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Home / Market Movers / Cannabis Stock Laggard: GrowBLOX Sciences Inc (OTCQB:GBLX) Sheds 7.5% at Midday on June 16

Cannabis Stock Laggard: GrowBLOX Sciences Inc (OTCQB:GBLX) Sheds 7.5% at Midday on June 16

GrowBLOX Sciences Inc (OTCQB:GBLX) had a tough morning trading session on June 16, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 7.5%. After closing the previous session at $0.4, shares of GBLX opened this morning at 0.4 and are trading at $0.37 at the lunch break. So far, about 86,346 shares have changed hands, compared to an average 30-day volume of 86,413 for GrowBLOX Sciences Inc. Shares moved as high at $0.4 and as low as $0.36 in AM trading action.

The share depreciation gives the company a market capitalization of $18.41 million based upon 46.01 million shares outstanding.

In the past 52 weeks, shares of GrowBLOX Sciences Inc have traded as low as $0.11 and as high as $0.5499. Technical traders will take note that at $0.37, shares of GBLX are trading

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About Jeremy Wilchek

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