U.S. Markets closed

Company with Solution for Indoor Growers Reporting Big Losses

HENDERSON, NV / ACCESSWIRE / April 22, 2019 / Large indoor cannabis growers have been reporting big losses due to their energy inefficiency. One company we've highlighted in the past, CleanSpark, Inc. (CLSK), has developed power solution for the cannabis industry that 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. Just yesterday, CLSK released an Edgar filing reporting $20 million in financing in the form of Debenture, the Series B Preferred Stock, the Warrant and the Common Stock. With some of these funds, we believe CLSK will be able to start a large marketing campaign to start reaching these indoor growers in need of their services. This would be a major boon for the company. Start your research now.

Today we are highlighting: CleanSpark, Inc. (CLSK), The Green Organic Dutchman (TGODF), Emerald Health Therapeutics (EMHTF), Brookfield Renewable Partners L.P. (BEP), and Covanta Holding Corporation (CVA).

This financing is the latest in a long string of positive announcements by CleanSpark, Inc. (CLSK) (Market Cap: $137.789M; Share Price: $3.20). The company engaged a firm to navigate their up listing, announced the near completion of a $900k contract to install a CLSK microgrid at a U.S. Marine Corps Base and has 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. It had recently 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.

The Green Organic Dutchman (TGODF) (Market Cap: $793.866M; Share Price: $2.9405), recently participated in Virtual Investor Conferences. The company, as an indoor grower, could be a potential client for CLSK.

The Green Organic Dutchman is an Ontario, Canada, based marijuana company that was IPO'd in spring 2018 and is currently valued at $957 million.

The Green Organic Dutchman expects that its production capacity will be 170,000 kg marijuana a year based on several deals that have expanded the company's asset base during 2018.

This includes the June 2018 acquisition of a facility (approximately 280,000 square foot) that The Green Organic Dutchman plans to use for producing marijuana-containing edible products and marijuana-infused beverages. It recently announced that effective March 25th, 2019 sales of certified-organic cannabis have started with national distribution to medical patients. The Growers' Circle is a select group of patients across Canada now receiving TGOD's first certified-organic flower.

Emerald Health Therapeutics (EMHTF) (Market Cap: $393.152M; Share Price: $2.7744), announced on April 8 that its Québec facility, Verdélite, has received its Standard Processing License from Health Canada. This license means that, in addition to Verdélite's right to cultivate and sell cannabis flowers, it can now extract, manufacture, synthesize, test and sell next-generation cannabis products and will position Verdélite to launch these products in conjunction with the expected legalization of a broader spectrum of cannabis products in Canada in October 2019. The license also allows Verdélite to build and operate a laboratory for research and development of cannabis-based products. Formerly known as Agro-Biotech, Verdélite currently produces high-grade dried cannabis for medical and adult-use purposes.

EMHTF is one of Canada's licensed producers, which has been expanding its production capacity through several deals over the last couple of quarters.

Its 50%-owned joint venture, Pure Sunfarms, had exercised its option earlier this year to acquire from Village Farms International, Inc. ("Village Farms") a second 1.1 million square foot (25 acre) greenhouse ("Delta 2") adjacent to Pure Sunfarms' existing 1.1 million square foot cannabis operation ("Delta 3") in Delta, BC. Pure Sunfarms expects to reach its annualized full production run-rate of approximately 75,000 kilograms by mid-year at Delta 3 and expects to double its overall production on completion of the conversion of Delta 2. Emerald has also entered into an agreement with Pure Sunfarms to purchase 25% of its aggregate cannabis production from Delta 3 and Delta 2 in 2020, 2021 and 2022. Together with existing production capacity these deals should allow Emerald Health to produce over 100,000 kg of marijuana annually in the foreseeable future.

Brookfield Renewable Partners L.P. (BEP) (Market Cap: $5.638B; Share Price: $31.53) recently announced the 2019 First Quarter Conference Call and Webcast set for Thursday, May 2, 2019 at 9:00 a.m. (Eastern Time) to discuss results and current business initiatives with members of senior management. These results will be released on Thursday, May 2, 2019 at approximately 7:00 a.m. and will be available on the company website.

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China. The company generates electricity through hydro, wind, solar, cogeneration, and biomass sources. Brookfield Renewable Partners Limited operates as the general partner of Brookfield Renewable Partners L.P. It operates one of the world's largest publicly traded, pure-play renewable power platforms. Its portfolio consists of hydroelectric, wind, solar and storage facilities in North America, South America, Europe and Asia, and totals over 17,000 megawatts of installed capacity and an 8,000-megawatt development pipeline. Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, a leading global alternative asset manager with over $350 billion of assets under management.

Covanta Holding Corporation (CVA) (Market Cap: $2.306B; Share Price: $17.58) will host a conference call at 8:30 AM (Eastern) on Friday, April 26, 2019 to discuss its first quarter results. A press release reporting Covanta's first quarter results will be issued after the market closes on April 25, 2019 and will also be available in the Investor Relations section of the company's website.

Covanta Holding Corporation, through its subsidiaries, provides waste and energy services to municipal entities primarily in the United States and Canada. It owns and operates infrastructure for the conversion of waste to energy, as well as engages in related waste transport and disposal, and other renewable energy production businesses. Annually, Covanta's modern Energy-from-Waste facilities safely convert approximately 22 million tons of waste from municipalities and businesses into clean, renewable electricity to power one million homes and recycle over 600,000 tons of metal.

Signed by

Priyanka Goel, CFA

Legal Disclaimer:

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 $100,000 for services for February. Regal was paid an additional $100,000 for March services. CLSK has paid an additional $100,000 for services for March. CLSK has paid an additional $80,000 for services for April. CLSK has paid 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.

http://www.regalconsultingllc.com/disclaimer/

Full Legal Disclaimer Click Here.

Contact Information:

Company Name: ACR Communication LLC.

Contact Person: Media Manager

Email: info@microcapspeculators.com

Phone: 1-702-720-6310

Country: United States

SOURCE: ACR Communication LLC



View source version on accesswire.com:
https://www.accesswire.com/542560/Company-with-Solution-for-Indoor-Growers-Reporting-Big-Losses