Microgrid Tech That Could Change Cannabis

 

May 7, 2019 -- InvestorsHub NewsWire -- Microcap Speculators -- Cannabis prices have imploded as more growers set up shop and 2018 yielded strong harvests.  That's good news for a cannabis consumer, but for the industry it means difficulty in turning a profit.

"In almost every established market that's been around more than a couple of years, right now we recommend getting production costs down to $300/pound or below to stay competitive. That's a steep curve from where it was a year or two ago," said Jacob Policzer, director of science and strategy at The Cannabis Conservancy, a group that provides sustainability certifications to producers. 

"Getting costs down will be the biggest factor moving [the industry] towards energy efficiency and sustainable growing practices," Policzer said.

One company that could help the cannabis industry with this problem, CleanSpark, Inc. (USOTC: CLSK), just released a production version of its Microgrid Value Stream Optimizer (mVSO). Rather than rely on a black box algorithm coupled with a spreadsheet of projected savings, CLSK’s mVSO displays in great detail how real savings can be achieved, down to 15-minute intervals.  Customers only need to provide CleanSpark with a year's worth of utility interval data for their mVSO to begin its calculations.  In some cases, an overall cost reduction of up to 90% can be achieved.  This same tech is what they are using to solve cannabis’ energy problem.

Something big happened Friday, CLSK announced their tech has achieved government acceptance of its solar plus storage microgrid located at the Marine Corps Base Camp Pendleton.  This shows that CLSK has more than a great idea, they have a government verified technology that is in major demand in several industries.  Start your research today.

Today we are highlighting: CleanSpark, Inc. (USOTC: CLSK), Auxly Cannabis Group, Inc. (USOTC: CBWTF), Aphria, Inc. (NYSE: APHA), Cirrus Logic, Inc. (CRUS), and SunPower Corporation (NASDAQ: SPWR).

CleanSpark, Inc. (USOTC: CLSK) (Market Cap: $116.690M; Share Price: $2.71) has had quite the year.  The company engaged a firm to navigate their uplisting, announced the near completion of a $900k contract to install a CLSK microgrid at a U.S. Marine Corps Base and has been progressing on a $18.3 million deal with NYSE company MAC.  Now is the time to start your research on CLSK. 

CLSK has a microgrid energy solution for the cannabis industry that dramatically decreases the cost of energy associated with producing each pound of valuable cash crop.  A cannabis business using $90,000 per year in energy has the potential to reduce its operating costs (flowering stage) from $270/lb. to $200/lb., producing a 15% ROI over 10 years.

CLSK currently has several revenue generating projects.  It also released an Edgar filing reporting $20 million in financing in the form of Debenture, the Series B Preferred Stock, the Warrant and the Common Stock.  With the warrants being priced $3.50 per share with respect to 2,000,000 Warrant Shares, $4.00 with respect to 100,000 Warrant Shares, $5.00 with respect to 100,000 Warrant Shares, $7.50 with respect to 50,000 Warrant Shares and $10.00 with respect to 50,000 Warrant Shares, the parties are surely anticipating growth.  This committed financing will help accelerate the development and deployment of CleanSpark's Distributed Energy Resource (DER) Solutions to commercial customers.

CLSK has outlined several initiatives in their recent letter to shareholders.  CLSK is planning to initiate a marketing campaign to start reaching indoor cannabis growers dealing with inefficient energy usage in need of their services, push forward their projects with recent acquisition of Intellectual Property of Pioneer Critical Power Inc, and facilitate growth in their R&D to find new industries their solution can improve.  Start your research now.

________

Auxly Cannabis Group Inc. (USOTC: CBWTF) (Market Cap: $381.232M; Share Price: $0.6289) released its fourth quarter and full year 2018 financial results in March 2019.  These filings and additional information regarding Auxly are available for review on SEDAR.  For the year ended December 31, 2018, Auxly recognized $747,000 of research revenues from the recently completed acquisition of KGK in the third quarter of 2018.  Auxly realized a gross loss of $188,000 in 2018 comprised of revenues less KGK expenses of $1,078,000 in support of third-party research contracts.

On April 8, it announced that its wholly-owned subsidiary, Robinsons Cannabis Inc. ("Robinsons"), has been granted standard cultivation and processing licenses by Health Canada pursuant to the Cannabis Act and Cannabis Regulations. The licenses give Robinsons the ability to begin cultivation at its fully constructed 27,700 square-foot facility in Kentville, Nova Scotia, which was purpose-built to produce high-quality cannabis.

Auxly Cannabis Group Inc. operates as a cannabis streaming company.  It provides funding for cannabis production and holds contractual rights and minority equity interest relating to the operation of cannabis facilities.  The company was formerly known as Cannabis Wheaton Income Corp. and changed its name to Auxly Cannabis Group Inc. in June 2018.  Auxly Cannabis Group Inc. was incorporated in 1987 and is headquartered in Vancouver, Canada.

