Cannabis and Tech Stocks to Watch
March 01 2019 - 9:00AM
InvestorsHub NewsWire
Cannabis and Tech Stocks to
Watch
March 1, 2019 -- InvestorsHub NewsWire -- Microcap Speculators
-- Cannabis and Technology are two sectors we are watching
closely. Below are a few companies to research.
One tech stock to watch, Gopher Protocol Inc. (USOTC:
GOPH), is a combination Internet of Things (IoT)/ AI
play that has completed several positive system tests in the
development of their potentially groundbreaking technology. The
company just crossed another major milestone in the development of
their Artificial Intelligence enabled mobile technology. GOPH just
announced they’ve performed successful communication testing of the
Alpha version of their GopherInsight MESH system.
Today we are highlighting: Gopher Protocol Inc. (USOTC:
GOPH), HEXO Corp. (AMEX:
HEXO), CannTrust Holdings, Inc. (NYSE:
CTST), Frontier Communications Corporation (NASDAQ:
FTR), and Fitbit, Inc. (FIT).
As mentioned above the successful communication testing of their
MESH system is just the latest in a string of positive reports from
Gopher Protocol Inc. (USOTC:
GOPH) (Market Cap: $105.693M, Share Price:
$0.5067). The recent test cleared GOPH for
field testing outdoors. Other recent research tests
identified successful cognitive robotics features where robots were
able to sense their environment by means of integrated sensors,
location and computer vision. As part of this research, the
company’s AI artificial intelligence engine was successfully
integrated into robots resulting in improvements in robots’
perception and understanding of human activities and verbal
communications.
In the IoT department, GOPH initiated testing multiple antenna
types and configurations as part of the final phase of development
for its mesh network gateway device. Antennas are a crucial part of
any wireless system, being the central communicator between
wireless clients, so this announcement was very promising.
______
HEXO Corp. (AMEX:
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.
______
CannTrust Holdings, Inc. (NYSE:
CTST) (Market Cap:
$964.205M,
Share Price:
$9.13),
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.
______
Frontier Communications Corporation (NASDAQ:
FTR) (Market Cap: $321.924M, Share Price:
$3.05) reported financial results for the fourth
quarter and full year ended December 31, 2018. Consolidated revenue
for the fourth quarter of 2018 was $2.12 billion. Within
consolidated revenue, Consumer revenue was $1.09 billion,
Commercial revenue was $942 million, and subsidy and other
regulatory revenue were $94 million.
______
Home Connect a dynamic ecosystem created to connect home appliances
to the Internet of Things, kicks off its presence at the 2019
International Builders Show (IBS) by announcing its integration
with leading global wearables brand Fitbit, Inc.
(FIT) (Market Cap:
$1.286B,
Share Price:
$5.92)
helps people lead healthier, more active lives by empowering them
with data, inspiration and guidance to reach their goals.
Legal Disclaimer:
This article was written by Regal Consulting, LLC (“Regal
Consulting”). Regal Consulting has agreed to a two-month term
consulting agreement with GOPH dated 12/31/18. The agreement
calls for $100,000 in cash per month. All payments were made
directly by Gopher Protocol, 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. GOPH 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/
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