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Wednesday, July 31, 2019
Tuesday, July 30, 2019
Young #Green Consumers Driving Sustainable #Retail Trends in Fashion, Cosmetics and Food (OTCQB: $GFTX) (NASDAQ: $REAL) (NASDAQ: $BYND) (CSE: $AGRA.C) (OTC: $PUFXF)
Young #Green Consumers Driving Sustainable #Retail Trends in Fashion, Cosmetics and Food (OTCQB: $GFTX) (NASDAQ: $REAL) (NASDAQ: $BYND) (CSE: $AGRA.C) (OTC: $PUFXF)
Point Roberts WA, Delta BC – July 30, 2019 - Investorideas.com, a leading investor news resource covering food, clean-tech and retail stocks releases a sector snapshot reporting on how millennial consumers have been a driving force in both retail and investment trends as they continue to demand sustainability and company ethics.
Whether it’s in textiles and clothing or food and wellness products, the recent focus on sustainability and ethical business practices is creating a shift in the market, as many companies adapting to this new environment are seeing rapid growth.
A new report from national nonprofit Green America, The Toxic Textiles Report reviewing 14 major US-based corporations, shows much room for improvement across the sector on transparency, chemical, waste and water management as well as workplace conditions.
“Consumers want sustainable clothing and the market is responding,” said Caroline Chen, Green America’s Social Justice Campaigns Manager. “But too often, many of the promises we hear from conventional companies are token sustainability initiatives that are band-aids to one small part of the problem, or empty platitudes without a plan to achieve real change. Sustainability shouldn’t just be a marketing trend.”
Eco Tek 360, Inc., a wholly owned subsidiary of Global Fiber Technologies Inc. (OTCQB: GFTX) has begun its pilot program to “rejuvenate” textile waste.
Eco Tek 360 has made tremendous progress establishing their supply chain and infrastructure that takes them from fiber to final product. With the company’s supply chain now established, their pilot plant set up and the internal testing of their proprietary process complete, they are ready to start taking on small commercial projects.
The company’s core differentiator is their ability to maintain a fiber’s strength and length through their rejuvenation process which allows them to repurpose fibers from each landfill destined item and re-create a high-quality sustainable product that will continue to be repurposed for several years to come. Another benefit when working with cotton products is the ability to reduce carbon and water footprints for corporate clients.
Read this in full at https://www.investorideas.com/news/2019/renewable-energy/07301YoungGreenConsumers.asp
“Each pound of landfill destined cotton waste that we convert into a re-purposed and sustainable product will save an average 500 gallons of water each time it is re-purposed. That means throughout the lifecycle of that original pound of cotton that continues to be rejuvenated, it will help save thousands of gallons of water,” stated Paul Serbiak, CEO of Global Fiber Technologies.
Chris Giordano, Global’s Co-Chairman and President stated “The amount of water that can be saved is truly awe inspiring. If we were to re-purpose just 50,000 pounds of corporate cotton waste it would help save over 25,000,000 gallons of water compared to what would have been needed to grow and process the 50,000 pounds of cotton.”
Global Fiber Technologies’ pilot plant has the capacity to produce over 1.6 million pounds of re-purposed product per year, which translates into 800,000,000 gallons of potential water savings from one small facility.
While Eko Tek 360 is looking to remove the waste created from the textile industry, companies like The RealReal Inc. (NASDAQ: REAL) are looking to reuse what is already produced. The RealReal, the world’s largest online marketplace for authenticated, consigned luxury goods, announced that it will release its financial results for the second quarter ended June 30, 2019, after the market closes on August 13, 2019. These results have been much anticipated due to the company’s quick rise in the market.
The RealReal has managed to capture the growing niche market of those wanting to buy pre-owned (second hand) and real (authentic) luxury goods. In the US in 2018, the second hand apparel market was worth US$24 billion and is forecast to rise to US$64 billion by 2028. The RealReal’s CFO, Matt Gustke sees the potential market at ~US$200 billion.
The RealReal has millions of online shoppers and consignors, three retail stores in NYC & LA and 11 Luxury Consignment Offices across the USA.
