Will Valens Company (OTCMKTS:VLNCF) stock Recover After The Recent Fall
While it is true that some cannabis companies have made a bit of a comeback at different points this year, the situation has not been as great with The Valens Company (OTCMKTS:VLNCF) stock over the past week.
The stock has been in the middle of considerable selling pressure over the past week and during the period, it tanked by as much as 13%. The Valens Company is one of the leaders in the cannabis products manufacturing space and yesterday the company announced the launch of two new flavors for Summit 10 beverage, which is one of its top-selling products. It should be noted that the product is being produced by The Valence Company in collaboration with A1 Cannabis Company.
The two flavours that are going to be introduced by the company are Summit 10 Peach Lemonade and the other one is Summit 10 Raspberry Lemonade. The two products are going to be made available as part of the THC flavored lineup of edibles and beverages that are sold by The Valens Company.
The two new flavours are manufactured with raspberry juice concentrate and natural white peach flavour. In the initial stages, the two new flavors are going to be made available in the British Columbia region by The Valens Company and later on, in the summer the products are going to be pushed into the Alberta region. The cannabis-infused beverage brand has managed highly positive reviews in Canada and it now remains to be seen if the two new flavors can carry on that tradition.
Harvest Health & Recreation Inc (HRVSF) Stock In Focus: Where Will it Go?
If you are currently looking into the stocks which have made gains this morning then one of the stocks that you could look into is that of Harvest Health & Recreation Inc (OTCMKTS:HRVSF). The company is one of the notable vertically integrated cannabis firms and operates across multiple states in the United States.
This morning the stock has taken off and gone up by as much as 7% after the company made a major announcement. The company announced this morning that it opened a new dispensary in Mesa in Arizona for the purpose of serving adult-use customers and also for medical patients. The opening of another dispensary is a major move from the company and the reaction from the market is understandable.
The new Harvest Health store is situated at 1150 W McLellan Road and is going to stay open from 8 in the morning until 10 at night from Mondays to Sundays. The opening of this dispensary further expands the company’s footprint of Arizona with its sixteenth store in the state and the second in Mesa.
The Chief Executive Officer of the company Steve White spoke about the development as well. He stated that in addition to being the home state of the company, Arizona is also one of its core markets. He went on to state that the company is looking forward to serving both patients as well as recreational customers over the age of 21 in the state. It now remains to be seen if the Harvest Health stock can further add to its gains today.
KYN Capital Group Inc (OTCMKTS:KYNC) Stock Cools Off After The Big Jump
There have been many stocks that have managed to clock significant gains over the course of the past month and one of those is the KYN Capital Group Inc (OTCMKTS:KYNC) stock. During the past month, the stock has emerged as one of the major gainers and managed to clock gains of as much as 138%.
In light of such enormous gains, it could be a good idea for investors to perhaps take a closer look at the company and some of the latest developments involving it. This morning the company is expected to be in considerable focus considering the fact that it finally released its Koinfold Pay app. The app is an ‘all in one payment solution’ mean for enterprises for receiving payments through digital assets.
It is an app that is going to allow businesses to accept payments in cryptocurrencies from any corner of the world. Merchants who use the app will be able to accept payments in some of the more popular cryptocurrencies like Litecoin, Bitcoin, Ethereum, and Bitcoin Cash among others. The payments are going to get straight to the merchant’s account and the whole thing is apparently quite quick as well as hassle-free.
In addition to that, fiat payments can also be made through the app, and more importantly, the Koinfold Pay app also works towards reducing price volatility as much as possible. Hence, it is no surprise that the stock is currently in focus among many investors and is expected to be so in the coming days.
Regen Biopharma (OTCMKTS:RGBP) Stock Resumes The Uptrend: Are You Excited?
The Regen Biopharma (OTCMKTS:RGBP) stock seems to have come into favor among many investors this week. Over the course of the past week, the Regen stock has been in the middle of a strong rally and has managed to clock gains of as much as 30%.
In light of such handsome gains, it is perhaps time for investors to take a closer look at the company and particularly at some of the recent developments. Yesterday the company released information with regards to the discussion about Regen Biopharma’s financial situation. The company revealed as of September 30, 2020, it had a cash balance of $0 but at the same time in 2019, its cash balance stood at $7885. The reduction in the cash balance was primarily down to the expenses incurred towards funding the operations of Regen.
In this regard, the company also revealed that it had an account receivable-related party to the tune of $71,186 as of September 30, 2019. On the other hand, the same figure on September 30, 2020, came in at $103192. On the other hand, it is also important to point out that the rise was also fuelled by the fact that the company got anniversary fees as well as royalties to the tune of $27424 from Zander at the end of each quarter.
Hence, it is clear to see that situation at the company may be improving and that might be one of the reasons behind the rally in the stock over the past week.
