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Cannabis Stock Leader: Cgrowth Capital Inc (CGRA) Gains 8.0% at Midday on June 14

Cgrowth Capital Inc (CGRA) has a strong morning trading session on June 14, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an advance of 8.0%. After closing the previous session at $0.01, shares of $CGRA opened this morning at $0.0124 and are trading at $0.0108 at the lunch break. So far, about 256,420 shares have changed hands, compared to an average of 30-day volume of 1.59 million for Cgrowth Capital Inc. Shares moved as high at ${round high 4} and as low as $0.01 in AM trading action.

The share appreciation gives the company a market capitalization of $2.11 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 $0.0108, 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 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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