Marijuana Production Growing

February 26, 2019 -- InvestorsHub NewsWire -- Microcap Speculators -- Marijuana production is growing at a rapid pace. Colorado alone produced nearly 500 tons of cannabis last year.

CleanSpark, Inc. (CLSK) is a company that will directly benefit from the growth in cannabis production. The Company has developed a microgrid power solution for the cannabis industry that cuts the monthly electricity bill of indoor grow-houses by up to 82%.

Today we are highlighting: CleanSpark, Inc. (CLSK), CannTrust Holdings (USOTC: CNTTF), Aurora Cannabis (NYSE: ACB), Aphria, Inc. (NYSE: APHA) and OrganiGram Holdings (OGRMF).

CleanSpark, Inc. (CLSK) (Market Cap: $228.198M, Share Price: $5.50) may not be ‘under the radar’ much longer, the company’s daily volume surged in February. The company has been doing a lot to impress investors. Besides an amazing innovation for the cannabis industry, CLSK has an up to $18 million deal with NYSE company, MAC, which has completed an acquisition adding $3.6 million in gross sales to CLSK’s bottom line during early 2019 alone.

The Company that counts itself as one of the very few OTC companies on the LD Micro Index (only 4% of the 1000 companies are OTC listed) has taken another step towards its growth trajectory by executing its contract outside of the United States (a tech. consultant on a large industrial park in Costa Rica).

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CannTrust Holdings (USOTC: CNTTF) (Market Cap: $1.011B, Share Price: $9.60) just debuted on the NYSE. The Company offers four brands of recreational cannabis, including Synr.g and Liiv cannabis. Its market share of the Canadian market is unknown, since its most recent results were from September 30 prior to recreational cannabis legalization in Canada. CannTrust has supply agreements with nine provinces (all provinces except Quebec which cover 77% of Canadians).

Aurora Cannabis (NYSE: ACB) (Market Cap: $7.246B, Share Price: $7.29) posted a fiscal second-quarter loss of C$237.8 million on revenue of C$54.2 million, compared with year-earlier profit of C$7.7 million on revenue of C$11.7 million. Losses in the latest quarter resulted largely from investments Aurora Cannabis made in other cannabis producers, the Company said.
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Aphria, Inc. (NYSE: APHA) (Market Cap: $2.405B, Share Price: $9.69) announced earlier this month that its Board of Directors decided, after much anticipation, to reject the hostile bid by Green Growth Brands Inc to acquire all of the outstanding common shares of the Company including any Common Shares that may become issued and outstanding after January 22, 2019, but prior to the expiry of the hostile bid upon the exercise, conversion or exchange of options, warrants, debentures or other securities of the Company exercisable or convertible into Common Shares, other than Common Shares owned by GGB or its affiliates, in exchange for 1.5714 shares of GGB.
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OrganiGram Holdings, Inc. (OGRMF) (Market Cap: $777.64M, Share Price: $5.95), 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.

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 $80,000 for services for February. 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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