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Best Way to Play Growing Microgrid Market

The extent of growth for the microgrid market in North America can be depicted through the recent announcement by Go Electric which declared the securing of $4 million from WindSail Capital Group. In fact, experts estimate that microgrid installed capacity in North America will surpass 3 GW by 2024. This growth will be driven by the rising prevalence of renewable energy use, advantages of microgrid deployment, and compelling natural catastrophes that have underlined the benefits of using microgrids.

One of the most promising companies in the microgrid space is CleanSpark, Inc. (CLSK) Cleanspark microgrid company which helps companies get the most out of their energy, announced record equipment sales and shipments for the month of May. Equipment sales for the month of May were more than $1 million, as compared with equipment sales of $431,000 during the first three months of 2019.

This is a huge piece of news following their last big announcement that it’s solar plus storage microgrid located at the Marine Corps Base Camp Pendleton has achieved government acceptance.  This proves that CLSK has more than a great idea, they have a government verified technology that is in major demand in several industries.

This announcement capped off a big week for CLSK. CLSK also announced the release of 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. CLSK is worth looking into right away!

Today’s Spotlight: CleanSpark, Inc. (CLSK) Valens GrowWorks Corp. (VGWCF), Aleafia Health, Inc. (ALEAF), MJardin Group, Inc. (MJARF), and Harvest Health & Recreation Inc. (HRVSF).

CleanSpark, Inc. (CLSK) (Market Cap: $90.834M Share Price: $2.05) 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.  Check this out!

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Valens GrowWorks Corp. (VGWCF) (Market Cap: $360.577M Share Price: $3.0029) has rallied after GMP Securities raised its stock price target after the company’s latest quarterly earnings. GMP analyst Martin Landry boosted his price target to $10 from $8 and reiterated his buy rating. Valens’ first-quarter earnings were in line and are mostly immaterial to its earnings power as it remains in the early stages of its growth cycle, he wrote.

But the company’s comments on demand for its extraction services support Landry’s fiscal 2020 forecasts, he wrote in a note to clients, and the company is an ideal partner for potential international consumer packaging companies seeking to source a cannabis-derived product in Canada.  Valens is aiming to be the biggest third-party vape pen manufacturer and distributor in Canada, and is developing formulations for drinks and edibles, which will become fully legal in Canada in October.

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Aleafia Health, Inc. (ALEAF) (Market Cap: $271.754M Share Price: $0.9886) provided a corporate update and report on its financial results for the year-ended December 31, 2018. 

“2018 saw Aleafia Health build the foundation for a breakthrough 2019 and beyond. We believe that our strategically placed assets, strong management team and distribution channels will allow us to scale our global mission of growing, processing and selling high-margin, value-added cannabis health and wellness products,” said Aleafia Health CEO Geoffrey Benic. “It is a testament to the executional capabilities and commitment of our team that Aleafia Health has grown from a pre-revenue business to one of the largest licensed producers in under one year.”

MJardin Group, Inc. (MJARF) (Market Cap: $66.6M) (Share Price: $1.00)  a leader in cannabis production, recently announced the completion of an Agreement (the “Agreement”), whereby the Nova Scotia Mi’kmaq First Nations (“Mi’kmaq”) will own a 51% stake in AtlantiCann Medical Inc. (“AMI”). As a result of the Agreement, MJardin and the Halef Group will own 39% and 10% of AMI, respectively. In connection with the partnership formed under the Agreement, MJardin, the Mi’kmaq and the Halef Group are contemplating expansion of their relationship, including retail.

MJardin Group, Inc., through its subsidiaries, operates as a specialized cannabis management company primarily in the United States and Canada. The company offers its partners turnkey cannabis cultivation, processing, and retail solutions

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Harvest Health & Recreation Inc. (HRVSF) (Market Cap: $1.986B) (Share Price: $6.44) announced the granting of stock options pursuant to the stock option plan of the Corporation, whereby the Corporation has granted a total of 12,350,250 stock options to certain officers, directors, employees or consultants of the Corporation. This was on the heels of the announcement that it has entered into a binding agreement to acquire Verano Holdings, LLC, one of the largest privately held multi-state, vertically integrated licensed operator of cannabis facilities, in an all-stock transaction for an estimated purchase price of approximately USD $850,000,000 based on a share price of CND $8.79.

Harvest Health & Recreation Inc. cultivates, manufactures, and retails cannabis in the United States. The company is headquartered in Vancouver, Canada.

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.  Regal was paid an additional $100,000 for April Services.  Regal was paid an additional $34,000 for May services.  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 hundred 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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