Cansortium (OTCMKTS:CNTMF) Shares Up 22.1%

Cansortium Inc. (OTCMKTS:CNTMF)’s share price shot up 22.1% during trading on Monday . The stock traded as high as $0.79 and last traded at $0.79, 52,516 shares traded hands during mid-day trading. A decline of 4% from the average session volume of 54,901 shares. The stock had previously closed at $0.64.

Separately, Canaccord Genuity began coverage on Cansortium in a research note on Friday, June 28th. They issued a “buy” rating for the company.

The business’s 50 day simple moving average is $0.96.

Cansortium Company Profile (OTCMKTS:CNTMF)

Cansortium Inc, through its subsidiaries, produces and sells medical cannabis in the United States. It operates cultivation, processing, and dispensary facilities in Florida, Texas, and Puerto Rico; and a dispensary license in Pennsylvania. The company was founded in 2015 and is headquartered in Miami, Florida.

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