0.087. 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 led by its CEO 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 today.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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About Jeremy Wilchek

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