5 OTC Trading Ideas For Tuesday: GENH, SCNA, SRMX, NWTT, FOMC, NXMR

Following were the most active stock buzzers on Monday. 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.

Smart Cannabis Corp. (OTCMKTS:SCNA) stock was one of the notable volume movers in previous trading session as the stock fell 3% to $0.0047 with over 194K shares traded hands, compared to its average volume of 669k shares.

Smart Cannabis Corp. operates in the agriculture and cannabis industries. The company, through its subsidiary, Next Generation Farming, Inc., provides turnkey, automated, commercial greenhouses systems that improve yields and decrease water consumption for cultivators of organic food and cannabis crops. The company was founded in 2010 and is based in Loomis, California.

Saddle Ranch Media Inc. (OTCMKTS:SRMX) stock was in action in the previous trading session as the stock ended flat at $0.0007 with over 17.30 million shares traded hands, compared to its average volume of 37.07 million shares.

Sky Fidelity, Inc., a diversified technology company, provides cloud managed services (IoT), as well as solar power, satellite broadband, and WiFi camera surveillance solutions. The company offers IoT for businesses and consumers; and i-BRIGHT 7x smart surge protector, a WiFi-enabled home energy management tool. It also offers satellite broadband solutions that are used in Caribbean, disaster, duel mode tracking, education, emergency backup, mobile data, oil and gas site, RV and mobile home, supervisory control and data acquisition, telemedicine, and yacht and boat applications for live streaming video, VOIP, email, texting, and other Internet based communications.

NW Tech Capital Inc. (OTCMKTS:NWTT) stock continued to trend in a range on Monday. On Monday, the stock ended flat at $0.0007 with more than 7.28 million shares traded hands, compared to its average volume of 34.16 million shares.

NW Tech Capital, Inc., through its subsidiaries, offers mining and quarrying services. It offers mining of platinum, copper, and nickel and stone excavation services. The company was formerly known as Cybertel Capital Corporation and changed its name to NW Tech Capital, Inc. in January 2008. NW Tech Capital, Inc. was founded in 1996 and is based in Henderson, Nevada.

FOMO Corp. (OTCMKTS:FOMC) stock was in action in the previous trading session as the stock ended flat at $0.0007 with over 73.19 million shares traded hands, compared to its average volume of 109.65 million shares.

FOMO Corp., through its subsidiaries, provides germicidal disinfection of air and hard surfaces across the commercial and residential landscape. It also offers personal protective equipment, as well as turn-key lighting solutions for a range of clients. In addition, it provides energy efficiency consulting and sustainability solutions. The company was formerly known as 2050 Motors, Inc. and changed its name to FOMO Corp. in December 2019. FOMO Corp. is based in Chicago, Illinois.

NextMart Inc. (OTCMKTS:NXMR) stock was in action in the previous trading session as the stock ended down by 1% to $0.0830 with over 848K shares traded hands, compared to its average volume of 1.81 million shares.

The company announced that the “Shell Company” status from the Company’s landing page with OTC Markets, Inc. (“OTC Markets”) has been removed.

William Bouyea (CEO of the Company), states…”We no longer met the definition of a Shell Company with OTC Markets upon completion of our initial acquisition in January 2022.”

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