Penny Stocks Watchlist: CLSH, FOBIF, MLPNF, ARHTF 

The watch list is one of the most important things for any serious investor who is almost always on the lookout for the next investment. Keeping a watch list lets the investors keep an eye on the companies he fancies and this article is going to provide a look into some penny stocks which could well be worth adding to the watch list.

CLS Holdings USA Inc (OTC:CLSH) – The diversified cannabis company, which operates under the name Cannabis Life Sciences, announced yesterday that it had made path-breaking strides in terms of user experience and revenue growth through the effective integration of artificial intelligence tools. CLS Holdings USA Inc announced that it had integrated artificial intelligence tools like POSaBIT, Pluggi, and Springbig among others to achieve that.

These tools and solutions enabled the company to offer customers a new way of shopping for cannabis products. The move not only helped in boosting the consumer experience but also helped in raising the average size of the customer’s basket, thereby strengthening the position of CLS Holdings USA as a leader in the cannabis space. Additionally, the success of this integration was particularly important since it would allow it to bring about meaningful growth without having to resort to raising additional capital.

Fobi AI Inc (OTC:FOBIF) – The company is one of the leaders in deploying the power of artificial intelligence for enabling digital transformations. Yesterday Fobi AI Inc announced that the momentum in its smart transportation and city solutions had gathered steam.

The company announced that it had provided the technologies to Velez-Malaga City Council for the purpose of encouraging sustainable mobility and public transport. Due to its collaboration with Wallet-Com, the Spanish digital wallet entity, Fobi AI would earn revenues from the deal with the city council by way of a one-time set-up fee and for fees originating from each active pass.

Velez-Malaga is a municipality that is located in the Spanish province of Malaga and is well-known for its historical importance and strong commitment to sustainability. The city has come up with many initiatives directed at reducing pollution. Through this particular partnership with Wallet-Com, Fobi AI would be able to scale its wallet pass technology considerably and gain access to the customer based of Wallet-Com as well.

Millennial Potash Corp (OTC: MLPN) – On July 12 Millennial Potash Corp announced that a new universal drill rig had arrived. The rig had arrived with all the related drilling supplies and machinery at the company’s Banio Potash Project located in Gabon. It was further announced that the drill had been mobilized at the spot of the historic BA 002 drill hole as the company prepared for extending the hole to further test the presence of additional potash cycles.

The chairman of the company FarhadAbasov spoke about the latest development. He noted that the new drill rig had the capability of collecting large drill core with depths to the tune of 1200 meters. That capability was crucial for Millennial Potash Corp to explore and test the 10 potash cycles at the project.

ARHT Media Inc (OTC: ARHTF) – The company is a worldwide leader in the development, distribution, and production of low latency high-quality holograms and digital content. Yesterday, ARHT Media Inc announced that it had inked its first CAPSULE subscription with one of the major retailers in the world. The agreement, which is for a duration of three years, also includes CAPSULE Hologram Displays and Hologram Capture Kit.

The agreement had been signed under the provisions of the company’s newly launched subscription business model. The client operates more than 5000 outlets all over the world and the CAPSULE displays would be used not only at the outlets but also internally as part of communication between the global outposts.