RealReal is the first reselling start-up of this generation to go public, and state that they are the world’s largest online marketplace for ‘authenticated’ goods. The Company uses proprietary technology and 100 trained authenticators to screen for fakes and to make available a range of high-end authentic luxury goods. Every product is inspected and vetted before it goes up online.
A recent Forbes article discussed this recent trend of “ethical investing” mentioning “Richard Branson and Bill Gates among the growing number of high-profile names investing in businesses that seek to do social good.”
The article continued, “Many brands label themselves ‘ethical’ because of their commitment to initiatives that include supporting human rights, fair labor conditions and sustainability, but there’s a gap in the environmental, social and government criteria (ESG) that’s used to identify socially responsible companies. At the moment these criteria don’t include animal cruelty, exploitation or abuse.”
There are even companies like Cruelty Free Investing, a recently launched 501C3 non-profit organization, who are intent on providing information surrounding certain exploitations, currently lists every single publicly-traded corporation on NASDAQ, NYSE and NYSE American (formerly AMEX) in one of two lists on Cruelty Free Investing’s website: Companies that do exploit animals, and companies that don’t.
The continued influence of millennial consumers and investors doesn’t stop at clothing though, as the health and wellness sector, with a specific focus on CBD/hemp products has also seen tremendous growth. AgraFlora Organics International Inc. (CSE: AGRA) (OTC: PUFXF), a growth oriented and diversified international cannabis company, recently provided operational guidance and corporate development updates pertaining to its wholly-owned, vertically integrated cannabinoid-infused cosmetics/topicals subsidiary, Canutra Naturals Ltd.
Canutra manufactures and distributes premium personal care, cosmetics and cannabinoid-infused product lines including a suite of trusted consumer brands such as Whole Hemp Health; a Canadian all-natural, hand-made skin care line, formulated with 100% Canadian organic hemp seed oil. Canutra markets its Whole Hemp Health products by way of brick-and-mortar retail outlets, Amazon Prime, as well as direct to consumer, through an integrated Shopify ecommerce platform.
The Company has continued its pre-existing cannabis/hemp research and development partnership with the Universite de Moncton and is pursuing ongoing collaborations with UM to augment its IP portfolio.
Tony Harris, Chief Executive Officer of Canutra stated: “We are thrilled to formally announce the debut of our premium Whole Hemp Health cosmetics line across the continental United States. Compliant distribution south of the border has long been a pinnacle to Canutra’s sustainable sales stratagem. Our recent acquisition by AgraFlora, as well as the subsequent expedited nature of the knowledge transfer process, has allowed us to access diverse economies of scale and robust corporate resources, as made evident by our accelerated entry into the U.S. market. By leveraging Covault’s tried and tested e-commerce marketing platform, we intend to pursue hyper growth within the enormous addressable U.S. marketplace. Canutra exclusive partnership with Covault’s permits us unbridled access to a proprietary marketing toolset, furnished with unique capabilities, extending far beyond what a traditional e-commerce strategy would provide.”
One of the biggest success stories following this new trend and one that has been heavily focused on in the media recently is Beyond Meat, Inc. (NASDAQ: BYND). The company just announced the launch of its latest groundbreaking product Beyond Beef® last month and reported results for the second quarter ended June 29, 2019 on Monday, July 29, 2019 after the market closed.
Beyond Beef is designed to not only look, cook and satisfy like traditional ground beef, but also to be versatile enough to be used in any ground beef recipe including tacos, dumplings, Bolognese, sliders and more. Made with a blend of peas, mung beans and rice proteins, Beyond Beef delivers the meaty taste and texture of the beef, along with marbling intended to melt and tenderize for a satisfying and delicious at-home cooking experience.
“We are thrilled to introduce consumers to our latest product innovation, Beyond Beef,” said Ethan Brown, Beyond Meat Founder and CEO. “This plant-based ground meat allows consumers to enjoy all the culinary versatility of ground beef, with the added nutritional and environmental benefits of eating plant-based meat.”
