Cannabis Companies, and Companies That Will Benefit from Them

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HENDERSON, NV / ACCESSWIRE / January 11, 2019 / In 2018 the cannabis industry gained validation through several passages of law. Cannabis stocks, however, were down on the year in part because of a larger market wide slump and some uncertainty over the way the US will treat this growing industry. With the market rallying the oversold securities are leading the way. Here's a few cannabis plays to watch.

One of the best cannabis plays, isn't even technically a cannabis company which is good for investors still nervous about regulation. Clean Spark, Inc. (CLSK) has the best in class microgrid solution for the cannabis industry. If you are just learning about CLSK start your due diligence immediately because when the street finds out about the company it could trend much higher.

Today we are highlighting: CleanSpark, Inc. (CLSK), Aurora Cannabis, Inc. (ACB), KushCo Holdings, Inc. (KSHB), HEXO Corp. (OTC PINK: HYYDF), and Innovative Industrial Properties, Inc. (IIPR).

According to a new MarketsandMarkets™ report the Microgrid Control System Market is expected to grow from an estimated $2 billion in 2018 to USD 3.6 billion by 2023, at a CAGR of 13.01%. Microgrids are becoming a must have in many industries. One of the best microgrid solutions on the market has been developed by CleanSpark, Inc. (CLSK) (Market Cap: $82.179M, Share Price: $2.25). 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.

CLSK's acquisition, Pioneer Custom Electrical Products, has delivered $32 million in products since 2016 and has $5 million in backlog. They have also received a $2.4 million equipment order as part of a contract for the new U.S. Embassy in Beirut, Lebanon which should end up on CLSK's balance sheet.

Investors are anticipating CLSK's first announcement for 2019, now's a good time to start your research on the company.

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Aurora Cannabis, Inc. (ACB) (Market Cap: $5.928B, Share Price: $5.94) provided an expected revenue range for the second quarter of the Company's Fiscal 2019, the period ended December 31, 2018. They are anticipating net revenues of $50M to $55M. Full results will be published on Monday, February 11, 2019 pre-market.

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KushCo Holdings, Inc. (KSHB) (Market Cap: $549.97M, Share Price: $6.79) 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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HEXO Corp. (HYYDF) (Market Cap: $943.17M, Share Price: $4.76) announced that they recently reached a construction and licensing milestone with the first phase of their 1 million sq. ft. greenhouse expansion. The expansion is ready and licensed on time and on a budget for plants to move in.

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A company standing to benefit from Cannabis growth while not directly involved in its production like CLSK, is Innovative Industrial Properties, Inc. (IIPR) (Market Cap: $686.197M, Share Price: $3.23) 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.

Legal Disclaimer:

This article was written by Regal Consulting, LLC ("Regal Consulting"). Regal Consulting has agreed to a two-month term consulting agreement with GOPH dated 12/31/18. The agreement calls for $100,000 in cash per month. All payments were made directly by Gopher Protocol, 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. GOPH 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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