Buy Green Thumb Industries Stock, Bearish Trend For Labor Smart Inc Stock, CGX Energy Inc Stock Hits All-Time High, Bearish Trend For Grayscale Ethereum Stock

Green Thumb Industries Inc (OTCMKTS: GTBIF) stock trades at $32.25

Green Thumb Industries Inc (OTCMKTS: GTBIF) stock closed at $32.25 (up 0.97%) on June 25, 2021. The cost gained 12.80% in the past week. Investors can buy this stock for a target of $35 with a strict stop loss at $28.59.

Green Thumb completed the takeover of Liberty Compassion, Inc on June 01, 2021. The takeover helps the company to improve its manufacturing and cultivation capacity. It also gains West Springfield and Boston-based medical cannabis dispensaries.

The company posted a growth of 89.5% YoY in Q1 2021, revenues to $194.4 million. It raised $156 million in February 2021 through an IPO of 4.7 million shares in the US. 

Labor Smart Inc (OTCMKTS: LTNC) stock trades at $0.013

Labor Smart Inc (OTCMKTS: LTNC) stock dropped to $0.013 (down 6.57%) on June 25, 2021. The stock pared 57.33% in the past month. Its trend is bearish. 

CGX Energy Inc (OTCMKTS: CGXEF) stock trades at $2.19

CGX Energy Inc (OTCMKTS: CGXEF) stock closed at $2.19 (up 31.93%) on June 25, 2021. The stock rose by 115.02% in the past week. It hit an all-time high. 

CGX Energy completed a $19 million loan agreement with Frontera Energy Corporation. The company will use the proceeds to support the financing of the Berbice Deepwater Port, Demerara and Berbice blocks, and Corentyne.

Grayscale Ethereum (OTCMKTS: ETCG) stock trades at $26.48

Grayscale Ethereum (OTCMKTS: ETCG) stock closed at $26.48 (down 8.47%) on June 25, 2021. The stock pared 43.18% in the past month. Its trend is bearish. Support for this stock is at $25. However, investors can add this stock at $22. 

Grayscale Investments parent company – Digital Currency Group, will buy shares worth $50 million of Grayscale Ethereum Classic Trust. 

Digital Currency Group is flush with cash and will mop up the shares from the open market.

Related Posts

About The Author