Looking at trends moving forward, the millennial influence can no longer be dismissed. With many new and old companies adapting to demands for sustainable and ethical practices, it seems the future for many companies may be decided by more young investors and consumers who continue to push for their vision of a healthier world for not only today but well into the future.
For investors following green and health, wellness and sustainability stocks InvestorIdeas.com has created stock directories to research each sector. Learn more about our membership and directories: https://www.investorideas.com/membership/
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Friday, July 26, 2019
Investor Ideas adds New #Stocks in Tech (TSXV: $MTLO.V) (NASDAQ: $JFIN), Biotech (NASDAQ: $OTLK), Green Stocks (NASDAQ: $REAL), Cannabis (CSE: $GRIN.C), Mining (TSXV: $SMN.V) and China-Asia (NASDAQ: $ATIF)
Investor Ideas adds New #Stocks in Tech (TSXV: $MTLO.V) (NASDAQ: $JFIN), Biotech (NASDAQ: $OTLK), Green Stocks (NASDAQ: $REAL), Cannabis (CSE: $GRIN.C), Mining (TSXV: $SMN.V) and China-Asia (NASDAQ: $ATIF)
Point Roberts WA, Delta BC, July 26, 2019 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource announces this week’s additions to its global stock directories in tech, biotech, green, cannabis, mining and China-Asia.
This week’s new tech companies are involved in software, fintech, AI, cloud, internet websites and social media sites, with a number based in Asia, thus crossing into the China-Asia stocks list.
The latest biotech companies focus on eczema treatment, cardiovascular disease and macular degeneration.
Investor Ideas is currently revising its Environment, Renewable Energy and LOHAS (Lifestyle of Health and Sustainability) stock lists, combining them into one new and comprehensive stock list to be called Green and Eco-Friendly Stocks. The new list will include a new section; Health, Wellness and Sustainability Stocks which replaces the LOHAS Stock List and will include this week’s new green stocks - Global Fiber Technologies, Inc. (OTC:GFTX), Code Green Apparel Corp. (OTC:CGAC), The RealReal, Inc. (NasdaqGS:REAL). The new stock lists will be available for viewing on Monday, July 29 – be sure to check it out!
The newest cannabis companies are involved in a “seed to experience” process which includes resin, carts and chocolate edibles and CBD Pet Health products, respectively.
The latest mining company is TSX Venture listed and has operations in Canada and Mexico and the newest China-Asia company is a financial consulting firm that specializes in assisting China-based companies to go public in the US.
New Tech Companies:
Martello Technologies Group Inc. (TSXV: MTLO.V) is a technology company that provides clarity and control of complex IT infrastructures. The company develops products and solutions that monitor, manage and optimize the performance of real-time applications on networks, while giving IT teams and service providers control and visibility of their entire IT infrastructure. Martello's products include SD-WAN technology, network performance management software, and IT analytics software. Martello Technologies Group is a public company headquartered in Ottawa, Canada with offices in Montreal , Amsterdam , Paris , Dallas and New York .
GlobeX Data Ltd. (CSE: SWIS, SWIS.WT) distributes, designs and develops Swiss hosted software solutions for secure data management and secure communications. The Company distributes a suite of secure cloud-based storage, document management and collaboration, encrypted e-mails, and secure communication tools. GlobeX Data sells its products through distributors and telecommunication companies worldwide. GlobeX Data serves consumers, businesses and governments worldwide.
JIAYIN GROUP INC. (NasdaqGM:JFIN) operates as an online individual finance marketplace that connects individual investors and individual borrowers in China. It operates a secure and open platform that facilitates transparent, secure, and fast connections between investors and borrowers
SO-YOUNG INTERNATIONAL INC. (NasdaqGM:SY) is the most popular online destination for discovering, evaluating and reserving medical aesthetic services in China. With reliable and comprehensive content, as well as a multitude of social functions on its platform, users seeking medical aesthetic treatment can discover products and services, evaluate their quality, and reserve desired treatment. Leveraging So-Young’s strong brand image, extensive audience reach, trust from its users, highly engaging social community and data insights, the Company is well positioned to expand both along the medical aesthetic industry value chain and into the massive, fast-growing consumption healthcare service market.
