Tags Posts tagged with "AGSTF"

AGSTF

0 1562

The last month has been eventful and very significant for Future Farm Technologies (FFT: CSE) (AGSTF) and these developments further improves the company’s outlook and makes it a stock that investors need to watch.

This morning, Future Farm closed its previously announced definitive agreement to acquire 15-acres in Redland, Florida. The land acquired puts the company in a firm position to capitalize on Florida’s medical cannabis market since the land is in a county designated to legally cultivate, process and dispense medical cannabis.

Strengthens Management Team

Concurrent with this announcement, Future Farm announced the appointment of John Sweeney as its Chief Operating Officer. He will transition into this position from his current role as a consultant and his big pharma background and expertise will help the company capitalize on its current growth initiatives.

While serving as a consultant, Sweeney helped position the business firmly within the North American cannabis market through organic and inorganic growth initiatives. Going forward, he will play an important role in the next phase of the growth strategy.

Sweeney has 16 years of direct cGMP (current Good Manufacturing Practices) manufacturing experience at industry leading biotechnology companies including Pfizer, Wyeth, Genzyme and most recently as Vice President of Operations at Tilray, a licensed Canadian medical cannabis producer. Sweeney has extensive knowledge and experience in the requirements of regulated manufacturing for commercial and clinical products and served as liaison for auditing regulatory agencies including the FDA and EMA.

An Improved Balance Sheet

Last month, Future Farm Technologies closed its previously announced private placement and this capital will enable the company to capitalize on previously announced growth opportunities.

Through organic and inorganic growth initiatives. Future Farm has positioned itself within several high-growth opportunities and we are favorable on the company’s execution over the last month.

We are favorable on today’s developments as well as the recent capital raise as it shows continued execution and follow through on previously announced initiatives. We expect to see the market respond favorably due to the closure of the acquisition and the ability John Sweeny has to execute on the business plan.

0 1483

Future Farm Closes on 15 Acres of Cannabis Zoned Land in Florida and Appoints John Sweeney as Chief Operating Officer

VANCOUVER, British Columbia, Feb. 8, 2017 /PRNewswire/ — Future Farm Technologies Inc. (the “Company” or “Future Farm”) (OTCQB: AGSTF) (CSE: FFT) is pleased to announce that it has closed on its previously announced definitive agreement to acquire a 15-acre parcel of land in Redland, Florida, in a county that is designated to legally cultivate, process and dispense cannabis. Redland is an unincorporated community within Miami-Dade County, with Biscayne National Park to the east and Everglades National Park to the west. Redland is primarily a Miami suburb and a major agricultural area. Miami-Dade County is referred to as the nation’s “Salad Bowl” and “Winter Bread Basket.”

“We are pleased to have reached this contract to acquire this prime parcel of land as it has a long history as a plant nursery, which was first established in 1963,” says Mr. William Gildea, Future Farm Technologies Inc.’s CEO and Chairman. Florida’s Legislature is beginning the process of figuring out how to implement Amendment 2, which allows for the expansion of legalized medical marijuana in Florida. The new law took effect on Tuesday, Jan. 3, 2017. The Florida Department of Health now has until June 3, 2017 to finalize its MMJ regulations and until September 3, 2017 to issue the first ID cards to patients. Amendment 2 was approved by 71 percent of Florida voters on Election Day, and will allow higher-strength marijuana to be used for a wider list of medical ailments.

With this acquisition, Future Farm has the potential, if fully licensed, to develop 15-acres of cannabis crops and is positioning itself to be a part of the Florida Cannabis market as it rolls out in 2017. If current state projections for the cannabis market size hold up to their $1.8B projection by 2020, Florida will have considerable demand for medical marijuana, even without factoring in the potential for recreational legislation.

This is an exciting acquisition for Future Farm as the 15-acre farm is located in a designated legal grow zone with close proximity to Miami. Future Farm is in a unique position as a Canadian based company because it is poised to quickly commence operations within the United States rather than potentially wait years to become a licensed producer under Canadian law.

