AmeriCann, Inc. (OTCMKTS:ACAN) shares dropped 0.8% during trading on Wednesday . The company traded as low as $0.98 and last traded at $0.99. Approximately 17,456 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 32,820 shares. The stock had previously closed at $1.00.
The firm has a 50 day moving average price of $1.13.
About AmeriCann (OTCMKTS:ACAN)
AmeriCann, Inc operates as a specialized cannabis company in the United States. It intends to design, develop, lease, and operate cultivation, processing, and manufacturing facilities for licensed cannabis businesses in the United States. The company was formerly known as Nevada Health Scan, Inc and changed its name to AmeriCann, Inc in 2014.
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