Altitude International Holdings Inc (OTCMKTS:ALTD) Stock Sees Impressive Buying Activities
After having performed strongly over the previous days, the Altitude International Holdings Inc (OTCMKTS:ALTD) stock managed to get off to a strong start this week as well. After making a key announcement yesterday, the stock soared by 9% and that rally took its gains for the past week to as much as 25%.
Yesterday the company announced that its Altitude Water systems are going to be deployed in Africa and help with providing clean drinking water to those areas which need it the most. It was also announced that the Chief Executive Officer of the company Greg Breunich is going to oversee the initial phase of the project named ‘Water to Africa’ and will be landing in Cameroon at some point this month.
At the initial phase of the initiative, Altitude International Holdings is looking to provide clean drinking water to hundreds of young people in Cameroon who are facing an acute crisis. The company has already transported as many as four of its ozone purified air to water machines to the country and these machines are expected to help Altitude International Holdings in accomplishing its early goals.
In addition to that, it should be noted by investors that through this initiative Altitude International Holdings is also looking to showcase the effectiveness of its products to global as well as African organizations. If the project turns out to be a success then it could lead to Altitude International Holdings getting hold of a similar projects in other parts of the world.
Enzolytics Inc (OTCMKTS:ENZC) Stock Sees High Volatility: What To Do Now?
One of the stocks to have gained considerable traction among investors over the course of the year so far is that of Enzolytics Inc (OTCMKTS:ENZC). Yesterday, the stock was in focus among investors once again and ended up clocking gains of as much as 19%.
There was no fresh news about the company yesterday but in case of such a rally, it might be a good move on the part of investors to perhaps consider taking a closer look at the latest developments at Enzolytics. The last time any news emerged about the company was last week when it announced Stave Sharabura was appointed as the President of RobustoMed Inc, a fully owned subsidiary of Enzolytics.
It is a major appointment for RobustoMed considering the fact that the company is currently working on the implementation of a new business model. In this new model, the company is going to work on creating global partnerships centered on medicines that are at a development stage. Sharabura is expected to help the company considerably in this regard.
He is not only going to be involved in boosting revenues at RobustoMed but also work on creating important partnerships all over the world. Some of the markets in which he is going to focus include Costa Rica and Brazil among other emerging markets. Sharabura is an experienced executive and has extensive experience in the world of international affairs. Hence, this appointment seems to have come as a source of excitement for many market participants.
Healthier Choices Management Corp (OTCMKTS:HCMC) Stock Sees Buying Interest At Lower Level
It was a pretty difficult time for Healthier Choices Management Corp (OTCMKTS:HCMC) as its patent infringement case against tobacco giant Phillip Morris USA was dismissed by the court.
The District Court for the Northern District of Georgia granted Phillip Morris USA’s motion to dismiss the patent infringement case and it came as a severe body blow to Healthier Choices Management. While the stock dropped after the announcement, the situation has changed for the company this week.
The Healthier Choices Management stock has gone off the blocks fairly strongly this morning and has managed to clock gains of as much as 23% already. In this sort of situation, it may be necessary for investors to take a closer look at the decision from the court last week.
At the time it was announced that Healthier Choices Management had fourteen days within which it could file another complaint but after suitable amendments. The company had already announced last week that it was going to file an amended complaint. Over the past months, there had been considerable focus on this patent infringement lawsuit among investors.
There had also been considerable internet chatter about the possibility of a large settlement and such speculation had also resulted in the Healthier Choices Management stock making considerable gains. It is unclear why the stock has rallied this morning but it could be a good idea for investors to keep an eye on the stock and also on the news wires with regards to any specific news.
Net Savings Link Inc (OTCMKTS:NSAV) Stock Sees Continuous Buying Buzz: What’s Up?
In recent times, the interest in blockchain and cryptocurrency companies has grown at a remarkable rate primarily due to the rise in the popularity of cryptocurrencies. One of the companies to have come into focus among many investors in recent times is Net Savings Link Inc (OTCMKTS:NSAV). This past week the stock was in considerable focus among investors as well and delivered handsome gains.
Last week, the Net Savings stock delivery gains as much as 110%, and on Friday alone, it recorded a single-day rise of 40%. The rally in the stock had possibly been triggered by the announcement from the blockchain and digital asset Technology Company with regards to its cryptocurrency exchange on July 26. The company announced that it was on track to launch the exchange on August 9, 2021.
In addition to that, the company also announced that Yuen Wong, Net Savings Link director and managing partner of the crypto exchange Bitmart will also provide a video address to the shareholders of the company this week.
At this particular address, Wong is going to provide the shareholders’ details about the status with regard to the development of the exchange. In this regard, investors also need to note the upcoming exchange is also going to carry the Net Savings name. It is one of the more ambitious projects for the company and potentially highly lucrative. With the launch of its own exchange, Net Savings is going to enter the crypto exchange industry that is worth as much as $2 trillion at this point.