Penny Stocks Poised to Pop: GENH, AITX, LLKKF, OZSC, CBDL
Following were the notable penny stock buzzers in the previous session on high volume. Keep an eye on these stocks this week.
If you are interested in nanocap stocks here is one you should look into
Generation Hemp (OTCMKTS:GENH) is a pure-play hemp stock operating in the midstream sector of the industry. While most of the stocks below have cannabis components that add risk, this stock could be the best way to capitalize on the booming hemp market.
Generation Hemp (OTCMKTS:GENH) uses hemp hurd, the byproduct of hemp processing, as animal bedding, under its Rowdy Rooster brand. Studies have proven hemp hurd bedding as one of the most absorbent, non-acidic materials, with low dust. It inhibits the growth of bacteria and mold that animals may breathe in from those dusty competitors.
Hemp hurd also absorbs 235% of its weight which is far better than the closest competition (55%). That’s why GENH’s hurd is now being used to help keep garages clean through a partnership with well-known brand Gas Monkey, Generation Hemp will manufacture a spill absorbent, sourced from hemp hurd.
Generation Hemp Inc. (OTCMKTS:GENH) is also in the crypto mining business, showing just how versatile hemp can be. GENH has partnered with Massachusetts-based Cryptech Solutions, the largest volume reseller of ASICS in North America, to build ‘green energy’ plants and Bitcoin mining farms that utilize hemp as the primary power source. GENH announced the first bitcoin mining facility through a Joint Venture ‘JV’ to be installed at Generation Hemp’s 48,000 sq. foot facility in Hopkinsville, Kentucky, which also houses a hemp drying operation through its wholly-owned subsidiary GENH Halcyon Acquisition.
This plant will be able to generate 2 megawatts (‘MW’) which would allow for up to 576 mining units. Assuming 100 TH/s per unit, GENH and Crypt Solutions would be able to generate $3.65 Million in Bitcoin revenues in 1 year of operations, assuming the price of Bitcoin doesn’t drop beyond its current low.
Artificial Intelligence Technology Solutions Inc. (OTCMKTS:AITX) stock was in action in the previous trading session as the stock fell 6% to $0.0150 with over 28.55 million shares traded hands, compared to its average volume of 25.23 million shares.
The company announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received an order for 4 ROSA security robots from one of the largest privately held energy companies in the US.
Lake Resources NL (OTCMKTS:LLKKF) stock was one of the notable active movers in previous trading session as the stock gained 1.65% at $1.54 with over 897K shares traded hands, compared to its average volume of 1.23 million shares.
Lake Resources NL explores for and develops lithium brine projects in Argentina. Its flagship project is its 100% owned the Kachi lithium brine project that consists of 39 mining leases covering an area of approximately 74,000 hectares located in Catamarca province, Argentina. The company was incorporated in 1997 and is based in Sydney, Australia.
Ozop Energy Solutions Inc. (OTCMKTS:OZSC) stock continued to trend lower on Thursday. On Thursday, the stock fell 3% at $0.0036 with more than 9.56 million shares traded hands, compared to its average volume of 14.46 million shares.
Ozop Energy Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and distributes renewable energy products in the United States. It offers DC and AC power supplies, high voltage battery chargers, converters/inverters, 400hz aircraft ground support equipment, power electronic modules, and other power electronic products.
CBD Life Sciences Inc. (OTCMKTS:CBDL) stock was one of the most active stock buzzers. The stock ended flat at $0.0003 with 143.39 million share traded hands, compared to its average volume of 93.22 million shares.
The company through its wholly owned subsidiary, LBC Bioscience Inc. announced that the company is introducing new powerful Delta-9 Gummies. LBC Bioscience Inc. is always producing products to satisfy customers and this product is over the top outstanding! The improved gummies the company is introducing are Raspberry Sherbet flavored packed with 200MG of Delta-9 and 400MG of CBD. LBC’s Gummies use a harmonizing 2:1 blend of CBD and Delta-9 for an overall balanced, elevated experience.