Following were the most active stock buzzers in the previous session. Keep an eye on these stocks this week as we could see continued momentum.
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.
InnerScope Hearing Technologies Inc. (OTCMKTS:INND) stock was one of the active stock buzzer in the previous session as the stock ended flat at $0.0055 with over 17.06 million shares traded hands, compared to its average volume of 26.19 million shares.
InnerScope Hearing Technologies, Inc. provides hearing aids and its hearable, and wearable personal sound amplifier products to retail hearing aid dispensing community. The company engages in the provision of manufacturing and direct-to-consumer distribution/retail of hearing aids, personal sound amplifier products, hearing related treatment therapies, doctor-formulated dietary hearing supplements, and proprietary CDB oil for treating tinnitus.
Majic Wheels Corp. (OTCMKTS:MJWL) stock continued to trend in a range on Monday. On Monday, the stock fell 0.90% to $0.0440 with more than 3.68 million shares traded hands, compared to its average volume of 4.88 million shares.
Majic Wheels Corp. focuses on disruptive industries of Fintech and software development by means of acquisitions. The company was incorporated in 2007 and is based in Houston, Texas.
Industrial Nanotech Inc. (OTCMKTS:INTK) stock was one of the notable movers in the previous trading session as the stock fell 2% to $0.0344 with over 6.74 million shares traded hands, compared to its average volume of 15.99 million shares.
Industrial Nanotech, Inc. develops, manufactures, and markets industrial grade insulation products utilizing nanotechnology in the United States and internationally. Its products include Nansulate Translucent PT and Nansulate Translucent High Heat, which are protective thermal insulation and corrosion prevention coatings; EPX4 for total asset protection; Nansulate Translucent GP.
Digital Utilities Ventures Inc. (OTCMKTS:DUTV) stock was one of the notable volume buzzers in the previous trading session as the stock increased 4.35% to $0.0144 with over 16.56 million shares traded hands, compared to its average volume of 22.10 million shares.
Digital Utilities Ventures, Inc., through its wholly owned subsidiary, Torq Communications, Inc., provides real time video transport system for the Internet. It offers The New Last Mile, a first live Internet to TV/cell phone broadcasting system. The company is headquartered in Fort Lauderdale, Florida.
Ozop Energy Solutions Inc. (OTCMKTS:OZSC) stock was one of the notable volume buzzers in the previous trading session as the stock ended lower by 3% to $0.0237 with over 13.57 million shares traded hands, compared to its average volume of 14.52 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.