Cannabis Companies on the Rise

HENDERSON, NV / ACCESSWIRE / February 12, 2019 / Stocks in the cannabis space are having a huge start to 2019. Below are several you should be taking a close look at. One we think you should research right away is CleanSpark, Inc. (CLSK). The company has developed a microgrid power solution for the cannabis industry that cuts the monthly electricity bill of indoor grow-houses by up to 82%! 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 CLSK's addition all that more impressive. Now's the time to research CLSK, they just completed the acquisition of Pioneer Power Solutions, Inc.; Pioneer has delivered $32 million in products since 2016 and has $5 million in backlog; the company will add $3.6 million in gross sales to CLSK's bottom line during early 2019 alone. Start your research today.

Today we are highlighting: CleanSpark, Inc. (CLSK), Aurora Cannabis (ACB), Aphria, Inc. (APHA), New Age Beverages Corporation (NBEV), and Tilray, Inc. (TLRY).

CleanSpark, Inc. (CLSK) (Market Cap: $153.1M Share Price: $3.69) is one of the top microgrid companies in the entire world. CLSK is currently working with NYSE company MAC on a project that could be worth $18 million, factor in the acquisition of Pioneer Power, and you are looking at a company with fundamentals to support a much higher share price.

One thing that could be the catalyst for CLSK is their potential in the cannabis industry. When a stock starts to gain a following among pot investors, millionaires are made overnight. Ask early investors in GW Pharma, Canopy Growth, or Cronos Group. The fact that CLSK's mPulse software reduces the monthly electricity bill of indoor grow-houses by up to 82% is a game changer. With Legal cannabis cultivation consuming U.S. an estimated 1.1 terawatt-hours of electricity a year, there is tremendous opportunity.

Now's a good time to start your research on CLSK, a great place to start is the company's recent letter to shareholders.

____

Aurora Cannabis (ACB) (Market Cap: $7.07B Share Price: $7.17), posted a fiscal second-quarter loss of C$237.8 million on revenue of C$54.2 million, compared with year-earlier profit of C$7.7 million on revenue of C$11.7 million. Losses in the latest quarter resulted largely from investments Aurora Cannabis made in other cannabis producers, the company said.

____

Aphria, Inc. (APHA) (Market Cap: $2.06B Share Price: $8.38), announced earlier this week that its Board of Directors decided, after much anticipation, to reject the hostile bid by Green Growth Brands Inc to acquire all of the outstanding common shares of the Company including any Common Shares that may become issued and outstanding after January 22, 2019, but prior to the expiry of the hostile bid upon the exercise, conversion or exchange of options, warrants, debentures or other securities of the Company exercisable or convertible into Common Shares, other than Common Shares owned by GGB or its affiliates, in exchange for 1.5714 shares of GGB.

____

New Age Beverages Corporation (NBEV) (Market Cap: $466.91M Share Price: $6.22) recently announced that it has signed an agreement to develop and distribute Bob Marley-branded cannabis beverages.

____

Tilray, Inc. (TLRY) (Market Cap: $7.02B Share Price: $75.42), made an announcement towards the tail-end of last week regarding the expansion of its global senior leadership team. At the time of the announcement, the Company shared news of the appointment of Sascha Mielcarek as Managing Director, Europe.

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 $100,000 for services for January. CLSK has paid an additional $30,000 for February services. 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.