Concurrent with this announcement, the Company is pleased to announce the appointment of John Sweeney as its Chief Operating Officer. Mr. Sweeney will transition into this executive position from his current role as a consultant and his big pharma background and expertise will help the Company capitalize on its current growth initiatives.

While serving as a consultant for the Company, Mr. Sweeney helped position the business firmly within the North American cannabis market through organic and inorganic growth initiatives. Going forward, Mr. Sweeney is going to play an important role in the next phase of the Company’s growth strategy.

Mr. Sweeney brings with him 16 years of direct cGMP (current Good Manufacturing Practices) manufacturing experience in operations of industry leading biotechnology companies including Pfizer, Wyeth, Genzyme and most recently as Vice President of Operations at Tilray, a 60,000-square foot federally licensed Canadian medical cannabis operation on Vancouver Island.

He has extensive knowledge and experience in the requirements of regulated manufacturing for commercial and clinical products and served as liaison for auditing regulatory agencies including the FDA and EMA. Mr. Sweeney holds an MS in Engineering Management from Tufts University in Medford, MA and a BS in Biology from the University of New Hampshire, Durham.

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board,

Future Farm Technologies Inc.

William Gildea, CEO & Chairman

About Future Farm

The Company’s business model includes developing and acquiring technologies that will position it as a leader in the evolution of Controlled Environment Agriculture (CEA) for the global production of various types of plants. Future Farm provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

For further information, contact William Gildea, Director, at 617.834.9467.

1 2545

Arcturus Announces 420 All-In-One App Portfolio Revenue

Vancouver, British Columbia / TheNewswire / January 25, 2016 – Arcturus Growthstar Technologies Inc. (the “Company” or “Arcturus”) (cse:AGS) (otcqb:AGSTF) is pleased to announce that it has booked $63,154 CDN, or $48,003 USD, in revenue for its previously announced app portfolio acquisition, which closed October 5th, 2016. This amount reflects revenue from the time of the Company’s acquisition of the portfolio through January 23, 2017.

“We continue to build momentum as evidenced by our 2,570,000 impressions ads served up in the past three months on Facebook, Admob and AppLovin,” says William Gildea, CEO and Chairman of Arcturus. “We are looking forward to our new releases, including our 420 ALL-IN-ONE APPLICATION, which we hope will continue to increase this momentum throughout 2017.”

Download the Company’s 420 All-In-One app on iTunes here: http://apple.co/2k1ngjC

Currently, consumers can use numerous applications to find the best prices and selection of cannabis in the 28 United States where cannabis is legal. Millions of cannabis consumers are using data from major mobile apps such as Leafly, Weedmaps and Massroots to find the strain, price and location of a nearby dispensary, which has exactly what the consumer is looking for. As the Cannabis markets expand, business owners will increasingly use applications to draw in customers and differentiate themselves from the competition.

“With the success of major mobile apps such as Leafy, Weedmaps and Massroots in the Cannabis space, we feel that we are in the right place at the right time to develop our own Cannabis apps,” says Mikael Hovhannisyan, the Company’s app portfolio manager. “We are excited to have released our first mobile application in the cannabis space, now available for download on the iPhone”

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board,

Arcturus Growthstar Technologies Inc.

William Gildea, CEO & Chairman

About Arcturus

The Company’s business model includes developing and acquiring technologies that will position it as a leader in the evolution of Controlled Environment Agriculture (CEA) for the global production of various types of plants. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Copyright (c) 2017 TheNewswire – All rights reserved.