LUCKIN COFFEE INC. (NasdaqGS:LK) has pioneered a technology-driven new retail model to provide coffee and other products of high quality, high affordability, and high convenience to its customers. Empowered by big data analytics, AI, and proprietary technologies, the Company pursues its mission to be part of everyone’s everyday life, starting with coffee. The Company was founded in 2017 and is based in China.
GSX TECHEDU INC. (NYSE:GSX) is a technology-driven education company and a leading online K-12 large-class after-school tutoring service provider in China. GSX Techedu offers K-12 courses covering all primary and secondary grades as well as foreign language, professional and interest courses. GSX Techedu adopts an online live large-class format to deliver its courses, which the Company believes is the most effective and scalable model to disseminate scarce high-quality teaching resources to aspiring students in China. Big data analytics permeates each aspect of the Company’s business and facilitates the application of the latest technology to improve teaching delivery, student learning experience, and operational efficiency.
New Biotech Companies:
Outlook Therapeutics, Inc. (NASDAQCM: OTLK) is a late clinical-stage biopharmaceutical company focused on developing ONS-5010, a proprietary ophthalmic bevacizumab product candidate for the treatment of wet age related macular degeneration (wet AMD) and other retina diseases. ONS-5010 is currently in Phase 3 clinical trials for patients suffering from wet AMD.
Hoth Therapeutics, Inc. (NASDAQCM: HOTH) a Nevada corporation, is a biopharmaceutical company focused on unique targeted therapeutics for patients suffering from indications such as atopic dermatitis, also known as eczema. Hoth has exclusive worldwide rights to the BioLexa Platform.
Acasti Pharma Inc. (NASDAQCM:ACST) (TSX: ACST.V) is a biopharmaceutical innovator advancing a potentially best-in-class cardiovascular drug, CaPre® (omega-3 phospholipid), for the treatment of hypertriglyceridemia, a chronic condition affecting an estimated one third of the U.S. population. Since its founding in 2008, Acasti Pharma has focused on addressing a critical market need for an effective, safe and well-absorbing omega-3 therapeutic that can make a positive impact on the major blood lipids associated with cardiovascular disease risk. Acasti Pharma is developing CaPre in a Phase 3 clinical program in patients with severe hypertriglyceridemia, a market that includes 3 to 4 million patients in the U.S. The addressable market may expand significantly if omega-3s demonstrate long-term cardiovascular benefits in on-going third-party outcomes studies. Acasti Pharma may need to conduct at least one additional clinical trial to support FDA approval of a supplemental New Drug Application to expand CaPre’s indications to this segment. Acasti Pharma’s strategy is to commercialize CaPre in the U.S. and Acasti Pharma is pursuing development and distribution partnerships to market CaPre in major countries around the world.
Green Sector Companies:
MGX Renewables Inc. (CSE: MGXR) has assembled an experienced team to execute the development and commercialization of a dependable low-cost zinc-air battery. This mass storage system offers both environmental and efficiency benefits. MGXR strives to meet the growing need for secure and reliable power.
Global Fiber Technologies, Inc. (OTC:GFTX) is a “green” apparel rejuvenation and fiber recovery company utilizing patent pending technology which takes landfill destined corporate uniforms and rejuvenates them into new, great looking uniforms. The company was formerly known as Eco Tek 360, Inc
Code Green Apparel Corp. (OTC:CGAC) designs, manufactures, and distributes apparel products from eco-friendly and sustainable recycled textiles worldwide. It offers uniforms, caps, T-shirts, aprons, polo shirts, hats, pants, shorts, jackets, and accessories. The company was formerly known as J.D. Hutt Corporation
The RealReal, Inc. (NasdaqGS:REAL) is the world’s largest online marketplace for authenticated, consigned luxury goods. We are revolutionizing luxury resale by providing an end-to-end service that unlocks supply from consignors and creates a trusted, curated marketplace for buyers globally. We aggregate and curate unique, pre-owned luxury supply that is exclusive to The RealReal across multiple categories, including women’s, men’s, kids’, jewelry and watches, and home and art. We have built a vibrant marketplace that we believe expands the overall luxury market, promotes the recirculation of luxury goods and contributes to a more sustainable world.
