Alternet Sytems Inc. (USOTC: ALYI) Enters Cannabis Market Positioned To Soar On US Hemp Legalization

New York, NY -- October 19, 2018 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) yesterday announced launching a hemp supercapacitor initiative with the engagement of Clarkson University Professor David Mitlin, a leading expert in electrochemistry and a pioneer in the use of hemp as a clean, renewable energy in the form of a supercapacitor. The move by ALYI was subtle, but potentially brilliant. First, the cannabis sector is white hot with the legalization of recreational marijuana in Canada having gone in effect this week and major Fortune 500 brand names moving into the sector. The cannabis sector is also simmering along even further with the potential legalization of unrestricted hemp farming in the United States being included in the pending 2018 Farm Bill. If hemp farming becomes legal, ALYI could light on fire. What the ALYI press release news did not point out, is that David Mitlin already holds a US patent for a hemp supercapacitor. In short, ALYI, with Mitlin could intorduce an organic, sustainable, better than battery product and a fraction of the expense of available energy storage solutions currently available. ALYI’s hemp energy move is one to watch.

ALYI - Speculative-Buy and $0.09 Target PPS

Goldman Small Cap Research recently issued an updated research report on ALYI. The report includes a 'speculative-buy' rating with a target price-per-share of $0.09. The report provides an in-depth overview and analysis of Alternet's new strategy, new orders, and upcoming milestones. To view the report, along with disclosures and disclaimers, visit https://www.alternetsystemsinc.com/research-rpt/ or http://www.GoldmanResearch.com. Management indicates that the company will engage Goldman to issue another update in the event the company reaches its first million in revenue by year end, 2018.

Other cannabis sector companies in the news include Puation, Inc. (PURA), Rocky Mount High Brands, Inc. (RMHB), and North American Cannabis Holdings, Inc. (USMJ).

Disclaimer/Safe Harbor:

This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Source: www.nextbigticker.com