Acacia Diversified (OTCMKTS:ACCA) Trading Down 22.9%

Acacia Diversified Holdings Inc (OTCMKTS:ACCA) traded down 22.9% during mid-day trading on Thursday . The stock traded as low as $0.03 and last traded at $0.03. 64,010 shares were traded during mid-day trading, a decline of 82% from the average session volume of 356,240 shares. The stock had previously closed at $0.04.

In other news, CEO Richard K. Pertile bought 6,452,725 shares of Acacia Diversified stock in a transaction dated Wednesday, May 22nd. The stock was purchased at an average price of $0.04 per share, for a total transaction of $258,109.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 50.20% of the company’s stock.

Acacia Diversified Company Profile (OTCMKTS:ACCA)

Acacia Diversified Holdings, Inc engages in the extraction and processing of high-CBD/low-THC content medical grade cannabis oils from medical hemp plants in the United States. It also intends to engage in the research and development activities, as well as retail and wholesale distribution of medical hemp products and dietary supplements.

Featured Story: What is a balanced fund?

Receive News & Ratings for Acacia Diversified Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acacia Diversified and related companies with MarketBeat.com's FREE daily email newsletter.