HENDERSON, NV / ACCESSWIRE / January 18, 2019 / After some struggles in 2018, cannabis stocks are back in full force in 2019. Many stocks have erased their losses, or close to it.
One cannabis play that still has a way to go before it reaches its 2018 high is Clean Spark, Inc. (CLSK). The company has the best in class microgrid solution for the cannabis industry. Their mPulse software reduces the monthly electricity bill of indoor grow-houses by up to 82%! With so much headroom on the chart this may be the best time to research CLSK before the street discovers this little known company.
Today we are highlighting: CleanSpark, Inc. (CLSK), Aphria, Inc. (APHA), American Premium Water Corporation (HIPH), HEXO Corp. (HYYDF), and New Age Beverages, Inc. (NBEV)
The $3.5bn cannabis industry is one of the nation's most energy intensive, often demanding 24-hour indoor lighting rigs, heating, ventilation and air-conditioning systems at multiplying grow sites. Legal cannabis cultivation in the U.S. consumes an estimated 1.1 terawatt-hours of electricity a year, according to the 2018 Cannabis Energy Report, published by Scale Microgrid Solutions along with New Frontier Data and the Resource Innovation Institute.
No matter what you think about Cannabis, there is no doubt companies providing and managing their energy use are going to be big winners. That's why we think one of the best cannabis plays, isn't even technically a cannabis company at all. CleanSpark, Inc. (CLSK) (Market Cap: $80.35M Share Price: $2.20). CLSK is one of the top microgrid companies in the entire world, currently working with NYSE company MAC on a potential $18 million project.
CLSK has received some attention for their unique cannabis
industry microgrid solution. Their mPulse software reduces the
monthly electricity bill of indoor grow-houses by up to 82%! They
do this by virtually eliminating the demand charges that can
account for almost 50% of the utility charges for such a
facility.
CLSK also announced several highlights in its most recent letter
to shareholders. an agreement for an $18.3 million 'Zero Net
Energy' Microgrid with an S&P 500 Member Real Estate Investment
Trust (REIT), near completion on a $900,000 contract to install a
'turn-key advanced microgrid system' at the U.S. Marine Corps Base
Camp Pendleton, they have been awarded 2 patents, and they updated
an acquisition that could be a huge boost to the company's year end
revenues.
CLSK's acquisition, Pioneer Custom Electrical Products, has delivered $32 million in products since 2016 and has $5 million in backlog. They have also received a $2.4 million equipment order as part of a contract for the new U.S. Embassy in Beirut, Lebanon which should end up on CLSK's balance sheet.
Investors are anticipating CLSK's first announcement for 2019,
now's a good time to start your research on the company.
____
Aphria, Inc. (APHA) (Market Cap: $1.66B Share Price:
$6.65) ex-CEO Vic Neufeld announced he was stepping
down after short sellers alleged that he and other Aphria founders
engaged in self-dealing transactions with the big cannabis firm by
allegedly selling Latin American entities to the company at steep
markups.
-------
American Premium Water Corporation (HIPH) (Market
Cap: $3.36M Share Price: $0.06), just announced that
it entered into a financing agreement with an institutional
investor at a $0.40 valuation, ten times the current market
valuation. As part of the agreement, a substantial portion of the
Company's convertible debt will be retired. The retirement will be
reflected in the Company's 1st quarter 2019 financials.
____
HEXO Corp. (HYYDF) (Market Cap: $920.62M Share
Price: $4.67) announced that they recently reached a
construction and licensing milestone with the first phase of their
1 million sq. ft. greenhouse expansion. The expansion is ready and
licensed on time and on a budget for plants to move in.
____
New Age Beverages, Inc. (NBEV) (Market Cap: $498.44M Share Price: $6.64) signed an agreement to develop and distribute Bob Marley branded cannabis-infused beverages. The company said the deal with the estate of the deceased reggae legend leverages its own global retail distribution footprint with the brand recognition and popularity of the Bob Marley name and legacy to sell the new drink, which was introduced earlier this week
Legal Disclaimer:
This article was written by Regal Consulting, LLC ("Regal Consulting"). Regal Consulting has agreed to a three month term consulting agreement with CLSK dated 9/12/18. The agreement calls for $10,000 in cash, and 30,000 restricted 144 shares of CLSK per month. Regal and CLSK have signed an amendment to extend the contract for twelve months starting 10/10/18, and increased the cash component to $20,000 per month. CLSK has paid an additional $12,000 for services provided in November. CLSK has paid an additional $88,000 for services provided in December. CLSK has paid an additional $50,000 for services for January, and Regal expects CLSK to pay an additional $30,000 for additional services during the month of January. All payments were made directly by Clean Spark, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. CLSK was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.
http://www.regalconsultingllc.com/full legal disclaimer/
Microspeculators.com Full Legal
Disclaimer Click Here.
Contact Information:
Company Name: Microcap Speculators
Contact Person: Media Manager
Email: [email protected]
Phone: 1-702-720-6310
Country: United States
Website: http://microcapspeculators.com/
SOURCE: Regal Consulting, LLC