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).

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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.

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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.

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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.

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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.

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