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Benzinga highlights penny stocks trading below $0.10
The coverage focuses on high-risk, speculative names trading at extremely low prices, including firms tied to hemp-derived cannabinoids and to blockchain themes.
Benzinga compiled lists of penny stocks trading under $0.10 per share and urged readers to recognize the elevated risks of owning very low-priced stocks, noting that the outlook for these businesses drives the potential rewards and the downside.
One list includes Medical Marijuana Inc, describing the company as being engaged in the development, sale, and distribution of hemp oil containing naturally occurring cannabinoids, including cannabidiol, with products used by pharmaceutical, nutraceutical, and cosmeceutical industries.
Medical Marijuana Inc’s product lineup, as described by Benzinga, includes CBD capsules, CBD tinctures, vaporizers, and hemp foods.
In a separate Benzinga list, the outlet also spotlighted blockchain penny stocks, framing the theme as an opportunity to enter the sector while some names remain in penny stock territory.