In Friday’s trading session, Metrospaces Inc (OTC: MSPC) surged 36.36% to $0.0015. Metrospaces’ stock volume was 1.98B, compared with its Average Weekly Volume of 765.16M. With MSPC’s stock rising despite no current news, we can consider recent developments to gain a deeper insight into the company.

Has MSPC been doing well lately?

A Prop-tech company, Metrospaces combines cutting-edge technology and real estate to increase efficiency in the industry. Previously, MSPC designed, built, developed, managed, and sold condominiums. Latin America is one of MSPC’s target markets.

Metrospaces just recently announced that it has invested in Good Hemp Inc., a company focused on bringing consumers healthier and more vibrant products.

• Over the course of quite some time, MSPC has been in communication with Good Hemp management, exploring different strategies for collaborating with them.
• Good Hemp stands out because of its business strategy, partnerships and recent acquisitions.
• Since 2013, Good Hemp has been providing hemp energy drinks, CannaHemp, to people all over the world.
• In recent years, they have acquired Diamond Creek Water, a brand that ranks in the top 20 high alkaline water brands.
• It will also streamline production and supply chain efforts, as they will be able to build strong retail relationships.
• In addition, Good Hemp has teamed up with Dr. Jason Minsky for the launch of Good Hemp Wellness.

How well does the investment match MSPC’s strategy?

In terms of complementary activities, Metrospaces (MSPC) is exploring very innovative technology for agriculture using drone and artificial intelligence yield monitoring, as well as cross-vertical applications that cross the newly announced PropTech vertical. This ties in very well with MSPC’s goal of investing in real estate assets which use technology to enhance production performance.