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Home / Market Movers / Cannabis Stock Leader: Medical Cannabis Payment Solutions (REFG) Gains 5.08% at Midday on June 9

Cannabis Stock Leader: Medical Cannabis Payment Solutions (REFG) Gains 5.08% at Midday on June 9

Medical Cannabis Payment Solutions (REFG) has a strong morning trading session on June 9, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an advance of 5.08%. After closing the previous session at $0.0571, shares of $REFG opened this morning at $0.0607 and are trading at $0.06 at the lunch break. So far, about 10,108 shares have changed hands, compared to an average of 30-day volume of 75,037 for Medical Cannabis Payment Solutions. Shares moved as high at ${round high 4} and as low as $0.0592 in AM trading action.

The share appreciation gives the company a market capitalization of $7.49 million based upon 131.18 million shares outstanding.

In the past 52 weeks, shares of Medical Cannabis Payment Solutions have traded as low as $0.02 and as high as $0.085. Technical traders will take note that at $0.06, shares of $REFG are trading above their 50-day moving average (MA) at $0.057 and above their 200-day MA at $0.05. 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 $REFG?

Medical Cannabis Payment Solutions Inc is a medical cannabis company. It creates technologies for the emerging cannabis industry. It is the result of a holding company reorganization with Refill Energy, Inc.. The company is led by its CEO from its headquarters in Cheyenne, WY.


For more information on REFG 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 12:30PM ET.

About PotNetwork.com

PotNetwork.com is a leading publisher of market news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the legal cannabis and medical marijuana markets. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts interested in all segments, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications and market exposure. A complete disclaimer can be viewed here.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of PotNetwork.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://potnetwork.com/legal-disclaimer/.

About Jeremy Wilchek

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