Avicanna (OTC:AVCNF) Shares Down 9.9% – Here’s Why

Shares of Avicanna Inc. (OTC:AVCNFGet Free Report) were down 9.9% on Monday . The company traded as low as $0.20 and last traded at $0.20. Approximately 13,200 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 17,369 shares. The stock had previously closed at $0.23.

Avicanna Stock Performance

The company’s fifty day simple moving average is $0.21 and its two-hundred day simple moving average is $0.24.

Avicanna Company Profile

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Avicanna Inc, a commercial-stage biopharmaceutical company, engages in the research, development, advancement, and commercialization of evidence-based cannabinoid-based products and formulations for consumer, medical, and pharmaceutical markets worldwide. It commercializes approximately thirty proprietary evidence-based finished products.

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