5 Top Cannabis Plays to Research

March 1, 2019 -- InvestorsHub NewsWire -- Microcap Speculators -- With Cannabis having a great start to 2019, here are a few cannabis plays to start your research on.

One that won’t show up as a cannabis company, but benefits from the industry nonetheless, CleanSpark, Inc. (USOTC: 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. (USOTC: CLSK), Scotts Miracle-Gro Company (NYSE: SMG), HEXO Corp. (HEXO), Cronos Group, Inc. (NASDAQ: CRON) and Aurora Cannabis, Inc. (NYSE: ACB).

CleanSpark, Inc. (USOTC: CLSK) (Market Cap: $190.857M, Share Price: $4.60) 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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Scotts Miracle-Gro Company (NYSE: SMG) (Market Cap: $4.533B, Share Price: $81.90), the world’s largest marketer of branded consumer lawn and garden products, announced it will present at Raymond James & Associates’ 40th Annual Institutional Investors Conference on Monday, March 4, 2019 in Orlando, Florida. Chief Financial Officer, Randy Coleman, will discuss current business strategies.
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HEXO Corp. (HEXO) (Market Cap: $1.172B, Share Price: $5.70) announced earlier this month that it has entered into a syndicated credit facility with Canadian Imperial Bank of Commerce, as Sole Bookrunner, Co-Lead Arranger and Administrative Agent and Bank of Montreal as Co-Lead Arranger and Syndication Agent. Under the terms of the credit facility, the Lenders will provide HEXO up to C$65 million of secured debt financing at a rate of interest that is expected to average in the mid-to-high 5% per annum range over its three-year term.

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Cronos Group, Inc. (NASDAQ: CRON) (Market Cap: $3.232B, Share Price: $21.64) announced in early December that it had entered into a subscription agreement with Altria Group, Inc., one of the leading tobacco brands in the world, pursuant to which Altria agreed to make an approximately C$2.4 billion equity investment in Cronos Group on a private placement basis in exchange for common shares in the capital of the company.

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Aurora Cannabis, Inc. (NYSE: ACB) (Market Cap: $7.246B, Share Price: $7.56) 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.

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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