GTEC Holdings (TSXV:GTEC) is a cannabis penny stocks company announcing even more potential today.
It recently linked up with Namaste Technologies (TSXV:N); the e-commerce ‘everything’ cannabis store that hasn’t been dubbed the ‘Amazon’ of cannabis penny stocks for nothing.
GTEC will be supplying Namaste for online sales, but today’s announcement showcases some exciting new strains which should complement these orders.
Cannabis Penny Stocks: GTEC Holdings Announces Six New Brands
The company announced six unique cannabis brands, which could see this penny stock soar.
But before we look at those new brands in detail, it’s worth noting that GTEC is a fully-integrated cannabis penny stock company. As such, it maintains complete control of cultivating, testing, processing, marketing and selling its product.
Its focus is on premium quality craft cannabis.
Therefore, to achieve top quality craft cannabis, GTEC has developed its range using “superior marijuana genetics, small batches, indoor cultivation, optimized curing, and hand trimming.”
GTEC’s Six Unique Cannabis Brands
Each of the six brands targets a unique market. So let’s look at them!
- BLK MKT contains the highest THC strains and is designed for the more experienced user.
- COGNŌSCENTE is aimed at cannabis connoisseurs or the more sophisticated user who looks for excellence in “flavor, aroma and terpene profiles.”
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- TENZO is considered the “lifestyle brand” and offers a diverse variety of strains to its users.
- TREE HUGGER is an environmentally friendly product and is a superior line of organic cannabis.
- FN is created in partnership with First Nations partners, in honor of the first Canadians.
- GREENTEC is GTEC’s “flagship” medical strain designed to cater to suffering patients that respond positively to cannabinoids.
Cannabis Penny Stocks Rising
According to David Lynn, GTEC COO, the six new unique brands will “align well with the multifaceted nature of the craft cannabis market.”
So with a diverse portfolio, this penny stocks company is ready to serve a burgeoning market. At the time of writing, the stock is seeing a gain of 5.65%, and at $1.24, is climbing back toward $1.40—the highest level it hit back in June. Can it get there!?
Anybody’s guess.
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