Hemp Stock Moves Higher on Beer Initiative

Naturally Splendid Enterprises Ltd. (TSXV:NSP), a hemp stock, rose after announcing an Exclusive Sales Agreement with Sipp Industries for hemp beer

Sean Mason | October 24, 2018 | SmallCapPower

A hemp beer sales agreement quenched the thirst of a few hemp stock investors Wednesday. Here’s some small stocks making big moves on Wednesday, October 24, 2018 (as of 4 pm EST):

Naturally Splendid Enterprises Ltd. (TSXV:NSP), a hemp stock, climbed 8% to $0.20 on Wednesday after announcing an Exclusive Sales Agreement with Sipp Industries Inc., which has received approval in the states of Colorado and Illinois to include HempOmega as an ingredient in their custom-formulated hemp beer that will be available in multiple locations throughout Colorado and Illinois.

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As well, shares of Patriot One Technologies Inc. (TSXV:PAT) gained 13% to $2.80 as the concealed weapons detection system provider said it has been invited to partner with Cisco Systems on its global innovation program, which aims to assist effective commercial deployment of the PATSCAN family of threat detection solutions.

Azincourt Energy Corp. (TSXV:AAZ), meanwhile, reported the commencement of its initial work program at the recently-acquired series of uranium-lithium exploration projects located in the Picotani volcanic field in Peru. Azincourt Energy stock moved 15% to $0.075 up following the announcement.

Finally, The Mint Corporation (TSXV:MIT) shares rose as much as 20% after the globally-certified payments company announced that it has generated strong initial results on the launch of its mobile app to a select group of over 80,000 of Mint’s payroll cardholders. The Company added that after the first two weeks more than 25% of Mint’s select payroll cardholder group are now actively using the Mint Mobile App.

To find out more about The Mint Corporation, please visit the company’s Investor Hub.

Ubika Research/SmallCapPower has received compensation from Mint to provide analyst research coverage. For full disclosure please visit here >>.

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Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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