Cannabis Stocks Set for Growth

HENDERSON, NV / ACCESSWIRE / January 18, 2019 / Cannabis remains one of the most volatile and intriguing sectors on the market. Several options in the space remain available at a bargain.

One play that looks poised to rebound to its 2018 high is Clean Spark, Inc. (CLSK). The company has the best in class microgrid solution for the cannabis industry. Their mPulse software reduces the monthly electricity bill of indoor grow-houses by up to 82%! With so much headroom on the chart this may be the best time to research CLSK before the stock is much higher.

Today we are highlighting: CleanSpark, Inc. (CLSK), Canopy Growth Corporation (CGC), CannTrust Holdings, Inc. (OTC PINK: CNTTF), Charlotte's Web Holdings, Inc. (CWBHF), and MedMen Enterprises, Inc. (MMNFF).

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. CleanSpark, Inc. (CLSK) (Market Cap: $82.179M, Share Price: $2.25). 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.

Canopy Growth Corporation (CGC) (Market Cap: $14.661B, Share Price: $42.77) just announced that it plans to invest up to $150 million in New York state to target the emerging market for cannabis products derived from hemp.

CannTrust Holdings, Inc. (CNTTF) (Market Cap: $660.032M, Share Price: $6.30), announced earlier this month that it had applied to list its common shares on the New York Stock Exchange. As with any company that goes down this route, listing of the Company's common shares on the NYSE is subject to the approval of the NYSE and the satisfaction of all applicable listing and regulatory requirements.

Charlotte's Web Holdings, Inc. (CWBHF) (Market Cap: $1.192B Share Price: $12.80) reported earlier its 2018 harvested hemp results. According to the announcement, the Company reported more than ten times growth in harvested hemp compared to its 2017 growing season.

MedMen Enterprises, Inc. (MMNFF) (Market Cap: $1.433B, Share Price: $3.09) 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.

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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