The top 10 lowest float stocks in all of the marijuana/cannabis sector (229 total that I found) according to equity feed and Ihub 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
What I found interesting was in addition to LCTC being the lowest float company by far, it 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 momentum play if it gets some volume and interest or can provide an update on the progress being made on it's 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!
