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This Company Could Help Cannabis' Bottom Line

Wednesday, 10 April 2019 08:30 AM

ACR Communication, LLC

HENDERSON, NV / ACCESSWIRE / April 10, 2019 / Despite knowing for years that electricity is a major expense that can significantly affect everyone's bottom line, marijuana businesses - especially growers - are still struggling to keep costs manageable.

One company that could lead the way in solving this major issue is CleanSpark, Inc. (CLSK). The company has developed a microgrid power solution for the cannabis industry, which 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. Recently, the company closed on $5 million round of funding, engaged a firm to navigate their up listing, and as far as currently operation go, announced the near completion of a $900k contract to install a CLSK microgrid at a U.S. Marine Corps Base and have been progressing on a $18.3 million deal with NYSE company MAC. This could be big, so start your research today.

Today we are highlighting: CleanSpark, Inc. (CLSK), Next Green Wave Holdings Inc. (NXGWF), Lifestyle Delivery Systems Inc. (LDSYF), Cirrus Logic, Inc. (CRUS), and SunPower Corporation (SPWR).

In recent news, CleanSpark, Inc. (CLSK) (Market Cap: $145.970M; Share Price: $3.39) 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.

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Next Green Wave Holdings Inc. (NXGWF) (Market Cap: $ 53.201M; Share Price: $0.4408) announced on Monday that Pacific Gas & Electric has successfully completed the electrical installation and connection to the transformer providing power to their 35,000ft premium indoor facility and the entire cannabis zoned development property it is situated on. Seven lots extending over 15 acres 100% owned by Next Green Wave will have access to electrical services immediately. Construction of the company's first state-of-the-art indoor facility (35,000 ft.) is now entering production with future plans to expand the 15 acres of cannabis zoned land it is situated on. In March, it had also launched its first pet product, Loki Love Biscuits with widely recognized brand partner Loki the Wolfdog. The company's first CBD and revenue generating product is also officially available for sale in the United States through Loki's website.

Next Green Wave Holdings Inc. intends to pursue opportunities for the production, processing, distribution, and sale of cannabis and cannabinoid infused products in California. It holds a total of 15.34 acres of land and focuses on its vertically integrated seed-to-sale operations. The company was formerly known as Crossgate Capital Corporation and changed its name to Next Green Wave Holdings Inc. in August 2018. Next Green Wave Holdings Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada.

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Lifestyle Delivery Systems Inc. (LDSYF) (Market Cap: $ 40.418M; Share Price: $0.33755) announced that its wholly-owned subsidiaries, CSPA Group, Inc. and Core Isogenetics, Inc., will hold a shareholder facility tour for the company's shareholders on April 25, 2019. LDS announces that this year's annual general meeting of Lifestyle Delivery Systems Inc.'s shareholders ("AGM") will be held on April 25, 2019. On April 9, it announced that the company's flagship product, CannaStripsTM , would be sold through new additional stores. Aside from self-distributing CannaStripsTM, the company is working closely with the Rise Distribution sales team to support the roll out into their 200+ stores, including their newly acquired Hometown Heart delivery service.

Lifestyle Delivery Systems Inc. is a technology company that licenses its technology to a state-of-the-art production and packaging facility located in Southern California. It offers CannaStrips, which are designed to provide patients with non-intrusive and non-smoking alternatives. The company also offers consulting services for its clients, including facility identification, nursery preparation, design and layout, equipment acquisition, and implementation, as well as permitting and licensing. In addition, it cultivates and extracts biomass.

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Cirrus Logic, Inc. (CRUS) (Market Cap: $2.556B; Share Price: $43.22) announced last week that the company will post its fourth quarter and full fiscal year 2019 financial results and business outlook on the investor relations area of its website on Wednesday, May 1 at approximately 4 p.m. EDT. Cirrus Logic will host a live Q&A webcast session at 5 p.m. EDT that same day to answer questions related to its financial results and business outlook.

Cirrus Logic, Inc., a fabless semiconductor company, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs) for a range of consumer and industrial markets. The company offers portable and non-portable audio and other products. Its products include analog and mixed-signal audio converters and digital signal processing products for mobile applications, codecs-chips that integrate analog-to-digital converters and digital-to-analog converters into a single IC and smart codecs, a codec with digital signal processer, boosted amplifiers, micro-electromechanical systems microphones, digital interface products, and standalone digital signal processors. With headquarters in Austin, Texas, Cirrus Logic is recognized globally for its award-winning corporate culture.

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SunPower Corporation (SPWR) (Market Share: $1.064B; Share Price: $7.47) continues to capture a large share of the distributed generation solar market, according to the U.S. Energy Information Administration. In Wood Mackenzie's latest U.S. PV Leaderboard report made available last month, SunPower remained the No. 1 provider of commercial solar solutions for a second year running. And as an essential partner to its nationwide residential dealer network, the company also maintained a leadership position as one of the top residential solar panel manufacturers for the second consecutive year.

As one of the world's most innovative and sustainable energy companies, SunPower Corporation researches, develops, manufactures, and delivers solar solutions worldwide. It operates through three segments: Residential, Commercial, and Power Plant. The company provides solar power components, including panels and system components, primarily to dealers, system integrators, and distributors. It also offers commercial rooftop and ground-mounted solar power systems, and residential mounting systems.

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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 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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Contact Information:

Company Name: ACR Communication LLC.

Contact Person: Media Manager

Email: i[email protected]

Phone: 1-702-720-6310

Country: United States

SOURCE: ACR Communication LLC.

Topic:
Financing
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