Tweed Inc. (Tweed), wholly owned subsidiary of Canopy Growth Corporation (Canopy Growth) (TSX: CGC) (OTC: TWMJF)

Tweed Inc. (Tweed), wholly owned subsidiary of Canopy Growth Corporation (Canopy Growth) (TSX: CGC) (OTC: TWMJF)

Tweed Inc. (Tweed), wholly owned subsidiary of Canopy Growth Corporation (Canopy Growth) (TSX: CGC) (OTC: TWMJF), launched Lemon Skunk in the Tweed store. This is the first strain bred from DNA Genetics, hand selected through painstaking phenotyping by DNA Genetics, and grown to DNA standards in Tweed’s world-class facility at One Hershey Drive in Smiths Falls, Ontario.

The dispatch of this prestigious line-up of handpicked hereditary qualities takes after a late declaration that Tweed has propelled another seed rearing zone, which will serve as a monstrous quickening agent towards exceptional item improvement capacities keeping in mind the end goal to extend quality and assortment through development.

Notwithstanding fresh out of the box new items, Tweed and DNA have worked together on a phenotyping venture that has now yielded dried cannabis deserving of authority affirmation by the California-conceived, Holland-based reproducing group.

“This coming October will check one entire year we have been working with the fantastic group at Tweed,” said Don of DNA Genetics. “We’ve been through a large number of hereditary qualities over that time, and went through numerous days with the cultivators, base and plants there at Tweed. We’re pleased to put our DNA logo and blessing on the Tweed box.”

The company recently announced strong results for the first quarter with the revenue growth 300% to $7.0 million years over year, also representing a growth of a 39% increase over fourth quarter of last year.

Its shares are currently trading around $2.94 a share with a market capitalization of 321 million. The company’s stock has 52 week range of $1.140 – $3.229 a share. Its daily average share volume stands s around 33,804 shares. The company’s outstanding shares around 107.43 million while authorized share are at 305.91 million.

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The Future of the Marijuana Industry

The Future of the Marijuana Industry

Marijuana is at present classified by the U.S. Drug Enforcement Administration (DEA) as a Schedule I confined medication, the most firmly limited classification. That implies the DEA considers marijuana, together with heroin, LSD and other personality adjusting substances, a medication with no at present acknowledged restorative utilization and high potential for misuse.

In spite of this mark, four states have now authorized marijuana for recreational use, and 23 states altogether have authorized it for medicinal use. Surveys by the Pew Research Center have reported that Americans for the most part support legitimization the nation over, and late studies on the impacts of authorization in Colorado and Washington State have reinforced the case for government sanctioning.

Moreover, on the medicinal front, thinks about have demonstrated that marijuana can be utilized to treat a large group of mental and physical sicknesses. In spite of this, the pot business still faces numerous obstacles before it can achieve full legitimization.

The legalization of marijuana has profited Colorado both financially and socially. Official insights demonstrate that the state gathered $23.7 million from charges, licenses and expenses year-to-date for FY 2015-2016, an expansion of 70 percent ($13.9 million) from the earlier monetary year.

In Washington state, one year after the authorization of recreational maryjane, deals have been averaging $2.4 million a day in August. This means expected revenue of $65 million in FY 2016 for Washington state).

Be that as it may, Colorado and Washington have not quite recently profit by gathering taxes. since the death of Washington Initiative 502 on the November 2012 general vote, Washington has seen its savage wrongdoing rates diminish, while the general wrongdoing rate keeps on staying at a 40-year low.

Colorado has likewise experienced comparative abatements in wrongdoing. Furthermore, the Colorado has enhanced its primary concern, sparing cash on the diminished captures and movement fatalities.

While the legitimization of cannabis in Colorado, Washington, Oregon and Alaska are significant leaps forward for a conceivable government authorization, it is still too soon to refer to the encounters of these states to bolster national medication arrangement choices.

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Terra Tech Corp (OTCMKTS:TRTC) is Set for Big Profits

Terra Tech Corp (OTCMKTS:TRTC) is Set for Big Profits

Maybe the greatest shade on shares of Terra Tech Corp (OTCMKTS:TRTC) has been a reverse split. After second quarter income were accounted for, it a reverse split that was at the forefront of shareholder’s thoughts. The shorts detected the shortcoming and added to Terra Tech plunging underneath $.30 a share.

Be that as it may, now shares are reviving again as a reverse split is solidly off the table. This is awesome news for Terra Tech shareholders and imprints the begin of another bull keep running on the back of Green Rush 2.0 that is going to warm up.

