The OTC Markets may not get as much coverage as some of the biggest exchanges in the market but at the same time it ought to be noted there are many stocks in that particular market which may be a worth looking into.
Hence, it may be a good idea for investors to consider taking a look at some of the stocks in the OTC Markets this morning which may have considerable potential in the near to long term. Here is a quick look at six OTC Markets stocks with big potential.
Real Brands Inc (OTCMKTS:RLBD) – The first company from the OTC Markets that makes it to the list is that of Real Brands Inc. The company had come into existence following a merger with the firm Canadian American Standard Hemp Inc.
The merger was a significant one considering the fact that it brought a whole lot of processes starting from industrial scale hemp CBD extraction, processing, wholesaling and production among others under one roof. It was a major coup and the merger had taken place back in 2020.
One of the more important things that is owned by the company is Halo 5, which is a form of proprietary extraction technology and could in fact prove to be one of the engines of Real Brands’ growth in the long term. As the hemp industry continued to grow, it may be a good time for investors to keep a close eye on the Real Brands stock and its operations.
As it happens, there has not been any news about the company in recent times but back on June 2 this year, the company had made a key announcement that you may look into.
At the time, the company had announced that it had inked a letter of intent with regards to the acquisition of all the assets belonging to Boulder Botanicals and Biosciences Laboratories Inc. Boulder Botanicals is involved in the manufacturing of private label as well as white label non-CBD and CBD products. It could well prove to be a major acquisition for the company and one that could help Real Brands in unlocking long term value.
Medican Enterprises Inc (OTCMKTS:MDCN) – The next one to make it to the list is the Medican Enterprises Inc stock. Although there was no news at all about the company, the stock suffered from a steep selloff and ended up with a decline of as much as 50% on Thursday. Since there is no news, it may be a good move to consider taking a look at the nature of the company.
Medican is a biopharmaceutical company that is involved in focussing on opportunities which may lie in the recreational marijuana and medical marijuana industries. It seeks to work on all aspects of the business from growing of cannabis to retail sales. The company had been established in 1998 and is based out of Las Vegas in Nevada.
Rennova Health Inc (OTCMKTS:RNVA) – The Rennova Health Inc stock may be trading in a range but it should be noted that stocks trading in a range can also break out strongly sometimes and hence, it may be a good move to keep an eye on it. However, there has not been any news about the company for quite a while.
The last time the company was in the news was back on June 16 when its Chief Executive Officer Seamus Lagan went to The Stock Day Podcast for a chat. Lagan spoke about the company’s plans with regards to the development of a mental and behavioural health division during the interaction.
Human Unitec International Inc (OTCMKTS:HMNU) – The next one that ought to go into the watch lists this morning is the Human Unitec International Inc stock. There has not been any news about the company this week so far but last week on July 6 it had been in focus after it provided a corporate update.
The company announced at the time that it had appointed Cesana Media China as its exclusive marketing agent for the HMNU Medical Centers and for HMNU Medical Equipment. It should be noted that the first of the medical centers to have been opened by the company is the SpazioMaugeri.
Galaxy Holdings Inc (OTCMKTS:GXXY) – There has been no news about Galaxy Holdings Inc at all in recent times but the stock has been on a roll over the course of the past week and ended up with gains of as much as 233% for the period. Since there is no news, investors could do well to take a look at the company’s actual business.
Galaxy Holdings is mainly involved in the agricultural supply business and is well-known for having its own proprietary processes and systems in place. It may be a good idea to keep an eye on the stock this morning.
Renewable Energy and Power Inc (OTCMKTS:RBNW) – Yet again, there has been no news at all about Renewable Energy and Power Inc in recent times but the stock moved downwards in a big way yesterday. The company suffered from a selloff on Thursday and ended up with a decline of as much as 50%. The company is an innovative one and is engaged in the development of retrofit and new applications for LED lighting as well as solar electrical generation.
