NutraNomics (OTCMKTS:NNRX) Stock To Watch After Recent News

NutraNomics (OTCMKTS:NNRX) and The Plant senior leadership on My 3, 2022 welcomed several prospective industry decision-makers,clients, buyers as well as purchasing managers in town for attending the Hall of Flowers cannabis show. This will be in neighbouring Palm Springs, where the firm will be exhibiting in the next two days.

Trading Data

On Wednesday, NNRX stock ended flat at $0.0003 with more than 140.45 million shares, compared to volume of 209.52 million shares. The stock moved within a range of $0.0002 – 0.0004 after opening trade at $0.0003.

Key Details

Additionally, two local leaders, Gary Gardner, Mayor Pro Tem as well as Jan Pye, Council Member of the City of Desert Hot Springs. These are the ones who have joined prospective clients as well as the management for guided tour of the state of-the-art production facility in Desert Hot Springs.

Mayor Gardner gave congratulatory remarks, appreciated leadership on progress and acknowledged the sanguine impact made toward worker skills development in cannabis industry. Furthermore, he said that Jan Pye was the one who introduced the benefits of cannabis-related commerce.

NutraNomics, Inc on April 28, 2022, announced that the formal acquisition of DHS Development, Inc. dba The Plant is complete. The company has committed atleast $6.5M over next one year. This amount will be funding buying of necessary production equipment, giving tenant improvements as well as cultivation facilities for ongoing production of goods. Furthermore, it will be financing extra labour requirements and support the ongoing purchase of raw materials.

Technical Data

NNRX stock is trading below the 20-Day and 50-Day Moving averages of $0.0004 and $0.0004 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0006.