Undiscovered Cannabis Related Stock Set to Make Big Moves
HENDERSON, NV / ACCESSWIRE / October 24, 2018 / While there is quite a bit of doom and gloom on the market, some stocks look like they are set to beat the market with some big moves.
A very interesting microgrid company that we have discovered is CLSK (CleanSpark, Inc.). CLSK provides the Best-in-Class microgrid solution to the cannabis industry. If this is your first time hearing about CLSK, starting doing your own due diligence right away. CLSK could start receiving increased attention from the street at any moment. Those that find CLSK before the rest of the crowd, could be in store for an incredible run.
One big reason is investors are starting to look into the company’s recent filings and seeing the company just inked an $18 million-dollar deal!
The deal calls for CLSK to build one of its patented microgrid systems on Macerich’s (MAC) Thousand Oaks facility in California. Investors searching for oversold opportunities will find this stock and the thing could go hyperbolic. Start your research on CLSK now.
Stocks to watch Monday include: CleanSpark, Inc. (CLSK), HEXO Corp. (HYYDF), Puration, Inc. (PURA), KushCoHoldings, Inc. (KSHB), and MedMen Enterprises, Inc. (OTCQB: MMNFF)
CleanSpark, Inc. (CLSK)
Market Cap: $109.14M Share Price: $3.10
CleanSpark, Inc. (CLSK), is a unique company that offers microgrid solutions for a variety of clients. Matthew Schultz, CEO of CleanSpark, Inc talked with Stock Day’s Marcus Heatherly about what they have to offer in energy and software solutions. To listen to the full interview with Matthew Schultz, click the link to the podcast here: https://upticknewswire.com/featured-interview-ceo-s-matthew-schultz-of-cleanspark-inc-otcqb-clsk/
HEXO Corp. (OTC PINK: HYYDF)
Market Cap: $882.39M Share Price: $4.46
HEXO Corp. was one of 8 companies recently welcomed into the Responsible Cannabis Framework of the Global Cannabis Partnership (GCP). Founded by Revolution Strategy, the Global Cannabis Partnership is a collaboration of leaders in the government-sanctioned, adult-use recreational cannabis industry. With representation from government, private-sector and affiliate organizations, the GCP is creating an international standard for the safe and responsible production, distribution and consumption of legal recreational cannabis.
Puration, Inc. (PURA)
Market Cap: $5.75M Share Price: $0.115
Puration, Inc. announced initiating its first production run of an updated formula for its EVERx CBD Sports Water. This production run will also include the new EVERx labels. The Company introduced its CBD Sports Water at Arnold Schwarzenegger’s Arnold Sports Festival early in 2017. Sales of EVERx have since grown 600%.
KushCo Holdings, Inc. (OTCQB: KSHB)
Market Cap: $413.82M Share Price: $5.27
KushCo Holdings, Inc. (KSHB), the parent company of innovative cannabis industry leaders such as Kush Supply Co., Kush Energy, The Hybrid Creative, and Koleto Packaging Solutions, which provide a range of services and products for the regulated cannabis, CBD and other related industries, announced that it has joined the Sustainable Packaging Coalition (“SPC”), a membership-based collaborative that is considered the leading voice on sustainable packaging solutions. They are the first Cannabis company allowed in this coalition.
MedMen Enterprises, Inc. (OTCQB: MMNFF)
Market Cap: $449.71 Share Price: $6.49
MedMen Enterprises, Inc. (MMNFF) and Chicago-based PharmaCann LLC have provided additional detail related to the binding letter of intent for MedMen to acquire all of PharmaCann’s outstanding equity interests. Under the terms of the Agreement, PharmaCann units will be exchanged for equity interests which will include the right to receive the Company’s Class B Subordinate Voting Shares, and which on a pro-forma basis will equal 25% of the then fully-diluted outstanding shares of the Company (calculated based on the treasury stock method) upon the closing of the transaction. The total transaction was valued at $682 million (USD) based on the closing price of the Company’s Class B Subordinate Voting Shares on October 9, 2018 (such value being subject to change based on the daily closing price of the Company). No change of control to the Company will result upon the Closing. The Shares are expected to be subject to lock up agreements for a period of between 6-12 months.