I organized all the MJ stocks according to public float, annual revenue, and available cash. I used equity feed and Ihub for my research. The top 10 lowest float stocks in all of the marijuana/cannabis sector (229 total that I found) are as follows:
LCTC - 295,000
PETV - 610,000
AJAC - 824,000
AQSP - 835,000
GSML - 1.03 M
NTRR - 1.8 M
ANAS - 10.1 M
MNTR - 10.3 M
NGBL - 13.6 M
ETST - 13.8 M
In addition, LCTC also has the second highest revenue figure (8.83 M), and the sixth highest cash position (3.38 M).
I personally checked the float number from the annual report and came up with a float of just 192,580. This could be the single best low float momo play if it gets some volume or can provide an update on the progress being made on the marijuana breathalyzer.
Already profitable, revenues increasing, expanding into the marijuana space, an infrastructure that's already in place with the alcohol breathalyzer, and a minuscule float, I continue to think this is one of the best names to own overall. A couple thousand shares could easily move this thing over $50!
