Emblem Corp (OTCMKTS:EMMBF – Get Free Report)’s stock price shot up 1.4% on Tuesday. The stock traded as high as $1.4491 and last traded at $1.40. Approximately 156,200 shares traded hands during trading, a decline of 44% from the average daily volume of 280,719 shares. The stock had previously closed at $1.38.
Emblem Price Performance
The firm’s fifty day simple moving average is $1.40 and its 200-day simple moving average is $1.40.
About Emblem
Emblem Corp. was a Canadian cannabis company focused on the cultivation, processing and sale of medical and adult-use cannabis products. Its offerings included dried cannabis, cannabis oils and other derivative products marketed under the Emblem brand.
The company served the Canadian cannabis market through federally regulated channels, including online medical-cannabis sales and the adult-use recreational market. Its business model emphasized product development, cultivation and brand-building within Canada’s legal cannabis industry.
Emblem was acquired by Aleafia Health Inc in 2020 and subsequently operated as part of Aleafia’s broader cannabis platform.
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