The SunnySide of #Cannabis;
Cannabis Growth Boosts #Solar Market; (TSX: $VFF.V) (OTC: $SING) (CSE: $HUGE.C)
(CSE: $BGRD.C)
Point Roberts WA,
Delta BC – March 21, 2019 - Investorideas.com, a leading investor news resource covering
hemp and cannabis stocks releases the first article in a two part series on how
the growing global cannabis market is boosting ancillary markets, including the
solar/cleantech industry.
Recently MarketsInsider noted, “Marijuana
appears to be the fastest-growing job sector in the US, adding 64,389 full-time
legal cannabis jobs in 2018, according to a new report from the cannabis
website Leafly and the consultancy Whitney Economics, representing a 44%
increase in total positions, which rose to 211,000.”
“And that's not
counting jobs indirectly related to the marijuana industry, like lawyers,
accountants, security consultants, media companies, and marketing firms. With
those included, the report said, there were 296,000 payrolls in the sector last
year.”
One sector getting a
major boost from cannabis is solar, due in part to the high energy requirements
of indoor grow facilities and the cannabis industry as a whole.
Read this in full at https://www.investorideas.com/news/2019/renewable-energy/03211Cannabis-Solar.asp
Village Farms International, Inc. (TSX:VFF) (OTCQX:VFFIF) first realized the
advantages of solar in 2016, when they, SolarCity and MP2 Energy agreed to build a 2
megawatt solar array adjacent to Village Farm’s 30 acre Permian Basin Division
greenhouse in Monahans, Texas. The solar system provides the facility with
nearly all of its daytime electricity needs, and will generate more than 82
million kilowatt-hours of power over the life of the system.
SinglePoint (OTC: SING), a technology and investment
company with a focus on acquiring companies that will benefit from the injection
of growth capital and technology integration in the mobile payments, ancillary
cannabis services and blockchain solutions, recently announced signing an asset
purchase agreement to acquire Direct Solar and AI Live Transfers. The two
companies are providing what has been described as ‘the Lending Tree Model for
solar business.’ With the proposal of The Green New Deal, solar is at the
forefront of every conversation and will continue to be top of mind as the
nation grows through an "energy shift" to renewable resources such as
solar.
According to Zion Market Research, the global
Solar Panel Market accounted for USD $30.8 Billion in 2016 and is expected to
reach USD $57.3 billion by 2022 growing at a CAGR of 10.9% between 2017 and
2022.
Cannabis producer FSD Pharma Inc. (CSE: HUGE) (OTC: FSDDF) and Solarvest
BioEnergy Inc., a technology company which has developed an algal-based
flexible production platform capable of producing health products, recently announced that they have
signed a non-binding letter of intent to enter into a definitive agreement in
which Solarvest would conduct research using its algal expression technology to
develop pharma-grade cannabinoids. The Parties would make mutual investments
into one another and Solarvest would grant FSD Pharma an exclusive license over
a subset of the Project Cannabinoids and certain royalty rights over all of the
other Project Cannabinoids.
“If successful, this could dramatically disrupt current
cannabis cultivation methods for medical purposes. It could reduce the majority
of time, space and costs associated with cannabis cultivation for medical
purposes, specifically cannabis with GMP Certification. We are very pleased to
collaborate with Solarvest on the development of promising alternative methods
of cannabinoid production using algal technology” said Zeeshan Saeed, President
and Founder of FSD Pharma. “We have been impressed by Solarvest’s management
knowledge and operations and believe that future commercial production of
cannabinoids using their algal-based production platform combined with our
proposed investment in Solarvest have the potential to create significant value
for our shareholders.”
Braingrid
Limited (CSE:BGRD) (OTC:BGRDF), a global provider of affordable,
scalable and easy-to-deploy sensor platforms for precision agriculture is
adopting solar in a different way, having announced the first commercial deployment of
its innovative, self-powered Sentroller
S precision agriculture technology at Canadian licensed producer WeedMD Inc.'s
modern greenhouse facility, located in Strathroy, Ontario.
Sentroller S brings all the great features of Braingrid's
original Sentroller platform to cultivators including quick installation,
online dashboards and reports, as well as email alarm notifications. This allows growers the peace of mind that
their cannabis crops are safe and thriving.
The self-powered Sentroller S uses a solar panel that enables an even
quicker install and limitless possibilities for sensor placement. This true wireless freedom helps cultivators
monitor growing conditions where it matters - in and around the plant canopy
where power connections are not often available.
With
more cultivation and processing facilities going into construction every week,
the high energy demands placed on energy grids or the need for microgrid
solutions are expected to have a huge influence on the solar energy sector. Continued
in part 2 of this series we look at how not only solar, but many other
ancillary sectors are being boosted by rapid growth in the cannabis sector.
For investors
following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX
Marijuana/Hemp Stocks
About Investorideas.com
Investorideas.com is a recognized news source publishing third party
news and press releases plus we create original financial content. Learn about
investing in stocks and sector
trends from Investorideas.com with our
news alerts , articles , podcasts and videos talking about
cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water,
renewable energy and more . Investorideas.com original branded content includes
the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and
column, Cleantech and Climate Change
Podcast and the AI Eye Podcast and column covering developments in AI.
Follow us on Cannabis Social Media
Investorideas.com
Disclaimer: Our site does not make recommendations for purchases or sale of
stocks, services or products. Nothing on our sites should be construed as an
offer or solicitation to buy or sell products or securities. All investment
involves risk and possible loss of investment. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. Contact each company directly regarding content and
press release questions. Disclosure is posted for each compensated news
release, content published /created if required but otherwise the news was not
compensated for and was published for the sole interest of our readers and
followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this article featuring SING
is a paid for service on
Investorideas.com . Learn more about costs and our services
https://www.investorideas.com/News-Upload/
Additional info
regarding BC Residents and global Investors:: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors
must adhere to regulations of each country.
Please read
Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Investor Ideas does not condone the use of cannabis
except where permissible by law. Our site does not possess, distribute, or sell
cannabis products.
Contact Investorideas.com
800-665-0411
Posts
No comments:
Post a Comment