Stocks Set to Breakout on the Heels of Farm Bill

The 2018 Farm Bill was passed by the Senate on Tuesday by a vote of 87-13

HENDERSON, NV / ACCESSWIRE / December 13, 2018 / The impact of this legislation on the cannabis industry is HUGE. Last year, hemp sales in the U.S. reached $820 million, according to the Hemp Business Journal. That's without hemp being completely legal. These sales have been projected to reach $2.1 billion by 2020 -- and that's not taking into account the passage of the Farm Bill. Here are a few companies set to benefit.

Today we are highlighting: CleanSpark, Inc. (CLSK), Canopy Growth Corporation (CGC), CV Sciences, Inc. (CVSI), New Age Beverages Corporation (NBEV), and Entergy Corporation (ETR).

The $3.5-billion 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. Companies managing these solutions are great ways to diversify your cannabis industry risk.

Indoor growers are looking to cut spiraling electricity consumption with custom-built microgrids in U.S. states where cannabis cultivation is legal.

A company that seems to be in the right place at the right time to capitalize on this huge market inefficiency is CleanSpark, Inc. (CLSK) (Market Cap: $112.537M, Share Price: $3.08).

CLSK has a unique microgrid solution for the cannabis industry. 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.

Pressure is mounting on the cannabis industry to improve its margins after a lackluster 3^rd quarter; companies like CLSK can help do just that.

CLSK also just released an impressive letter to shareholders highlighting: 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, has been awarded 2 patents, and has 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.

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Canopy Growth Corporation (CGC) (Market Cap: $10.979B, Share Price: $32.03) made big news earlier this year receiving investment capital from Constellation Brands and announced recently that it has entered into two agreements with 48North Cannabis Corp. 48North will supply Canopy Growth with dried cannabis produced from high-grade, unique genetics, grown at 48North's wholly-owned facility, DelShen Therapeutics Corp. The total volume of the Supply Agreement is estimated to be a minimum of 1,200 kilograms and deliverable over the course of 12 months.

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CV Sciences, Inc. (CVSI) (Market Cap: $515.688M, Share Price: $5.39) just built expansive manufacturing operations, which also house numerous marketing and distribution teams responsible for a growing list of consumer products and marijuana edibles containing plant-based CBD. CV Sciences is helping to secure San Diego as a global hub for the state's cannabis supply chain after the passing of favorable local and federal regulations.

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New Age Beverages Corporation (NBEV)(Market Cap: $437.744M, Share Price: $6.01) is benefiting from the Farm Bill, which is being voted on today in the House. The company issued a formal response to the Farm Bill and calls itself a "leading authority in the CBD-infused beverage space." That may be hyperbole but the company is starting production this month for some CBD products.

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A potential CLSK suitor Entergy Corporation (ETR) (Market Cap: $16.105B, Share Price: $88.91) is another major energy provider that could benefit from increased cannabis production.

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. 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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