HENDERSON, NV / ACCESSWIRE / January 28, 2019 / With the market on an upward trajectory, now's the time to look at a few ways to play one of the fastest growing industries within the public markets…cannabis. Below are several growth plays in the industry you'll want to start researching because in the next 12 months they could be the next big cannabis success story.
One that many investors may overlook as a cannabis play because it's not technically in the cannabis industry is Clean Spark, Inc. (CLSK). However, CLSK could be one of the industry's biggest winners. The company's best-in-class microgrid solution reduces the monthly electricity bill of indoor grow-houses by up to 82%. If you consider 1% of all electricity generated in the United States goes to cultivation, the opportunity for CLSK is enormous. CLSK is currently trading at a discount, now's the time to start your research.
Today we are highlighting: CleanSpark, Inc. (CLSK), MariMed, Inc. (MRMD), MedMen Enterprises, Inc. (MMNFF), KushCo Holdings, Inc. (KSHB), and Aphria, Inc. (APHA).
Clean Spark, Inc. (CLSK) (Market Cap: $91.403M, Share Price: $2.30)
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.
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.
MeriMed, Inc. (MRMD) (Market Cap: $1.035B, Share Price: $4.85) announced the formation of MariMed Hemp, Inc, a wholly-owned subsidiary to be entirely focused on hemp-derived CBD products. The new subsidiary will have a dedicated executive team, proprietary brand and product lines, and distribution and marketing relationships, all separate from MariMed's core cannabis business.
MedMen Enterprises, Inc. (MMNFF) (Market Cap: $1.586B, Share Price: $3.42) said revenue rose 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.
KushCo Holdings, Inc. (KSHB) (Market Cap: $439.004M, Share Price: $5.42) 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.
Aphria, Inc. (APHA) (Market Cap: $1.796B, Share Price: $7.16) 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.
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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