Top Canadian Penny StocksStumbled into this today. As can be seen, it's 2 months old but interesting that CNNX was the first stock mentioned. GLTA
TOP PENNY STOCKS FOR 2019 – FEBRUARY 19, 2019
The Canadian Penny stocks on our list are seen as having the greatest upside for the coming year
*Share prices are as at close February 15, 2019, data obtained from Capital IQ
CANNEX CAPITAL HOLDINGS INC. (CNSX:CNNX) – $1.17 Cannabis
Cannex Group Holdings is a Canada based company with cannabis operations in Washington and California. Cannex is focused on premium indoor cultivation, extraction, manufacturing and branding of edible and derivative products, as well as retail operations. The Company’s subsidiary, BrightLeaf Development LLC, is the largest producer/processor in Washington State. Cannex plans to produce from two indoor cultivating facilities with a combined 30,000 sq. ft. and 19,000 kg/year capacity, equating to one of the highest yields in the industry at 633 grams/sq. ft. On November 26, 2018, Cannex announced a letter of agreement to combine with 4Front Holdings, a leading retail and brand development company in the U.S. cannabis sector. The combined Company will continue to trade on the CSE.
- Market Cap: $ 215.0 Million
- 7 Day Total Return: +9.3%
- 30 Day Total Return: +41.0%
- 90 Day Total Return: +39.3%