Cannabis Plays Going Higher

ACCESSWIRE - finance.yahoo.com Posted 5 years ago

HENDERSON, NV / ACCESSWIRE / February 7, 2019 / January was a historic month for marijuana stocks. Almost all cannabis stocks reported gains last month and the top performers reported gains between 80%-90%. Some of them look positioned to go much higher. 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), Tilray, Inc. (TLRY), HEXO Corp. (NYSE American: HEXO), OrganiGram Holdings, Inc. (OGRMF), and INSYS Therapeutics, Inc. (INSY).

CleanSpark, Inc. (CLSK) (Market Cap: $98.748M, Share Price: $2.38) 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.

Tilray, Inc. (TLRY) (Market Cap: $7.281B, Share Price: $78.15) recently signed a letter of intent (LOI) with LiveWell Canada Inc. Under the terms of agreement, Tilray will buy hemp-derived CBD isolate sources in Canada and the United States. The CBD isolate that Tilray is buying from LiveWell Canada will be used for Tilray's wellness and medical products in Canada and the U.S.

HEXO Corp. (HEXO) (Market Cap: $1.086B, Share Price: $5.29) announced just before the end of last month that the Company had closed its previously announced marketed offering of 8,855,000 common shares at a price of C$6.50 per share for aggregate gross proceeds of C$57,557,500, which includes the exercise of the full over-allotment option of 1,155,000 common shares.

OrganiGram Holdings, Inc. (OGRMF) (Market Cap: $690.281M, Share Price: $5.36), a cannabis producer, just announced they are adding grow rooms which will more than triple target annual production capacity to 113,000 kg once complete.

INSYS Therapeutics, Inc. (INSY) (Market Cap: $311.933M, Share Price: $4.20) announced positive results from its dose-finding pharmacokinetic ("PK") study - INS015-18-124 -evaluating proprietary formulation of epinephrine nasal spray for treating anaphylaxis, an acute, life-threatening allergic reaction. Data from the study showed that the candidate has a similar PK profile with Mylan's MYL EpiPen as well as Par Pharmaceuticals' Adrenalin (epinephrine injection).

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 January 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.

Story continues

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: ACR Communication, LLC



View source version on accesswire.com:
https://www.accesswire.com/534701/Cannabis-Plays-Going-Higher