 

 

0 1338

Arcturus Announces 25,000-Sq Ft $5 Million “LED” Vertical Farming Project

Volunteers of America Chesapeake (“VOAC”), one of the largest and most respected nonprofits in the region, owns a building in Baltimore, MD that will undergo additional improvements to accommodate Arcturus’ Controlled Environment Agriculture (“CEA”) technology, which uses LED lights to grow plants on vertically stacked levels. As a partner in this indoor farm, VOAC has agreed to contribute generous rent concessions to Arcturus.  The farm will be co-located in a residential reentry center, which helps ex-offenders reenter society and the workforce after serving federal prison sentences. The farm will provide job training and therapeutic opportunities for VOAC’s residents. Arcturus, CBO and VOAC intend to use this Baltimore model to expand the Company’s CEA technology and training and therapeutic programs developed by VOAC into other markets throughout the United States.

Arcturus previously announced that CBO would act as the Company’s financial advisor with respect to New Market Tax Credits (NMTC) for certain vertical farming projects. As part of this Baltimore farm transaction, CBO Financial will be arranging for $5,000,000 in NMTC based financing. CBO will also plan, co-finance, and perform day-to-day operations at the farm, and Arcturus will provide the system design, off-take agreements, co-finance, and offer ongoing O&M support.  The Baltimore Farm is expected to be a showcase for Arcturus’ LED horticulture lighting technology and the first of many projects that CBO and the Company will work on together in collaboration with Volunteers of America Chesapeake.

The NMTC program is a $65 billion federal program designed to incentivize private investment in low-income communities. NMTCs are provided to financial institutions in exchange for equity investments that eligible businesses can use to subsidize project development costs. CBO Financial helps driven organizations, such as Arcturus, to finance facilities that will provide goods and services that benefit populations in need and revitalize communities.

“We are pleased to have partnered with CBO Financial and Volunteers of America Chesapeake on this project and believe that its success will be a bellwether for public private partnerships within the urban farming industry,” says Mr. William Gildea, Arcturus Growthstar Technologies Inc.’s CEO and Chairman. “With Volunteers of America Chesapeake’s diversified real estate holdings, CBO Financial’s experience in community development and expertise in navigating the NMTC process and Arcturus’s CEA technology, this is a perfect partnership. Our goal was always to create impactful social and corporate programs that are mutually beneficial for all involved, from the community, to the company and our shareholders. Partnering with Volunteers of America Chesapeake and CBO Financial puts us in the position to achieve that goal. We hope this is the first of many joint-projects for our companies.”

“We are delighted to be involved with this project, which produces fresh food and quality jobs in a low income community and provides job training and therapy opportunities for VOAC residents. We expect this to be a prototype for future, profitable commercial scale projects that include social service oriented job training and therapeutic programs,” says Craig Stanley, CEO of CBO Financial.

“Volunteers of America Chesapeake has been supporting and providing resources for the ex-offender community for over 35 years in Baltimore, Maryland,” says Russell Snyder, CEO of VOAC.  “We are committed to help the residents of our residential reentry center gain job skills and employment opportunities through social enterprise opportunities like vertical farming and we are pleased to partner with Arcturus and CBO Financial in this innovative project.”

1 3284

Arcturus to Acquire 15-Acres of Cannabis Zoned Land

Arcturus Growthstar Technologies Inc. (AGSTF) (AGS.CN) (the “Company” or “Arcturus”) is pleased to announce that it has signed a Letter of Intent (“LOI”) to acquire a 15-acre parcel of land in Redland, Florida, in a county that is designated to legally cultivate, process and dispense cannabis. Redland is an unincorporated community within Miami-Dade County, with Biscayne National Park to the east and Everglades National Park to the west. Redland is primarily a Miami suburb and a major agricultural area. Miami-Dade County is referred to as the nation’s “Salad Bowl” and “Winter Bread Basket.”

“We are pleased to have reached this LOI to acquire this prime parcel of land as it has a long history as a plant nursery, which was first established in 1963,” says Mr. William Gildea, Arcturus Growthstar Technologies Inc.’s CEO and Chairman. “This acquisition will be an all-stock deal and greatly adds to our geographic footprint and overall strategy in the state of Florida. With the recent passage of Amendment 2, an initiative which significantly broadens Florida’s medical marijuana program, we want to be firmly established in the state and solidify our first mover advantage in one of the biggest potential cannabis markets in the United States.”