Cannabis Companies:
Grown Rogue International Inc. (CSE:GRIN) (OTC:GRUSF) is a vertically-integrated, multi-state Cannabis family of brands on a mission to inspire consumers to "enhance experiences" through cannabis. We have combined an expert management team, award winning grow team, state of the art indoor and outdoor manufacturing facilities, and consumer insight based product categorization, to create innovative products thoughtfully curated from "seed to experience." The Grown Rogue family of products include sungrown, light dep and indoor premium flower, live rosin jars and terp diamonds, infused, indoor and sungrown pre-rolls, live resin and rosin carts, along with chocolate edibles created in partnership with a world-renowned Chocolatier.
Applied BioSciences Corp. (OTCQB: APPB) is a diversified company focused on multiple areas of the medical, bioceutical and pet health industry. As a leading company in the CBD and Pet health space, the company is currently shipping to the majority of US states as well as to 5 International countries. The company is focused on select investment, consumer brands, and partnership opportunities in the medical, health and wellness, nutraceutical, and media industries.
Mining Companies:
San Marco Resources Inc. (TSXV: SMN.V) is a Canadian mineral exploration company actively pursuing world class gold, silver, zinc and copper projects with a focus on mining friendly jurisdictions in both British Columbia, Canada and Mexico.The Company's principal focus and asset is the recently optioned Buck Property in north-central British Columbia that has large tonnage gold-silver-zinc potential in a mining-friendly region that includes many former and current operating mines. In addition, the Company's portfolio includes the Mexican properties Chunibas, Espiritu SMR, 1068 and Mariana projects in mining-friendly Sonora state while it pursues other district-scale opportunities.
China-Asia Companies:
ATIF Holdings Limited (NasdaqCM:ATIF) is a company providing financial consulting services to small and medium-sized enterprises in Asia. The Company’s core businesses include going public consulting services, international financial consulting services, and financial media services. The Company has advised several enterprises in China to go public in the U.S. At present, the Company has business centers and service centers in Hong Kong and Shenzhen, and a team of experienced consulting professionals. The Company owns www.chinacnnm.com, a news and media website that provides social news and financial information to the Asian region
The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.
About Investorideas.com - News that Inspires Big Investing Ideas
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.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. 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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
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Tuesday, July 16, 2019
Monday, July 15, 2019
Millennials Investing in a #Green Future: #Cannabis to #Solar: (OTC: $SING) (Nasdaq: $CSIQ) (TSX: $TGOD.TO) (TSX: NRTH.V)
Millennials Investing in a #Green Future: #Cannabis to #Solar: (OTC: $SING) (Nasdaq: $CSIQ) (TSX: $TGOD.TO) (TSX: NRTH.V)
Point Roberts WA, Delta, BC – July 15, 2019 - Investorideas.com, a leading investor news resource covering cannabis, hemp and solar stocks releases a sector snapshot reporting on green investing trends from renewable energy to cannabis and how millennial investors are driving this movement.
TD Ameritrade’s recent trading data reflected this green investing trend; “Millennials with TD Ameritrade accounts favored buying Tesla, Canopy Growth, Beyond Meat, Uber and Nvidia in June, according to new research from the brokerage platform. What’s interesting — and perhaps alarming to the hardcore over 40-year-old investor — is that all of these companies except for Nvidia are solidly unprofitable. Moreover, it’s wildly unclear when the likes of Tesla, Canopy Growth, Beyond Meat and Uber will turn sustainably profitable.”
This speaks to the many uptrends we’ve seen in solar and renewable energy stocks, along with cannabis and wellness companies as younger investors seem to focus more heavily on concept and environmentalism first, and profitability second. But they may be seeing a greener future as they continue to bet on the sector.
According to a report on the global Solar Panel Market from Zion Market Research, the solar 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.
