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.
Tautachrome Inc. (OTCMKTS:TTCM) stock was one of the active stock buzzer in the previous session as the stock surged 11.54% at $0.0029 with over 9.62 million shares traded hands, compared to its average volume of 7.30 million shares.
The company eyes a dual listing as project development milestones are reached. Tautachrome securities have traded on the OTC Markets since closing the 2015 merger, while development work on the company’s intellectual and proprietary technology has taken place. In late February the company began expanding corporate development areas starting with integrity defense actions.
Jun An Kang Group Inc. (OTCMKTS:IHGP) stock continued to trend up on Tuesday. On Tuesday, the stock gained 2.83% to $0.0400 with more than 158K shares traded hands, compared to its average volume of 54K shares.
Jun An Kang Group Inc. provides infrastructure management and technology services. The company intends to restructure its business through the acquisition of additional business opportunities. The company was formerly known as Interact Holdings Group, Inc. Jun An Kang Group Inc. was founded in 1998 and is based in San Diego, California.
Neutra Corp. (OTCMKTS:NTRR) stock was one of the notable movers in the previous trading session as the stock slid 19% at $0.0013 with over 80.77 million shares traded hands, compared to its average volume of 26.91 million shares.
The company is putting the final touches on its upgraded ecommerce platforms for subsidiaries VIVIS and Deity Wellness and expects to go live within a few weeks. The improved sites’ first mission will be to support the launch of a new top-quality, high-value Deity product that will offer a robust, hemp-based alternative for the growing cannabinoid market.
SinglePoint Inc. (OTCMKTS:SING) stock was one of the notable volume buzzers in the previous trading session as the stock fell 7.20% to $0.1290 with over 726k shares traded hands, compared to its average volume of 584k shares.
SinglePoint Inc. focuses on providing renewable energy solutions and energy-efficient applications in the United States. It offers solar and air purification services; and solar installation and financing brokerage services.
Seven Arts Entertainment Inc. (OTCMKTS:SAPX) stock was one of the notable volume buzzers in the previous trading session as the stock moved down 9.10% to $0.0020 with over 11.99 million shares traded hands, compared to its average volume of 19.28 million shares.
Seven Arts Entertainment, Inc. operates as an independent motion picture production and distribution company. It acquires, develops, finances, produces, and licenses theatrical motion pictures for exhibition in theatrical markets worldwide. The company also provides its motion pictures in other forms of media, including home video, and pays and frees television.
