Following were the most active stock buzzers on Friday. 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.
Kona Gold Beverage Inc. (OTCMKTS:KGKG) stock was in action in the previous trading session as the stock ended higher by 11.84% to $0.0085 with over 25.46 million shares traded hands, compared to its average volume of 22.67 million shares.
The company announced its wholly owned subsidiary, Gold Leaf Distribution, has begun to sell the Company’s new Sparkling Ooh La Lemin Lemonades into Walmart stores in South Carolina. There are 110 Walmart store locations in South Carolina and Gold Leaf Distribution has been tasked to sell all 6 new flavors of Sparkling Ooh La Lemin Lemonades into those stores. The Company’s new 12 oz Sparkling Ooh La Lemin Lemonades are also authorized in all Walmart stores nationwide.
AppSwarm Inc. (OTCMKTS:SWRM) stock continued to trend in a range on Friday. On Friday, the stock went down 7% to $0.0041 with more than 6.57 million shares traded hands, compared to its average volume of 12.45 million shares.
AppSwarm, Inc., a technology development and incubation company, focuses on the development of mobile applications and technology. It offers end-to-end services for mobile application development across various platforms, including Apple iPhone, RIM s BlackBerry, Google’s Android, and Microsoft’s Windows Mobile.
International Star Inc. (OTCMKTS:ILST) stock was in action in the previous trading session as the stock moved up 11.52% to $0.0092 with over 20.12 million shares traded hands, compared to its average volume of 26.13 million shares.
International Star, Inc. engages in the acquisition and exploration of precious and base metal mineral properties in the United States. It primarily explores for gold, silver, and other minerals. The company owns properties in the northern Black Mountains in Mohave County, Arizona. It holds interest in the Van Deemen Mine property, which consists of five unpatented lode mining claims totaling approximately 100 acres in the northern Black Mountains in Mohave County, Arizona.
Indoor Harvest Corp (OTCMKTS:INQD) stock was in action in the previous trading session as the stock ended higher by 3.20% to $0.0097 with over 7.50 million shares traded hands, compared to its average volume of 8.93 million shares.
Indoor Harvest Corp. focuses on leveraging technology and planning on vertical farming, building integrated agriculture, controlled environment agriculture, and aeroponic cultivation in the United States. It develops high pressure aeroponic platform for growing cannabis. The company also provides consulting and other services. Indoor Harvest Corp. was founded in 2011 and is based in Austin, Texas.
ALR Technologies Inc. (OTCMKTS:ALRT) stock continued to trend in a range on Friday. On Friday, the stock went up 3% to $0.0600 with more than 187K shares traded hands, compared to its average volume of 75K shares.