The report states, “the Global Solar Panel market is expected to witness positive growth within the forecast period on account of increasing government incentives for the adoption of renewable energy alternatives for power generation. A solar panel uses solar energy to cleanly and efficiently produce electricity. For many years solar was considered as the main pillar of a future renewable energy based system. Demand for a solar panel is increasing prominently all over the world.”
SinglePoint Inc. (OTC: SING), a technology and acquisition company that provides mobile payments, ancillary cannabis services and solar in the United States has been betting on both aspects of this green strategy to ensure a synergistic future. For the hemp component, the company recently announced signing a large contract to supply more than 275,000 pounds of premium hemp flower over a period of 15 months, while the company’s solar subsidiary, Direct Solar has been developing a commercial solar lending solution to serve customers that own and/or manage commercial properties.
Direct Solar will be one of the first companies to offer this type of lending solution and is expected to launch in the next four to six weeks.
Read this in full at https://www.investorideas.com/news/2019/cannabis/07151Stocks-Cannabis-Solar.asp
“Currently there are a lot of residential lending solutions as well as large scale lending for solar farms and high megawatt projects. We have yet to find a solution that will finance projects in the small to medium commercial space. Our financing solution will provide these customers with quick funding turn around and require no personal guarantees. We believe there is enough projects for us to turn $100 Million dollars in lending over the next 9-12 months,” states Pablo Diaz, Founder and CEO of Direct Solar.
“This is a massive opportunity to fill a huge gap in the market. There has not been a solution we’ve found like ours simply because the current model means you are either a lender or installer. Direct Solar being one of the only solar brokers in the market means we can work with the customer to find the right installer and the right lender. Matching these two together is a win-win for everyone involved,” states Brian Odle, National Finance Director, Direct Solar.
Coming off of a major month (May 15, 2019 – June 15, 2019), Direct Solar closed $1,709,460 in solar installs. This revenue should generate approximately $803,769 in gross and $361,541 in net. Additionally, the company added three new major service areas with a fourth on the way. This has all been residential driven. The addition of the commercial solar opportunity should dramatically increase the quick growth the company has already been experiencing.
These numbers quickly put Direct Solar on the path to profitability from a cash flow standpoint. Management from SinglePoint and Direct Solar are very excited to see the continued growth of the solar business through multiple avenues including commercial.
Direct Solar, also recently announced that the company has signed on to become the exclusive solar marketing partner to support the various fall sports programs for 47 Texas schools across Dallas/Fort Worth, Houston, Austin and Waco. Between August 1st and December 31st, 2019, any solar systems that are sold within these school districts will receive a $250 donation to the Fall Sports Booster Program at the school.
“We appreciate the support we have received from Texas. We wanted to find a way to give back to the communities that we have been doing business in and felt what better way to show that support by donating to the Fall Sports Booster Programs,” states Allen Kruse, Marketing Director of Direct Solar.
Canadian Solar Inc. (NASDAQ: CSIQ), one of the world's largest solar power companies, recently announced that its wholly owned subsidiary Recurrent Energy, LLC has signed a 15-year power purchase agreement with Anheuser-Busch, the beverage company who late last year signed an agreement with Tilray, for 310 MWp/222 MWac of electricity from its Maplewood solar project.
This landmark contract is the seventh largest commercial and industrial power purchase agreement for solar energy signed in the entire world to date, according to data supplied by Bloomberg New Energy Finance. The PPA, which marks the early achievement of Anheuser-Busch's 2025 Renewable Electricity goal in the United States, also represents the US beverage industry's largest single purchase of solar energy.
"The signing of this power purchase agreement with Anheuser-Busch, the US beer industry leader, demonstrates Canadian Solar's ability to meet the needs of a diverse array of corporate customers. We're honored to supply affordable clean energy to a C&I customer base spanning the sectors of academia, transportation, traditional energy, and now food and beverages," said Dr. Shawn Qu, Chairman at Canadian Solar. "Looking at publicly announced deals, we are proud to be the leading solar developer in the Texas market, with over 1.3 gigawatts of signed electricity contracts for energy generated within ERCOT's service territory."