In the second quarter, its generated strong financial performance as TRTC saw development in all cases. Its revenue was standing around $9.7 million, contrasted with $5.0 million in the same time frame in 2015. This is an expansion of 93% from the quarter finished June 30, 2015.

The expansion in second quarter revenue was essentially inferable from sales from the procurement of the Blüm dispensary in Oakland, California, which shut on April 1, 2016, and deals from the Western, Las Vegas Blum dispensary which opened amid the quarter. Second quarter incomes likewise profit by higher Edible Garden offers of its produce, herbs and botanical items.

The company ‘gross margin remains very strong. Its Gross margin for the second quarter of 2016 added up to roughly 17%, contrasted with a gross margin of around 5% for the second quarter of 2015. The enhanced edges were inferable from better margins at Edible Garden, as the business keeps on scaling and higher gross benefit from the cannabis fragments of Blum and IVXX.

Right now, its share is exchanging in the range of 0.37 a share with a market capitalization of $124 million. Its outstanding shares are standing around 349,911,822, while authorized share at 350,000,000

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Surna Inc (OTCMKTS:SRNA)

Surna Inc (OTCMKTS:SRNA)

Surna Inc (OTCMKTS:SRNA) is one name that ought to be on each penny stock financial specialist’s radar. The organization is making enormous moves and conveying for its shareholders. Its first quarter comes about demonstrated that and now shares are near breaking out to the upside.

Surna creates imaginative advancements and items that screen, control as well as location the vitality and asset escalated nature of indoor cannabis development. At present, the organization’s income stream depends on its fundamental item offerings – supplying mechanical innovation and items to business indoor cannabis develop offices.

In the latest quarter, sales increased more than 200% to $2.5 million, contrasted with $819,000, reflecting strong sales and more noteworthy demand as more states authorized cannabis. Gross margin enhanced to 43.6% from 10.8%, reflecting good item blend and the advantage of another evaluating plan. Working costs were $724,000, contrasted with $968,000. Operating income enhanced to $365,000, from a working loss of $880,000.

As of March 31, 2016, cash was standing around $1.1 million, contrasted with $331,000 at December 31, 2015. Deferred revenue was around $1.4 million, up from $986,000. Defered income speaks to contracts in advancement, as the organization perceives income as items are sent or services are performed. The organization gained significant ground in Q1.
Surna secured an agreement for roughly $725,000 with Las Vegas cultivator Cloud 9 Wholesale for an office that spreads 30,000 square feet, which will require around 550 tons of cooling hardware for development atmosphere control.

SRNA likewise got four configuration licenses from the United States Patent and Trademark Office for its Surna Reflector items that convey more straightforward light to the covering while giving one of a kind thermodynamic attributes that enhance heat exchange from the development territory.

Surna now has eight pending patent applications and four issued licenses. Its outstanding shares are standing around 145,898,850, while authorized shares at 500,000,000

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Scotts Miracle-Gro Co. (NYSE:SMG)

Scotts Miracle-Gro Co. (NYSE:SMG)

Scotts Miracle-Gro Co. (NYSE:SMG) is a marketer of branded consumer lawn and garden products. Its products are marketed under the brand names in the industry, including, in North America, Scotts and Turf Builder lawn and grass seed products, including the Miracle-Gro, Scotts, Liquafeed and Osmocote1.

Stock price of consumer lawn and garden products leader, The Scotts Miracle-Gro Company jumped 11.5% a month ago, after the organization reported its monetary third quarter results. Truth be told, the greater part of the stock’s month to month picks up originated from that solitary declaration toward the start of August, which held consistently. The stock is currently up 27% year to date.

Contrasted with the same time frame in 2015, revenue in the latest quarter really dropped 10.5%, to $994 million. The vast majority of the decrease originated from poor climate and the way that the organization moved its monetary timetable, which brought about six less days amid the current year’s second quarter. Gross margin for the quarter developed to 36% and GAAP (sound accounting guidelines) operating income developed to $127 million, contrasted with 34.7% and $115 million, in the year-prior period.

In spite of headwinds from climate and rebuilding, Scotts Miracle-Gro has increased sales by 3% in the initial nine months of its current financial year contrasted with the same time frame a year ago. Gross margin also enhanced, while operating income has grown an astounding 52%. More essential for speculators, administration is ordering a few cost-slicing measures to help operational proficiency, and raised the profit 6%. Scotts additionally procured a stake in two organizations to goad long haul development.

The company’s share are currently trading around $79 a share with an average daily volume of 28,984 shares. Its outstanding shares are standing around 61,411,683, while the company has market capitalization of 4.8 billion.

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