Rubicon Organics (OTCMKTS:ROMJF) Shares Climb 10.9% – Time to Buy?

Rubicon Organics Inc. (OTCMKTS:ROMJF – Get Free Report) shares traded up 10.9% on Wednesday. The stock traded as high as $0.30 and last traded at $0.2973. Approximately 173,100 shares were traded during trading, an increase of 547% from the average session volume of 26,752 shares. The stock had previously closed at $0.2682.

Rubicon Organics Trading Up 10.9%

The stock’s 50-day moving average is $0.33 and its two-hundred day moving average is $0.34.

Rubicon Organics Company Profile

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Rubicon Organics Inc is a Canadian cannabis company focused on cultivating, processing and selling premium, organically grown cannabis. The company operates a licensed cultivation facility in Delta, British Columbia, where it produces cannabis intended for the adult-use recreational market.

Rubicon’s product portfolio includes dried cannabis flower, pre-rolls, vaporizer products and other cannabis formats. Its brands include Simply Bare Organic, 1964 Supply Co and Homestead Cannabis Co, which are positioned across premium and value-oriented segments of the Canadian cannabis market.

The company distributes its products through provincial cannabis retail and e-commerce channels across Canada.

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