Advertisement
Canada markets open in 3 hours 26 minutes
  • S&P/TSX

    22,107.08
    +194.56 (+0.89%)
     
  • S&P 500

    5,248.49
    +44.91 (+0.86%)
     
  • DOW

    39,760.08
    +477.75 (+1.22%)
     
  • CAD/USD

    0.7348
    -0.0024 (-0.33%)
     
  • CRUDE OIL

    81.88
    +0.53 (+0.65%)
     
  • Bitcoin CAD

    96,052.98
    +688.58 (+0.72%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,217.20
    +4.50 (+0.20%)
     
  • RUSSELL 2000

    2,114.35
    +44.19 (+2.13%)
     
  • 10-Yr Bond

    4.1960
    0.0000 (0.00%)
     
  • NASDAQ futures

    18,473.25
    -30.50 (-0.16%)
     
  • VOLATILITY

    13.02
    +0.24 (+1.88%)
     
  • FTSE

    7,969.96
    +37.98 (+0.48%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • CAD/EUR

    0.6816
    +0.0011 (+0.16%)
     

Stocks Set to Breakout on the Heels of Farm Bill

HENDERSON, NV / ACCESSWIRE /December 14, 2018 / The 2018 Farm Bill was passed by the Senate on Tuesday by a vote of 87-13. The next move is that the legislation heads to the House for a vote - and then if it passes there, it goes to President Trump to be signed into law. It is expected to face no significant challenges.

The impact of this legislation on the cannabis industry is enormous. 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), Aurora Cannabis, Inc. (ACB), Aphria, inc. (APHA), CV Sciences, Inc. (CVSI) and PG&E Corporation (PCG).

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

ADVERTISEMENT

CleanSpark, Inc. (CLSK) (Market Cap: $100.479M, Share Price: $2.75) 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.

____

Aurora Cannabis (ACB) (Market Cap: $6.064B, Share Price: $5.71), a Canadian marijuana producer was just selected to supply medical cannabis to Luxembourg. The decision by the Luxembourg Health Ministry helps Aurora expand its footprint in the European Union and comes more than a week after the company announced it completed the first shipment of medical marijuana to the Czech Republic.

____

Aphria, inc. (APHA) (Market Cap: $1.302B Share Price: $5.23) completed its LATAM acquisition of LATAM Holdings Inc. This acquisition consisted of licenses and other assets and related businesses in Colombia, Argentina and Jamaica and a right of first offer and refusal in respect of Brazil. There has been some controversy over the value of the acquisition.

____

CV Sciences, Inc. (CVSI) (Market Cap: $451.108M, Share Price: $4.72) 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.

____

A potential CLSK suitor, PG&E Corporation (PCG) (Market Cap: $13.75B Share Price: $26.51), states multiple factors contribute to wildfire risk across PG&E's service area. These include vast tree mortality following a historic five-year drought. Fire season is now extended due to prolonged periods of high temperatures, extreme dryness, tinder-dry grass and record-high winds increasing the number of wildfires and making them more dangerous. Headquartered in California where 3% of electricity consumed goes to cannabis grow operations, this is one to watch.

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.

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

Microspeculators.com Full Legal Disclaimer Click Here.

Contact Information:

Company Name: Microcap Speculators

Contact Person: Media Manager

Email: info@microcapspeculators.com

Phone: 1-702-720-6310

Country: United States

Website: http://microcapspeculators.com/

SOURCE: ACR Communications, LLC