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Cannabis Stock Leader: Emerald Health Therapeutics Inc. (EMH:CA) Gains 5.26% at Midday on June 10

Emerald Health Therapeutics Inc. (EMH:CA) has a strong morning trading session on June 10, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an advance of 5.26%. After closing the previous session at $0.19, shares of $EMH:CA opened this morning at $0.195 and are trading at $0.2 at the lunch break. So far, about 10,243 shares have changed hands, compared to an average of 30-day volume of 43,625 for Emerald Health Therapeutics Inc.. Shares moved as high at ${round high 4} and as low as $0.195 in AM trading action.

The share appreciation gives the company a market capitalization of $10.29 million based upon 54.17 million shares outstanding.

In the past 52 weeks, shares of Emerald Health Therapeutics Inc. have traded as low as $0.135 and as high as $0.485. Technical traders will take note that at $0.2, shares of $EMH:CA are trading above their 50-day moving average (MA) at $0.19 and below their 200-day MA at $0.202. 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 $Emerald Heal?

Emerald Health Therapeutics Inc through its wholly-owned subsidiary is engaged in cultivation and selling of medical cannabis out of its facility located in Victoria, British Columbia.. The company is led by its CEO Bin Huang from its headquarters in Victoria, BC.

For more information on Emerald Heal 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 12:30PM ET.

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DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of 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:

About Jeremy Wilchek

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