Cannabis Investments Grow, Scouting the Next Winners

ACCESSWIRE - finance.yahoo.com Posted 5 years ago

HENDERSON, NV / ACCESSWIRE / February 25, 2019 / According to Marijuana Business Daily, The Public Sector Pension Investment Board (PSP) - with 153 billion Canadian dollars (USD$130 billion) of net assets - disclosed it increased its stake in Canopy Growth and took positions in three more Canadian cannabis companies recently, giving a vote of confidence to long-term value for investors in the booming industry.

CleanSpark, Inc. (CLSK) is a now a 'semi' under-the radar cannabis play that will benefit from this growth. 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%.

Today we are highlighting: CleanSpark, Inc. (CLSK), Aphria, Inc. (APHA), KushCo Holdings (KSHB), Innovative Industrial Properties Inc (IIPR).

CleanSpark, Inc. (CLSK) (Market Cap: $213.677M, Share Price: $5.15) may not be 'under the radar' much longer; the company's daily volume surged in February. The company has been doing a lot to impress investors. Besides an amazing innovation for the cannabis industry, CLSK has an up to $18 million deal with NYSE company, MAC, and has completed an acquisition adding $3.6 million in gross sales to CLSK's bottom line during early 2019 alone.

The company that counts itself as one of the very few OTC companies on the LD Micro Index (only 4% of the 1000 companies are OTC listed), has taken another step towards its growth trajectory by executing its contract outside of the United States (a tech consultant on a large industrial park in Costa Rica).

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Aphria, Inc. (APHA) (Market Cap: $2.526B, Share Price: $10.18) 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.

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KushCo Holdings (KSHB) (Market Cap: $560.48M, Share Price: $6.38), the parent company of several cannabis industry companies including Kush Supply Co., Kush Energy, The Hybrid Creative, and Koleto Innovations, announced recently they've added a ton of cache and star power to their board by adding Danny Moses, a private investor and entrepreneur best known for his role as a trader navigating the global financial crisis as chronicled in Michael Lewis's best-selling novel "The Big Short" and Adam McKay's Oscar-winning movie of the same name and Tim Seymour, Chief Investment Officer of Seymour Asset Management, best known as the co-host of CNBC's Fast Money, to the Company's Advisory Board.

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Innovative Industrial Properties Inc (IIPR) (Market Cap: $713.536M, Share Price: $72.99) found itself in headlines earlier this month when the Company announced that its operating partnership subsidiary, IIP Operating Partnership, LP, priced a private offering of $125 million aggregate principal amount of 3.75% Exchangeable Senior Notes due 2024. The Operating Partnership has granted the initial purchasers of the Notes a 30-day option to purchase up to an additional $18.75 million aggregate principal amount of the Notes to cover over-allotments if any.

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 $80,000 for services for February. 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.

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