Acreage (OTCMKTS:ACRDF) Stock Price Up 11.5% – Should You Buy?

Acreage Holdings, Inc. (OTCMKTS:ACRDFGet Free Report) shares traded up 11.5% on Friday . The stock traded as high as $0.20 and last traded at $0.16. 66,614 shares traded hands during mid-day trading, an increase of 253% from the average session volume of 18,887 shares. The stock had previously closed at $0.14.

Acreage Price Performance

The firm’s 50-day moving average is $0.18 and its two-hundred day moving average is $0.28.

Acreage Company Profile

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Acreage Holdings, Inc operates in cannabis industry in the United States. It is involved in cultivating and processing cannabis plants; manufacturing branded consumer products; distributing cannabis flower and manufactured products; and retailing dosable cannabis products to consumers. The company's products appeal to medical and adult recreational use customers.

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