The Maplewood solar project, located in Pecos County in the Permian Basin of West Texas, will power the equivalent of 55,000 homes with clean electricity when it begins operations by 2021. Canadian Solar's high efficiency poly modules are likely to be used for the project.
"We take immense pride in being good stewards of the environment and are excited to announce that by 2021 our entire portfolio of beers will be brewed by using 100 percent renewable electricity from solar and wind power," said Ingrid De Ryck, Vice President, Procurement and Sustainability at Anheuser-Busch. "Through our new partnership with Recurrent Energy, we will be able to complete one of our 2025 U.S. sustainability goals four years ahead of schedule."
Some companies like The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF), have built their whole company around “green initiatives” with their main focus being on recyclable packaging, LED efficient lighting and hybrid facilities which allow for absorption of natural sunlight, environmental advocacy as well as organic certification. The company recently announced that its flagship Valleyfield, QC facility has received its organic certification from Pro-Cert, an internationally recognized leader in organic certification.
Once completed, TGOD's Valleyfield facility is going to be the world's largest organic cannabis facility at over 1.3 million square feet. This Pro-Cert recognition adds another certification to the Company's portfolio, in addition to TGOD's already certified organic growing facilities in Canada and Europe and shows TGOD's commitment to cement its position as the leading organic cannabis brand globally.
"It's exciting to reach new milestones as we begin commercial production. Growing certified organic cannabis at scale is a highly complex process which has taken time, great care and extensive research to refine. Each of our facilities goes through a robust certification process, in line with the high standards we have set, ensuring operational excellence at all stages," commented Brian Athaide, CEO of TGOD. "The proprietary methods our team has developed leverage the benefits of growing in living soil and guarantees the organic integrity of the products throughout the entire production chain."
Pro-Cert's certification programs are ISO 17065 compliant and accredited, providing global recognition and international access to the products and brands they certify. The certification process includes validation of inputs, production methods and preparation procedures according to Canadian organic product regulation.
While solar may be the future for many, there is also some movement in outdoor operations to reduce energy needs as 48North Cannabis Corp. (TSXV: NRTH) (OTC: NCNNF) announced that it has completed the planting of its first outdoor cannabis crop at its Good:Farm, Canada's largest outdoor organic cannabis cultivation facility (3.7 million sq. ft. of cultivation space) in Brant County, Ont.
48North has successfully planted more than 250,000 cannabis seeds at Good:Farm. At the farm, 48North has planted 10 unique cultivars proven to be successfully grown outdoors; both high-THC and high-CBD strains were selected for planting. The Company expects two harvests annually at the Good:Farm. The first harvest is planned for late-August and will be exclusively the Company's auto-flowering strains; the second harvest, of photoperiod plants is planned for mid-October.
Good:Farm, Canada's first and largest outdoor organic cannabis facility has the potential capacity to yield more than 40,000 kg of dried cannabis, at what 48North expects to be the lowest cost per gram in the country.
"Planting nearly 100 acres of organic cannabis outdoors was a significant accomplishment for the organization, relying on both established agricultural practices and innovative cannabis production techniques. Our team of expert farmers and growers ensured this ground-breaking task was a success," said Jeannette VanderMarel, co-CEO of 48North.
Good:Farm has a number of strategic advantages, including ultra-low-cost cannabis as well as environment-friendly and energy-efficient production. In addition, the farm's production will help address the current national shortage of recreational cannabis.
There are a myriad of factors driving millennial investors towards a ‘greener outlook’, from climate change, rising energy demands, the cost of plastics and investor awareness, but the main element seems to really be investing in a better future, even at the risk of short term profitability.
“They are buying what they know — but they should research these companies,” JJ Kinahan, Chief Market Strategist at TD Ameritrade said on Yahoo Finance’s ‘The First Trade’ which shows the disconnect between the past 30 years of investing and the future of investing. While previous styles of investing showed research being heavily based only on financials and profitability first, the big picture now is just as much a priority, as companies like Tesla and Canopy Growth have shown. For Millennials, it’s their future and they invest in what they spend on, which is the mantra of one of the best loved investors in our history, Warren Buffett.
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
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