Investors Eye High-Tech Solution for Cannabis Growers

HENDERSON, NV / ACCESSWIRE / April 16, 2019 / In states where electricity is costly or the weather is extreme, producing cannabis, either indoors or outdoors, can be costly and difficult.

For example, in Massachusetts, the cost of electricity in the industrial sector is one of the highest in the country at 16.41 cents per kilowatt hr (kWh), whereas in Colorado, it is only 6.37 cents per kWh. Additionally, Massachusetts has average lows of 22℉ in January, a stark contrast to the temperate climate of Humboldt, California, where average January lows are 44℉.

This makes it difficult to grow outdoors in Massachusetts with traditional greenhouses. You would most likely have a very short season, having to get plants grown and harvested before the weather gets bad.

Microgrids could be one high-tech solution to this problem, due to their ability to solve the industry's energy problem. States like Massachusetts are setting regulations on the amount of energy growers can use to raise their plants. CleanSpark, Inc. (CLSK) is a microgrid cleantech on the rise. Microgrid power solution for the cannabis industry can reduce energy costs by up to 82%. This represents a huge potential revenue stream for the company. Due to this fact, the company has stated that marketing to cannabis companies is one of their top initiatives for 2019. Recently, the company closed on $5 million round of funding, engaged a firm to navigate their uplisting, and as far as currently operation go, announced the near completion of a $900k contract to install a CLSK microgrid at a U.S. Marine Corps Base and have been progressing on a $18.3 million deal with NYSE company, MAC. Continue reading to learn why now is the time to start your research on CLSK.

Today we are highlighting: CleanSpark, Inc. (CLSK), Heineken N.V. (HEINY), Kali-Extracts, Inc. (KALY), West Coast Venture Group, Corp. (WCVC), and Puration, Inc. (PURA).

In recent news, CleanSpark, Inc. (CLSK) (Market Cap: $142.956M; Share Price: $3.32) announced that it has delivered approximately $357,000 in custom electrical equipment to customers and received new orders of approximately $438,000 since the closing of the definitive agreement on January 22, 2019 to acquire the intellectual property of Pioneer Critical Power Inc. The custom equipment backlog has increased to approximately $3.9 million, an increase of approximately 8.3% from the backlog levels on the date of acquisition. Their acquisition of intellectual property of Pioneer Critical Power Inc., has already been a boon for their bottom line.

Heineken N.V. (HEINY) (Market Cap: $60.842B; Share Price: $53.40) announced last month its 2030 water vision in support of United Nations Sustainable Development Goal 6, dedicated to water protection. Heineken is committed to water protection. Water is important to HEINEKEN as beer is 95% water and great beer requires high quality water. It had also officially opened its first brewery in the district of Maputo, Mozambique on 13 March 2019 in the presence of His Excellency Filipe Nyusi, the President of the Republic of Mozambique. The new brewery, incorporating the latest technologies, represents a US$100 million (€85 million) investment.

Heineken N.V. engages in brewing and selling beer and cider. The company operates through Africa, Middle East & Eastern Europe, Americas, Asia Pacific, and Europe segments. It offers beer, cider, soft drinks, and other beverages. Heineken launched a cannabis-infused beverage in some of the dispensaries in California, through their wholly owned craft-brewed beer brand- Lagunitas. HEINEKEN is the world's most international brewer. It is the leading developer and marketer of premium beer and cider brands. Led by the Heineken® brand, the Group has a portfolio of more than 300 international, regional, local and specialty beers and ciders.

Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (KALY) (Market Cap: $21.771M; Share Price: $0.0179) announced recently it has caught up on its Hemp4mula gum production and has product in inventory now that will be listed for sale from www.usmj.com starting this week. The health and wellness company is set to generate revenue from its patented cannabis extraction technology through overlapping go-to-market strategies. In addition to developing pharmaceutical products, KALY is utilizing is patented cannabis extraction process to develop numerous wellness products. It will also be making an online presentation scheduled for Wednesday, April 17th, where management will provide details on its patented cannabis extract treatments targeting a $170 million pharmaceutical market opportunity currently under development.