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Cannabis Stock Leader: Cgrowth Capital Inc (CGRA) Advances 18.1% for June 13

Cgrowth Capital Inc (CGRA) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 13, gaining 18.1% to close the day at $0.0124 after opening the trading day at $0.0127. Today’s rise came with about 985,672 shares changing hands, compared to an average of 30-day volume of 1.58 million for Cgrowth Capital Inc. Shares moved as high at $0.0127 and as low as $0.0083 in today’s action.

The share appreciation gives the company a market capitalization of $2.22 million based upon 211.05 million shares outstanding.

In the past 52 weeks, shares of Cgrowth Capital Inc have traded as low as $0.0008 and as high as $0.019. Technical traders will take note that at $0.0124, shares of CGRA are trading below their 50-day moving average (MA) at $0.013 and above their 200-day MA at $0.004. 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 CGRA?

CGrowth Capital Inc provides support and processing applications for itself and land owners specific to the exploration, mining, and processing of precious metal ores and mineral, as well as other commodities, such as oil and gas.. The company is led by its CEO from its headquarters in Silverdale, WA.


For more information on CGRA 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 4:30PM 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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