With this acquisition and the previously announced 10-acre greenhouse acquisition near Orlando, Arcturus has the potential, if fully licensed, to develop 25-acres of cannabis crops. If current state projections for the cannabis market size hold up to their $1.8B projection by 2020, Florida will have considerable demand for medical marijuana, even without factoring in the potential for recreational legislation.

This is an exciting acquisition for Arcturus as the 15-acre farm is located in a designated legal grow zone with close proximity to Miami. Arcturus and its experienced team of operators, including John Sweeney, former VP of Operations for Tilray’s 60,000-square foot Vancouver facility, is in a unique position as a Canadian based company because it is poised to quickly commence operations within the United States rather than potentially wait years to become a licensed producer under Canadian law.

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board,

Arcturus Growthstar Technologies Inc.

William Gildea, CEO & Chairman

About Arcturus

The Company’s business model includes developing and acquiring technologies that will position it as a leader in the evolution of Controlled Environment Agriculture (CEA) for the global production of various types of plants. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land.  The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts
responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

1 4231

The votes are in and the 3 biggest states out of the 9 with initiatives for Medical marijuana and recreational marijuana have passed. California passed recreational marijuana, Nevada passed recreational marijuana and Florida passed medical marijuana. As I write this it seems that Donald Trump will be our next President and global markets are hitting the panic button, it seems that Gary Johnson is responsible for this, but we already wrote that story in June. Silver lining here is that Marijuana Stocks are event driven equities and the passage of laws for these three states is a major catalyst for an industry that has historically been recession proof.
Here are a few of the companies that stand to benefit from legalization by state

Florida: AGSTF (TSX:AGS)

pic1

Arcturus GrowthStar Technologies just entered into an LOI to purchase a farm that is in a designation zone for cultivating cannabis. The company was pretty wise in this potential acquisition because the farm already produces $2.6m in annual revenue and if Florida’s amendment 2 didn’t pass their ability to quadruple yields with their controlled environment Agritech (CEA) would have still been a huge win for the company. Now that Florida has passed medical marijuana the potential for revenues is still rather large. It’s also important to note that there are currently 6 licensed producers by region in the state that will need to be expanded to meet what will likely be massive demand. Factor in that AGS hired the former VP of operations of Tilray which is Canada’s biggest private licensed producer and it stands to reason that their is an unknown strategy at play here. Canadian companies can touch the plant state side and still be public, unlike many of the US based public companies, but do not forget tAGS also has an urban farm in Rhode Island currently being built out.
On the chart AGSTF previously had resistance around $0.145 that was broken to the upside on heavy volume on October 5th. The stock went on to hit $0.384 on October 6th just days after we published a Connect the Dots piece on the company. Over the past month, we have been introducing our readers to this company as we believe they could play a major role in the overall marijuana industry’s expansion. The $0.145 area that was once resistance, is now acting as major support. AGSTF tested this level three times over the past month and held beautifully.

A descending triangle or wedge formed throughout October that was broken to the upside on massive volume on November 7th and experienced strong follow through on the 8th. If momentum is sustained it won’t be long until we see AGTSF test the previous high of $0.384. And a favorable marijuana ballot vote in the state of Florida could catapult AGSTF to brand new highs.

pic2

HEMP is yet to really participate in the marijuana industry rally. But there are some key technical indicators to watch for a trade to trigger. Also their facility to process industrial hemp is about to be turned on. It has been a long road for Hemp inc, but they currently have millions of pounds of industrial hemp ready to process and turn into LCM’s. LCM’s are basically filler for oil wells that are being drilled and they are low impact on the environment, effective and cheap; they also go for about $2 a pound. It stands to reason that the shift in cannabis will make growing hemp US wide a no brainer. Hemp also has one of the only processing units in the country. As for the chart…

