Medicine Man Technologies (OTCMKTS:SHWZ) Shares Up 10% – Here’s Why

Medicine Man Technologies, Inc. (OTCMKTS:SHWZGet Free Report) rose 10% on Tuesday . The stock traded as high as $0.20 and last traded at $0.11. Approximately 24,089 shares were traded during trading, a decline of 58% from the average daily volume of 57,359 shares. The stock had previously closed at $0.10.

Analysts Set New Price Targets

Separately, Benchmark reissued a “buy” rating and set a $2.50 price objective on shares of Medicine Man Technologies in a report on Wednesday, August 14th.

Check Out Our Latest Analysis on SHWZ

Medicine Man Technologies Price Performance

The stock has a fifty day moving average price of $0.14 and a 200 day moving average price of $0.24.

About Medicine Man Technologies

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Medicine Man Technologies, Inc, doing business as Schwazze, engages in the cultivation, manufacturing, distribution, and retail sale of cannabis and cannabis related products in Colorado and New Mexico. It operates through Retail, Wholesale, and Others segments. The company offers loose flower, concentrates, edibles, pre-rolls, topicals, infused beverages, and other associated cannabis products produced by cannabis vendors; and cannabis and non-cannabis products.

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