Cannabis Sativa (OTCMKTS:CBDS) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Cannabis Sativa, Inc. (OTCMKTS:CBDSGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.03 and traded as low as $0.0191. Cannabis Sativa shares last traded at $0.0193, with a volume of 298,463 shares traded.

Cannabis Sativa Price Performance

The company’s 50-day moving average is $0.02 and its 200 day moving average is $0.03.

Cannabis Sativa Company Profile

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Cannabis Sativa, Inc, through its subsidiaries, focuses on the research, development and commercialization of pharmaceutical products derived from the cannabis plant. The company maintains a proprietary library of natural and synthetic cannabinoids and is advancing a range of preclinical and early-stage clinical programs targeting central nervous system, oncology and rare disease indications. Its efforts aim to leverage the therapeutic potential of cannabinoid molecules to address unmet medical needs.

In pursuit of its research objectives, Cannabis Sativa collaborates with academic institutions, contract research organizations and biopharmaceutical partners.

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