The $0.036 area has been solid resistance for several months until broken to the upside on heavy volume on October 21st. That $0.036 area is now acting as support being tested twice already. We also see a descending triangle/wedge pattern now forming. If the support area continues to hold, a break out of this descending triangle pattern on high volume could ignite a move back to retest the $0.055-$0.06 area.

pic3

Nevada: MCIG

MCIG is one of the most well known companies in the Pot Stock space and they are also one of the few companies that has taken on any type of toxic financing to fund the operation. They have bolstered their revenues in the ecig/vape market, graduated to selling top notch CBD products in the US and international markets and created a division geared towards construction for cultivation operations called Scalable Solutions. Nevada just passed recreational in an already red hot medical marijuana market. We are about to see an explosion of new money come into the state in order to support the license holders or current license holders will ramp up production that will likely be at a deficit. Supply and demand issues will be an absolute windfall for MCIG and this decision. Its actually quite exciting when you consider there is absolutely nothing in MCIG’s way in terms of debt and legacy shareholders. Factor in that they have roughly 70,000,000 shares of VTCQ stock which is trading at .01 and it stands to reason they will be able to self fund any expansion they may need to meet what will surely be growing demand. On the Chart…

MCIG continues to trade in a strong uptrend on very high volume. After breaking through resistance around $0.135 on November 2nd, we saw that same $0.135 area hold as support on November 4th. Volume has remained high throughout the breakout as MCIG briefly made new highs on November 8th but failed to hold a green close finishing the day -0.75%. $0.18 is now a new minor support level heading into a critical marijuana ballot in the state of Nevada. A favorable vote in Nevada would do wonders for MCIG and their operations. And with no debt conversions or dilution on their books, there shouldn’t be much to hold MCIG back from making a push to the $0.30 area or higher should we see a favorable marijuana vote in Nevada.

California: MSRT

pic4

The easiest way to explain this is that the vote for recreational marijuana just passed in the biggest state and now this market completely opens up to the company as growing demand for advertising will be needed for the flood of new companies, products and native consumers. On the Chart…
MSRT has a resistance area in place along with a double top at $1.08. MSRT has two support areas in place from gap ups that need to hold in order for us to break through the double top. These levels are $0.97 and $0.75. A break above $1.08 on high volume could take us to the $1.50 area possibly testing previous highs from April of this year.

1 4837

Last month, on October 3, 2016, we published an article titled Past, Present, & Future of Canadian Marijuana Stocks where we expressed our bullish sentiment on the Canadian marijuana sector and identified a list of stocks to consider. In the article, we named 6 companies to focus on. Within one month of publishing the article, those 6 stocks have seen combined 480% in total gains as of November 2nd, 2016. This article would have been out a week ago if our new intern knew how to hit the publish button correctly. Regardless, the gains and the charts do not lie as they tell the tale of the ticker tape.
The Canadian government is planning to legalize cannabis in spring 2017 and the number of Canadian medical marijuana patients is expected to more than double. This will tilt the supply and demand scale for medical marijuana largely in favor of demand. We do not believe this recent rally to be just a pre-election “hype rally.” This is the coming out party for an industry with an immensely bright future and staying power.
Licensed medical cannabis producers have raised more than $100 million in the past couple months to be used to support growth initiatives like mergers and acquisitions and facility expansions to better meet the increased demand. The investment opportunities in the legal cannabis industry have proven extremely lucrative to informed investors. Let’s take a look at the 6 companies we highlighted in our October 3rd article to see how they are doing today and where they could go from here.
1. Canopy Growth Corporation (CGC.TO)(TWMJF)

pic1

 

 

Canopy Growth is the largest legal medical marijuana producer in Canada and has been one of the most attractive investment opportunities in the cannabis sector since going public in 2014. CGC.TO hit a high of $7.35 on October 20th for an 80.5% gain from our initial article publication. The stock closed trading today at $6.55, still up 61%. TWMJF (the US OTC listing) still sits up 58% today.