________

Aphria Inc. (NYSE: APHA) (Market Cap: $1.738B; Share Price: $6.89) announced in April that its German subsidiary, Aphria Deutschland GmbH, has been selected by the German Federal Institute for Drugs and Medical Devices to receive a license for the domestic cultivation of medical cannabis.  The provisional decision announced by BfArM is subject to a mandatory 10-day standstill period for public contracts, which permits unsuccessful bidders to challenge the decision before the final contract is signed.

On April 8, Viridium Pacific Group Ltd. ("Viridium" or the "Company") (TSXV:VIR) (OTC PINK:VIRFF) had announced that its wholly owned subsidiary, EFX Laboratories Inc. ("EFX"), a contract manufacturer of cannabis oil capsules, has commenced medical two-piece capsule sales through its partnership with Broken Coast Cannabis Ltd. ("BCC"), a wholly owned subsidiary of Aphria Inc. ("Aphria") (TSX: APHA and NYSE: APHA) available to BCC medical clientele via their online sales portal.  Under the terms of the agreement between EFX and Aphria, the agreement enables EFX to provide commercial manufacturing services with a revenue sharing structure on the medical two-piece capsule containing various THC and CBD concentrations.   

Aphria Inc. produces and sells medical cannabis in Canada and internationally.  The company offers sativa, indica, and hybrid medical marijuana products, as well as cannabis oils.  It serves patients and health professionals.  The company also sells its products online. Aphria Inc. is headquartered in Leamington, Canada.

________

Cirrus Logic, Inc. (CRUS) (Market Cap: $2.94B; Share Price: $49.71) posted on its website, the quarterly Shareholder Letter that contains the complete financial results for the fourth quarter and full fiscal year 2019, which ended March 30, 2019, as well as the company's current business outlook last week.

Reported Financial Results - Fourth Quarter FY19

  • Revenue of $240.4 million;
  • GAAP and non-GAAP gross margin of 51.8 percent and 52 percent, respectively;
  • GAAP operating expenses of $117.5 million and non-GAAP operating expenses of $102.9 million; and
  • GAAP earnings per share of $0.10 and non-GAAP earnings per share of $0.37.

Reported Financial Results - Full Year FY19

  • Revenue of $1.19 billion;
  • GAAP and non-GAAP gross margin of 50.4 percent and 50.5 percent, respectively;
  • GAAP operating expenses of $496.7 million and non-GAAP operating expenses of $411.9 million; and
  • GAAP earnings per share of $1.46 and non-GAAP earnings per share of $2.64.

Cirrus Logic, Inc., a fabless semiconductor company, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs) for a range of consumer and industrial markets. The company offers portable and non-portable audio, and other products.  Its products include analog and mixed-signal audio converters, and digital signal processing products for mobile applications; codecs-chips that integrate analog-to-digital converters and digital-to-analog converters into a single IC; smart codecs, a codec with digital signal processer; boosted amplifiers; micro-electromechanical systems microphones; digital interface products; and standalone digital signal processors. With headquarters in Austin, Texas, Cirrus Logic is recognized globally for its award-winning corporate culture. 

________

SunPower Corporation (NASDAQ: SPWR) (Market Share: $1.076B Share Price: $7.56) continues to capture a large share of the distributed generation solar market, according to the U.S. Energy Information Administration.  In Wood Mackenzie's latest U.S. PV Leaderboard report made available in March ‘19, SunPower remained the No. 1 provider of commercial solar solutions for a second year running.  And as an essential partner to its nationwide residential dealer network, the company also maintained a leadership position as one of the top residential solar panel manufacturers for the second consecutive year.  

As one of the world's most innovative and sustainable energy companies, SunPower Corporation researches, develops, manufactures, and delivers solar solutions worldwide.  It operates through three segments: Residential, Commercial, and Power Plant.  The company provides solar power components, including panels and system components, primarily to dealers, system integrators, and distributors.  It also offers commercial rooftop and ground-mounted solar power systems, and residential mounting systems.

________

Signed by

Priyanka Goel, CFA

 

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 $100,000 for services for February.  Regal was paid an additional $100,000 for March services.  CLSK has paid an additional $100,000 for services for March.  CLSK has paid an additional $80,000 for services for April.  CLSK has paid 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 legal disclaimer/

Full Legal Disclaimer Click Here.

Contact Information:

Company Name: ACR Communication LLC.

Contact Person: Media Manager

Email: info@microcapspeculators.com

Phone: 1-702-720-6310

Country: United States

 

SOURCE: Microcap Speculators

 

Auxly Cannabis (QB) (USOTC:CBWTF)
과거 데이터 주식 차트
부터 10월(10) 2024 으로 11월(11) 2024 Auxly Cannabis (QB) 차트를 더 보려면 여기를 클릭.
Auxly Cannabis (QB) (USOTC:CBWTF)
과거 데이터 주식 차트
부터 11월(11) 2023 으로 11월(11) 2024 Auxly Cannabis (QB) 차트를 더 보려면 여기를 클릭.