HENDERSON, NV / ACCESSWIRE / March 25, 2019 / While we all know about cannabis producers and CBD developers, ancillary cannabis plays are sometimes overlooked. That's too bad, because ancillary plays have been some of the biggest winners.
A very interesting ancillary opportunity is THC Therapeutics, Inc. (THCT). They said that the US patent office has accepted ALL 20 claims for their herb dryer the dHydronator, which can reduce moisture content of cannabis to 10% in only 12 hours. Typical drying time takes 10-14 days. The dHydronator® also destroys harmful surface contaminants & pathogens. Start your research today.
Today we are highlighting: THC Therapeutics, Inc. (THCT), Innovative Industrial Properties, Inc. (IIPR), The Scotts Miracle-Gro Company (SMG), CBD Unlimited, Inc. (EDXC) and Namaste Technologies, (NXTTF).
THC Therapeutics, Inc. (THCT) (Market Cap: $76.311M; Share Price: $5.80) has developed a sanitizing herb dryer, The dHydronator®. Their laboratory-proven product is specifically designed for drying and sanitizing freshly harvested cannabis and herbs. THCT's product has been rigorously tested by two independent laboratories. The testing covered over 6 strains and 9 independent tests to confirm the findings.
As we mentioned earlier, the US patent office has accepted ALL 20 claims for The dHydronator®. This is big. Start your research today.
Innovative Industrial Properties, Inc. (IIPR) (Market Cap: $860.493M; Share Price: $87.75) focuses on the acquisition, ownership and management of industrial properties. It includes properties leased to experienced, state-licensed operators for regulated medical-use cannabis facilities. The firm intends to acquire properties through sale-leaseback transactions and third-party purchases. It has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017. 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.
The Scotts Miracle-Gro Company (SMG) (Market Cap: $4.231B; Share Price: $76.44), which is an ancillary cannabis play through their hydroponic wholly-owned subsidiary, just announced that they will extend their deal with the MLB in a multi-year agreement, which is the company's claim to fame.
CBD Unlimited, Inc. (EDXC) (Market Cap: $95.498M; Share Price: $0.315) announced the completion of its FDA label review for entrance into the pharmacy, food, and mass retail sectors. Following the completion of its FDA label review, CBD Unlimited submitted vendor applications for mass retail and distribution channels. CBD Unlimited recently disclosed a 20% growth rate from retailers. With the company's new product labeling, CBD Unlimited expects to be in over 30,000 stores by the end of 2020.
Namaste Technologies Inc. (NXTTF) (Market Cap: $168.045M; Share Price: $0.5471) powers the ultimate online customer experience for medicinal cannabis and related products. It announced that it had reached a mutually agreed upon settlement with Sean Dollinger, resulting in Mr. Dollinger entering into an advisory relationship with Namaste providing transition support to the company to ensure the best interests of the business and stakeholders are met. Mr. Dollinger has withdrawn his previously announced legal application against the company and has agreed to step down from all formal roles with the company, including as a director, which will also enable him to spend more time with his young family and pursue other opportunities.
Priyanka Goel, CFA
This article was written by Regal Consulting, LLC ("Regal Consulting"). Regal Consulting has agreed to a three-month term consulting agreement with THCT dated 2/14/18. The agreement calls for 50,000 restricted shares of THCT per month. All payments were made directly by THC Therapeutics, 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. THCT 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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