Canopy Growth is the medical marijuana industry leader. Aside from individual news announcements, expect other marijuana companies to follow the strength and/or weakness of CGC.TO. After a healthy pull-in, the stock held support around $5.50 and remains in a strong uptrend.

2. Aurora Cannabis (ACB.CN)(ACBFF)

pic2

Aurora Cannabis is one of the fastest growing licensed medical cannabis producers in Canada. One thing to know about them is that they recently did a private placement for $20,000,000 and ended up being over-subscribed by a few million dollars. They have one of the industry’s more impressive facilities and is partly why we added Aurora to our Focus List in June 2016. Since July of 2016, ACBFF is up roughly 125%. And since our article publication on October 3rd, ACBFF gained as much as 78% and closed trading today around $1.66, still up nearly 57%.

ACBFF is forming a bullish pennant pattern that would trigger a long through the $1.77 area or a sell below the $1.50 area. A breakdown of the pattern could see ACBFF test the gap it put in place on October 5th. However, a healthy consolidation in this range would give the moving averages time to catch up while the stock takes a breather before a possible move higher into $2.00 land.

3. Aphria Inc. (APH.V)(APHQF)

pic3

Aphria showed the smallest gain potential of all the companies listed in our October 3rd article. A max 17% gain was possible while APH closed trading today at $3.80, still up 10%.

APH.V has put in a double top at $4.00 that would act as a trigger long if broken to the upside. Support is in place around $3.30 after being tested multiple times and holding over the past month. A break below this support could see Aphria test its next support area around $3.00.

4. OrganiGram Holdings (OGI.V)(OGRMF)

pic4

Organigram is the second largest licensed producer in Canada and was the first to report positive cash flow. Organigram could be considered the second industry leader behind Canopy Growth so it is no surprise to see the two share very similar chart patterns. OGI.V hit a high of $3.11 on October 19th for a 75% gain from our article publication and closed trading today at $2.76, still up 55%.

Like CGC.TO, Organigram remains in an uptrend. Support was put in around the $2.30 area after a healthy pull-in. Look for OGI.V and CGC.TO to show strength and weakness together. It would be rare for one to show strength while the other weakness (unless for an individual press release good or bad).

5. Arcturus Growthstar Technologies (AGS.CN)(AGSTF)

pic5

Arcturus Growthstar Technologies is a company that may play a huge part in the expansion of the Canadian cannabis market and its ability to meet the increased demand. Their Controlled Environment Agriculture technology helps producers minimize land, water, and energy output while increasing crop turnover and capacity.

We also published a Connect the Dots piece on AGSTF on October 4th to introduce our readers to a new company that we believed was worth considering. The stock gained a remarkable 180% in just three days before pulling back in to still be up 34%. For those unfamiliar with Arcturus, we recommend going back and reading our Connect the Dots piece published on October 4th.

It’s important to discuss why such a sharp pullback after the 180% run. And we believe there to be a couple reasons.

➢ The stock is a very new issue and, therefore, does not have as much of a trading history as some of the other companies on this list. The trading float is also much smaller than the Canadian companies that came public in 2014 or sooner. This can sometimes result in over exaggerated or over extended price movements in both directions because of lack of stock available in the open market.

➢ The Company had a million dollars of warrants exercise at $0.15 to raise additional capital to support their rapid growth and expansion. Although it brought cash to the company, it added pressure to the market that aided in the sharp pull-in. But with that exercise now behind them, Arcturus can focus on putting that money to work.

Don’t forget, in October 2015, one year ago, Organigram traded for less than $0.30 a share, too. Fast forward to October 2016 and the stock now trades for $2.75 a share. Good management can build shareholder value pretty quickly when appropriating funds correctly and progressing through their business plan. And the management team behind Arcturus is one of the main reasons why we decided to issue a Connect the Dots piece on the company.

