Needless to say, Harvest Health & Recreation is on the list even if Robinhood and Webull users canât trade it. The bullish nature of this penny stock during 2020âs 4th quarter is hard to ignore. Itâs also one of the top penny stocks held by the MSOS ETF if youâre wondering. Since the start of October through to this week, HRVSF stock has climbed from $1.02 to $2.98. Similar to Hexo, Harvest hasnât only benefited from industry sentiment. The company has also executed on its own set of milestones and initiatives.
One of the key points of focus of traders has been the growth that Harvest experienced recently. In its last quarterly report revenue came in at $61.6 million, up 86% from the third quarter of 2019 and 11% sequentially. Adjusted EBITDA was $10.5 million, compared to $4.1 million in the second quarter of 2020. Also, as of September 30th, Harvest owned, operated, or managed 37 retail locations in seven states. This included 15 open dispensaries in Ariz