Cannabis Stocks Crushing Short
Sellers
February 28, 2019 -- InvestorsHub NewsWire -- Microcap
Speculators -- Shorts betting against cannabis have had a very
bad month losing nearly $200 million in February, according to
data from S3 Partners, a financial-analytics firm.
Here’s a couple cannabis plays longs may want to research.
One that won’t show up as a cannabis company, but benefits from
the industry nonetheless, CleanSpark, Inc. (CLSK),
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), GW
Pharmaceuticals plc (NASDAQ:
GWPH), Aurora Cannabis, Inc. (NYSE:
ACB), CannTrust Holdings, Inc. (CTST), and Canopy Growth
Corporation (NYSE:
CGC).
CleanSpark, Inc. (CLSK) (Market Cap: $228.198M,
Share Price: $5.14) 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 add $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).
_______
GW Pharmaceuticals plc (NASDAQ:
GWPH) (Market Cap: $5.628B, Share Price:
$173.99) reported impressive numbers highlighted by
its strong launch for cannabinoid oil Epidiolex in seizure
treatment. Epidiolex generated $4.7 million in sales over two
months.
_______
Aurora Cannabis, Inc. (NYSE:
ACB) (Market Cap: $7.428B, Share Price:
$7.54) reported that it had agreed to acquire a
majority stake in Portuguese company Gaia Pharma Ltd. at an
undisclosed sum. The Company is planning to establish a medical
cannabis production facility as well as for other related products
as the company expands its reach to Europe.
_______
CannTrust Holdings, Inc. (CTST) (Market Cap:
$972.654M Share Price: $9.26), a Canada-based
cannabis producer, has just added itself to the list of Canadian
producers to list on the NYSE. Further legitimizing an
industry that was taboo only a few years ago.
_______
Canopy Growth Corporation (NYSE:
CGC) (Market Cap: $9.297B, Share Price:
$45.75) announced earlier this week that it has named
Hilary Black as its Chief Advocacy Officer, effective immediately.
In her expanded role, Hilary's mandate includes driving patient
advocacy efforts worldwide, executing the Company's global
corporate social responsibility strategy and leading the
implementation of best practices for diversity & inclusion.
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.
http://www.regalconsultingllc.com/full
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