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7 Best Penny Stocks Under 10 Cents

Medical Marijuana, Inc. (OTCMKTS: MJNA)

Penny Stocks is one is a low-priced marijuana stock engaged in the creation, sale, and distribution of hemp oil. This oil comprises naturally occurring cannabinoids that include cannabidiol plus other products containing CBD-rich hemp oil.

The products of this corporation are bought mainly through pharmaceutical, nutraceutical, and cosmeceutical enterprises. A few products made by this company are CDB Tinctures, CBD Capsules, Vaporizers, and Hemp foods. This is an outstanding stock to invest in under 10 cents but be careful as it has Penny Stocks significant price fluctuations.

ToughBuiltIndustries, Inc. (NASDAQ: TBLT)

They design, develop and manufacture home improvement & construction products for the building industry in the US and internationally. This stock has seen considerable growth for a couple of months, but then the fact is their price fluctuation is just another level.

Their management is striving hard to maintain its credibility with shareholders so that more and more people invest in it. But, overall, the stock is very economical at its current price, and the news of future opportunities in Latin America and Europe sounds interesting in Penny Stocks.

Thus, there are fair chances that the company can flourish even more given its pipeline of new products and bloating global reach.

World Series of Golf, Inc. (OTCMKTS: VAYK)

It is a sports entertainment company based in Las Vegas, Nevada. It entertains amateur golf tournaments and events, and recently it declared a new business direction by procuring a company called Vacaychella.

They focus on making branded products, media, games, and entertainment. In addition, this company aims to offer peer-to-peer lending services to short-term rental owners and investors. All in all, as per investors, this stock is seen as a huge winner, so investing in this penny stock can be of great benefit to you.

Great Panther Mining Limited (NYSEAMERICAN: GPL)

It is a growing gold and silver producer company focused on the Americans. In just the last couple of years, its share price has increased twice where it started. They own a diversified portfolio of assets in Mexico, Brazil, and Peru.

Great Panther focuses on building long-term stakeholder value by secure and sustainable production, pursuing acquisition opportunities to complement its existing portfolio for Penny Stocks, and reinvesting into exploration.

So far, this company is doing well, but due to some ongoing issues with permits in Mexico, the prices might dip if rejected and can increase if they get the visa. Hence, the chances are either you earn too much or fall, so the more the risk, the more profit you make.

American Rebel Holdings (OTCMKTS: AREB)

It is one of the best penny stocks under 10 cents as it has had impeccable growth in the last couple of years, and people have earned good profit through it. They deal in the requirement of gun safes and covered carry apparel and backpacks.

It is rightly said that penny stocks are risky, but you can trust them for AREB as they enjoy some fundamental justification. In addition, you would be amazed to know that from 2016 to 2019, they have seen a growth of 54X; thus, investing can be a great decision.

Elys Game Technology Corp. (NASDAQ: ELYS)

They offer online and land-based gaming services in Europe and North America. Elys claims to be the fastest-growing sports betting Service Company globally. After this news, their stock price increased, and many people invested in it Penny Stocks.

Various leisure betting services are casino gaming, lottery, sports betting, poker, bingo, online casino games, and skilled and interactive games and slots. You would be amazed to know that their price raised from up to 50% in just a day. They serve more than 1,00,000 online user accounts and 113 agency/data transmission center locations.

Fiore Cannabis Ltd. (OTCMKST: FIORF)

It is one of the best penny stocks under 10 cents with the potential of earning huge profit. Fiore was founded in April 2007 and is headquartered in Kelowna, Canada. They deal in the cultivation, production, and development of medical and recreational cannabis products.

They have various brands under their name: DIAMANTE, Weeden, Blunt Box, PURE CLOUD 9, FIORE TRIPLE CERTIFIED, and many more. In addition, they recently announced that they had restructured their debts and convertible shares, which has led to a significant improvement in the share price. All in all, it has great potential, and you can consider it an excellent option to invest in penny stocks under 10 cents.

Also Read: By using fiverr platform get handsome income work from home

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Riya Kapoor

Riya Kapoor writes about lifestyle, entertainment, news and gadgets. She has been in this industry for almost 4 years now. She is a graduate from Delhi University with English Hons and had deep connection with writing since her childhood.

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