Med-Cannabis Pharma Inc (MCPI) had a tough morning trading session on June 10, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 12.5%. After closing the previous session at $0.08, shares of MCPI opened this morning at 0.08 and are trading at $0.07 at the lunch break. So far, about 15,000 shares have changed hands, compared to an average 30-day volume of 10,696 for Med-Cannabis Pharma Inc. Shares moved as high at $0.08 and as low as $0.07 in AM trading action.
The share depreciation gives the company a market capitalization of $4.02 million based upon 50.22 million shares outstanding.
In the past 52 weeks, shares of Med-Cannabis Pharma Inc have traded as low as $0.035 and as high as $0.42. Technical traders will take note that at $0.07, shares of MCPI are trading
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