HENDERSON, NV / ACCESSWIRE / January 30, 2019 / As major news is a catalyst for stocks to trend upward, we decided to highlight a few cannabis stocks in the news recently that could be on the verge of a parabolic move.
One that is a microgrid company with a best-in-class solution for the cannabis industry, Clean Spark, Inc. (CLSK), just released big acquisition news. CLSK just announced completing the acquisition of Pioneer Power Solutions, Inc. Pioneer has delivered $32 million in products since 2016 and has $5 million in backlog. This acquisition is huge for the company's bottom line. It will add $3.6 million in gross sales during early 2019 alone. CLSK is currently trading at a discount, now's the time to start your research.
Today we are highlighting: CleanSpark, Inc. (CLSK), Innovative Industrial Properties, Inc. (IIPR), KushCo Holdings, Inc. (KSHB), Aphria, Inc. (APHA), and CV Sciences, Inc. (CVSI).
Clean Spark, Inc. (CLSK) (Market Cap: $89.019M, Share Price: $2.24)
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. 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.
Now's a good time to start your research on the CLSK.
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Another ancillary cannabis play to watch is Innovative Industrial Properties, Inc. (IIPR) (Market Cap: $575.306M, Share Price: $58.85), a real estate investment trust that specializes in the medical marijuana industry. A REIT allows investors to pool their money to own real estate properties and it has a unique distinction that provides some safety for investors: REITs are required to distribute at least 90% of taxable income to shareholders as dividends.
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KushCo Holdings, Inc. (KSHB) (Market Cap: $483.161M, Share Price: $5.50) made big news announcing fiscal 2019 Q1 revenues increased 186% year-over-year to approximately $25.3 million, setting a company record for quarterly revenue.
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Aphria, Inc. (APHA) (Market Cap: $1.813B, Share Price: $7.27) 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.
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CV Sciences, Inc. (CVSI) (Market Cap: $513.277M, Share Price: $5.35) Chief Executive Officer, Joseph Dowling, presented to and meet with investors at the 21st Annual ICR Conference in Orlando, Florida recently.
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.
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