HENDERSON, NV / ACCESSWIRE / February 5, 2019 / Cannabis stocks, as measured by the Global Cannabis Stock Index, bounced back from Q4 losses of 44.2%, rallying 44.2% in January- the second-best month in history for canna stocks pricewise. Overall sentiment in the sector remains bullish leading many investors to believe canna stocks could erase all 2018 losses which would signal several indicators and could create a snowball effect among investors causing a breakout, industry wide. This would coincide with campaign speeches for the 2020 election (they're already starting to hold rallies) filled with what many believe will be a bi-partisan show of support for the cash crop. It's tough to pinpoint what companies will benefit most: Recreational, or medical? CBD or THC? Cannabinoid biotech or Consumables?
There are two kinds of companies that will benefit from the growth of the 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.
One that has been off the radar but is starting to gain a following in the cannabis industry is CleanSpark, Inc. (CLSK). The company's microgrid power solution cuts 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. 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.
Today we are highlighting: CleanSpark, Inc. (CLSK), Aurora Cannabis, Inc. (NYSE: ACB), The Green Organic Dutchman (TGODF), OrganiGram Holdings, Inc. (OTCQX: OGRMF), and Scotts Miracle-Gro Company (NYSE: SMG).
CleanSpark, Inc. (CLSK) (Market Cap: $93.354M, Share Price: $2.25). CLSK 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.
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One cannabis producer in line to benefit from industry growth in most variances like CLSK and SMG is Aurora Cannabis Inc. (ACB) (Market Cap: $7.93B, Share Price: $8.04). 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.
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The Green Organic Dutchman (TGODF) (Market Cap: $758.931M, Share Price: $2.87) 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.
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OrganiGram Holdings, Inc. (OGRMF) (Market Cap: $763.129M, Share Price: $5.93), 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.
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CLSK investors should be encouraged by Scotts Miracle-Gro Company (SMG) (Market Cap: $4.194B, Share Price: $75.80). The company released financial results for the first quarter of fiscal 2019, including revenue growth of 35 % on the year, driven by a substantial uptick registered by the Hawthorne subsidiary that caters to cannabis growers.
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 $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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