Deveron Corp. (TSXV: “FARM”)

It’s a massive market opportunity and Deveron appears to be the early leader. It sounds complicated, but this business combines big data, carbon trading, Precision Ag . … and seems to be hugely scalable with strong repeat annual customer retention. Here it is in their own words from Deveron’s latest news release.

“Deveron is an agriculture technology company that uses data and insights to help farmers and large agriculture enterprises increase yields, reduce costs and improve farm outcomes. The company employs a digital process that leverages data collected on farms across North America to drive unbiased interpretation of production decisions, ultimately recommending how to optimize input use. Our team of agronomists and data scientists build products that recommend ways to manage fertilizer, seed, fungicide and other farm inputs better. Additionally, we have a national network of data technicians that are deployed to collect various types of farm data, from soil to drone, that build a basis of our best-in-class data layers. Our focus is the US and Canada where 1 billion acres of farmland are actively farmed annually.”

Deveron shares had a big 2020 after a couple of early years proving the concept, ramping the revenues and demonstrating the stickiness and repeat frequency of the customers. The stock capped off a 300% increase with an oversold financing demonstrating strong demand even at the recent high.

Deveron’s recent $5.7 million financing provides expansion capital and puts a nice base on the stock at $0.35 / $0.40. These investors will want to make money.

Listing on TSXV has improved liquidity and visibility with the stock more than doubling since listing in 03.

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Greencastle Resources Ltd. (TSXV: “VGN”)

Greencastle shares have been tracking Deveron in recent months. Greencastle is a founding shareholder of Deveron and owns 11 million shares. In the last 6 months, Greencastle has announced two new gold properties in Red Lake, Ontario. Greencastle is a possible restructure play for 2021. Their website also hints at cryptocurrencies going forward.

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Disclaimer: We trade actively in shares of many of the companies we discuss. We are not financial advisors. Please do your own due diligence.

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