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Cannabis Stock Leader: Nhale Inc (NHLE) Advances 26.38% for June 14

Nhale Inc (NHLE) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 14, gaining 26.38% to close the day at $0.035 after opening the trading day at $0.0285. Today’s rise came with about 96,067 shares changing hands, compared to an average of 30-day volume of 5,351 for Nhale Inc. Shares moved as high at $0.05 and as low as $0.0285 in today’s action.

The share appreciation gives the company a market capitalization of $830,850 based upon 30.0 million shares outstanding.

In the past 52 weeks, shares of Nhale Inc have traded as low as $0.005 and as high as $0.068. Technical traders will take note that at $0.035, shares of NHLE are trading above their 50-day moving average (MA) at $0.007 and above their 200-day MA at $0.013. 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 Nhale Inc?

Nhale Inc is a technology company, focusing on trends occurring in the U.S. & other countries related to the decriminalization and legalization of marijuana for medicinal or recreational purposes.. The company is led by its CEO Lance Williams from its headquarters in Houston, TX.

For more information on Nhale Inc 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 4:30PM ET.

About 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 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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