HENDERSON, NV / ACCESSWIRE / February 6, 2019 / There are two kinds of companies that will benefit from the growth of the cannabis industry whichever direction that growth goes: producers and ancillary utilities. Marijuana will need to be cultivated, the cultivation process' efficiency will need to be improved. Below are a few companies that fit this profile.
CleanSpark, Inc. (CLSK) has developed a microgrid power solution for the cannabis industry 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.
CleanSpark, Inc. (CLSK) (Market Cap: $89.41M Share Price: $2.24) 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.
CLSK investors should be encouraged by Scotts Miracle-Gro Company (SMG) (Market Cap: $4.10B Share Price: $74.18). The company released financial results for the first quarter of fiscal 2019, including revenue growth of 35 percent on the year, driven by a substantial uptick registered by the Hawthorne subsidiary that caters to cannabis growers.
One cannabis producer in line to benefit from industry growth in most variances like CLSK and SMG is Aurora Cannabis Inc. (ACB) (Market Cap: $7.38B Share Price: $7.40). The company has a production capacity of roughly 150,000 kilograms of cannabis per year. That number is expected to more than triple to 500,000 by mid-2020. Investors have been buoyed by the company's recent report of revenue rising to $29.9 million in the second quarter to Dec. 29, up 40% from the prior quarter. Proforma revenue, which includes revenue from pending acquisitions came to $49.5 million.
The Green Organic Dutchman (TGODF) (Market Cap: $758.92M Share Price: $2.82) is a Canadian Licensed Producer growing out of Quebec. According to their investor information, they currently are growing on 620,000 square feet and are expanding to reach 970,000 square feet. Their website also states that they can produce 116,000 kg of cannabis per year. The company just announced that the Danish Medicines Agency, the Government body responsible for issuing cannabis related licenses, has granted an initial cannabis business authorization to TGODF's joint venture production partner Knud Jepsen. This licence will allow TGOD's JV partner Kund Jepsen to immediately begin importation of starting materials and to begin research and development related to the creation of elite cannabis genetics.
OrganiGram Holdings, Inc. (OGRMF) (Market Cap: $777.77M Share Price: $6.00) 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.
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 $100,000 for services for January. CLSK has paid an additional $30,000 for services for February. 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.
SOURCE: Regal Consulting, LLC
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