Cannabis and Tech Plays to Watch

ACCESSWIRE - finance.yahoo.com Posted 5 years ago

HENDERSON, NV / ACCESSWIRE / February 11, 2019 / The Technology and Cannabis sectors have been on fire recently. Between solid numbers and M&A activity, these industries could win 2019; here are several plays in each sector you should take a look at. For instance, Maxwell Tech who was just snatched up by Tesla had us on the hunt for another tech acquisition candidate. We think an interesting play could be Gopher Protocol Inc. (GOPH), an Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies company that just finished an eight-city roadshow in Europe with Swiss Growth Forums. The company was also just added to the LD Micro Index, the index consists of 1000 companies and only 4% are OTC listed, which makes GOPH’s addition all that more impressive. Currently, GOPH is coming off support which means now is an ideal time to research the company.

Today we are highlighting: Gopher Protocol Inc. (GOPH), Maxwell Technologies, Inc. (MXWL), Cronos Group, Inc. (CRON), Canopy Growth Corporation (CGC), and Aphria, Inc. (APHA).

Gopher Protocol Inc. (GOPH) (Market Cap: $81.342M, Share Price: $0.39) specializes in the development of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global mesh network technology platform for both mobile and fixed solutions. The company has been making major strides in the past few weeks. GOPH has initiated testing multiple antenna types and configurations as part of the final phase of development for its mesh network gateway device. Antennas are a crucial part of any wireless system, being the central communicator between wireless clients, so this announcement was very promising.

GOPH released even more promising news last week, announcing the completion of its distributed artificial intelligence (DAI) working model for their AI system and is now in the implementation stage. The implementation of DAI is intended to be a key block to enable dynamic learning, planning, and fast decision making. It is intended to also enable greater computation power and spatial distribution of Avant! computing resources. This system is planned to coordinate and synchronize between Avant! mobile app and its web application. Distributed Artificial Intelligence (DAI) is a predecessor of the field of Multi-Agent Systems and is typically used for self-organized systems. Avant! DAI system is targeted to include interacting intelligent agents in order to solve problems that are highly difficult for an individual agent to solve. GOPH scheduled to test its DAI system in mid-May 2019.

With everything it is developing, GOPH could come back from Europe with good news for their early investors.

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Maxwell Technologies, Inc. (MXWL) (Market Cap: $213.754M, Share Price: $4.66) was acquired by Tesla in a $218 million deal that should see the electric car maker produce more efficient, longer-lasting batteries for its vehicles.

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Cronos Group, Inc. (CRON) (Market Cap: $3.509B, Share Price: $19.55) announced in early December 2018 that it had entered into a subscription agreement with Altria Group, Inc., one of the leading tobacco brands in the world, pursuant to which Altria agreed to make an approximately C$2.4 billion equity investment in Cronos Group on a private placement basis in exchange for common shares in the capital of the Company.

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Canopy Growth Corporation (CGC) (Market Cap: $15.576B, Share Price: $45.47) recently announced it will establish within the Hemp Industrial Park large-scale production capabilities focused on hemp extraction and product manufacturing within the United States. Depending on Board approval of a specific site, Canopy Growth intends to invest between $100 million USD and $150 million USD in its New York operations, capable of producing tons of hemp extract on an annual basis.

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Aphria, Inc. (APHA) (Market Cap: $2.327B, Share Price: $9.43) shares were down after the Canadian cannabis company officially rejected a hostile takeover bid by Green Growth Brands Inc. Aphria's board unanimously recommended that shareholders reject the hostile bid on the grounds that the deal undervalues the company and the takeover would result in delisting from the Toronto Stock Exchange and New York Stock Exchange.

Legal Disclaimer:

This article was written by Regal Consulting, LLC (''Regal Consulting''). Regal Consulting has agreed to a two-month term consulting agreement with GOPH dated 12/31/18. The agreement calls for $100,000 in cash per month. All payments were made directly by Gopher Protocol, 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. GOPH 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.

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