Recently, the company achieved total sales growth of 21% year-over-year, reaching $78.1 million in Q1 2024. The company’s net loss per share improved significantly to negative three cents from negative six cents in the prior year quarter, while adjusted EBITDA increased six-fold to $3.6 million. However, when you’re looking for penny stocks with upside potential, the key word is potential. If you have capital set aside for one or more speculative investments, and the time to see them come to fruition, there could be some names worth watching. Let’s examine seven penny stocks that carry bullish analyst sentiment. CRLBF stock forecast has gained attention among retail investors after Q1 sales reported a year-over-year increase of 4%. The cannabis industry reports stronger consumer demand in key states, which may support steady price appreciation into Q
