GreenGro Technologies, Inc. (OTCMKTS:GRNH) Is Back in the Game

GreenGro Technologies, Inc. (OTCMKTS:GRNH) is regaining some of the pace, with a stronger Monday. GRNH grew by more than 28% to 54 cents, on volumes among the highest in OTC trading, reaching $9.3 million. While this is much less than the peak days at the beginning of the month, the pot stock exceeded the buying from the last doubt-ridden week. GRNH2801.png

GRNH was last mentioned in an email of Stand Out Stocks on January 22nd, and on Monday in an analytical article. While the wildest days are behind, GRNH is still a household name when it comes to betting on the success of marijuana businesses- and marijuana stocks, in the shorter term. So GRNH holds a more lasting appeal, being only temporarily set back, and always showing more robust volumes compared to one-off wonders that are somehow related to the sector.TRTC2801.png

GRNH benefited from a mention in a commentary by USA Today reporter Matt Krantz, who mentioned the ease and affordability of those shares, but also warned against the high volatility and the potential for speculation. Still, the commentary came true in making GRNH rise faster on Monday, though the huge breakout still has not happened, and GRNH still has to prove itself in reaching the expected dollar levels.

The day was stronger for other marijuana stocks, as mainstream media coverage replaces the role of paid promotions. The extra awareness lifted up the close contender, TerraTech Corp. (OTCBB:TRTC), which added also 28% to stand at $0.48, on buying volumes above $4.95 million, as the last days are making the ticker look way more optimistic.

And just as Latteno Foods Corp. (OTCMKTS:LATF) looked as if it it would be obliterated, the stock price more than doubled. LATF added 177% in a day to reach $0.0025, on buying volumes of $1.73 million, an extremely robust day, buying record in share numbers if not in dollars, as more than a billion LATF shares were mopped up. This company, often veering to rock-bottom, is also becoming a frequent visit, as it promises direct sales of marijuana edibles, and is directly benefiting from the general mood.

The week will show how the shares develop, but the sector is still highly reactive to news. This might mean strong gains- but be aware that even temporary losses of enthusiasm may wipe out a large part of the returns. While GRNH entices with high volumes, it is still best not to over-invest.

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