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Home / Market Movers / Cannabis Stock Laggard: Cannabics Pharmaceuticals Inc (CNBX) Sheds 19.33% at Midday on June 14

Cannabis Stock Laggard: Cannabics Pharmaceuticals Inc (CNBX) Sheds 19.33% at Midday on June 14

Cannabics Pharmaceuticals Inc (CNBX) had a tough morning trading session on June 14, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 19.33%. After closing the previous session at $0.0595, shares of CNBX opened this morning at 0.06 and are trading at $0.048 at the lunch break. So far, about 7,300 shares have changed hands, compared to an average 30-day volume of 53,914 for Cannabics Pharmaceuticals Inc. Shares moved as high at $0.06 and as low as $0.0465 in AM trading action.

The share depreciation gives the company a market capitalization of $6.3 million based upon 105.93 million shares outstanding.

In the past 52 weeks, shares of Cannabics Pharmaceuticals Inc have traded as low as $0.021 and as high as $0.22. Technical traders will take note that at $0.048, shares of CNBX are trading

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