6. Cronos Group (formerly PharmaCan Capital Corp.) (MJN.V)(PRMCF)

pic6

Cronos Group is an investment firm and holding company for Licensed Producers under Canada’s Marihuana for Access to Cannabis for Medical Purposes Regulations (“ACMPR”). With interests in five licensed producers and three license applicants, Cronos Group is focused on building iconic brands providing patients with compassionate, personalized care. The stock hit a high of $1.35 on October 6th for a 45% gain from our article publication and currently still sits up 29%.

Similar to Aurora Cannabis, Cronos has developed a bullish pennant pattern. The $1.30 area would be a trigger long while the $1.13 area a trigger sell. A breakout could see MJN.V run to the $1.60 area while a breakdown would most likely retest the $1.00 mark, maybe lower.
Conclusion

The timing of our article titled Past, Present, & Future of Canadian Marijuana Stocks was spot on. We nailed breakout points in most of the major Canadian cannabis companies. After publication, the 6 stocks highlighted gained a combined total of 480% and each one remains higher today.

As we mentioned in the article, we believe the Canadian market to be much further along in development than the US market; although the US market is making major strides that we will discuss in a future article. The overall marijuana industry is experiencing a strong rally, both in the US and Canada. And we believe the companies discussed in this piece to have long-term investment potential, not just a quick trade.

0 3790

Arcturus to Acquire Established Florida Greenhouse Zoned for Medical Marijuana

Arcturus Growthstar Technologies Inc. (the “Company” or “Arcturus”) (OTCQB: AGSTF) (CSE: AGS) is pleased to announce that it has signed a Letter of Intent (“LOI”) to acquire a 10-acre operating greenhouse in Florida, which is in a designated zone to legally cultivate, process and dispense cannabis. The Greenhouse fits Florida’s stringent criteria for agricultural farmers looking to manufacture Cannabis which, under the current law, applicants had to have been in business in Florida for at least 30 years and grow a minimum of 400,000 plants at the time they applied.

“This is a major milestone for Arcturus and positions us for tremendous growth for years to come,” says Mr. William Gildea, Arcturus Growthstar Technologies, Inc.’s CEO and Chairman.  “With this acquisition, Arcturus is potentially positioned as one of the public sectors first movers into Florida’s cannabis market.” Mr. Gildea continues, “This acquisition is in the designated legal grow zone with close proximity to Orlando, which has a local population of almost 2.5 million and attracts over 62 million visitors annually, making it a prime location.

Shareholders will be excited to know that the farm is much more than a “Zoned for Cannabis” piece of land, but a fully operational greenhouse business already in full production. The greenhouse property, which has been family operated since 1959, currently grows ornamental plants sold in large box stores throughout North America. In the past 12 months, it has generated over $2,600,000 in revenue with EBITDA of over $400,000, which is expected to continue until Amendment 2 allows for the property to be converted for growing cannabis. Once fully licensed and operational, the property has the capacity to generate seven figures in revenue per month. In the interim we feel we can use our CEA technology to quadruple the current ornamental plant yields, thereby increasing both profit and revenue.”

On November 8th, Floridians will vote on Amendment 2, which would broaden medical cannabis usage to individuals with “debilitating” medical conditions as certified by a licensed physician. It also would greatly expand the consumer base for the state’s marijuana industry. Amendment Two on the Nov. 8 ballot in Florida would broaden medical cannabis usage to individuals with “debilitating” medical conditions certified by a licensed physician. It also would greatly expand the consumer base for the state’s marijuana industry, which by some estimates would exceed 400,000 citizens.

Florida stands to be one of the biggest medical marijuana markets, in North America,” says John Sweeney, Arcturus board member and former Vice President of Operations at Tilray, a 60,000-sq. ft. cannabis grow operation in Vancouver. “With all the opportunities in the cannabis market, I am thrilled with our ability to acquire this Florida property and to be a part of this dynamic and growing company.”

Measures to legalize recreational marijuana are on the November 8th ballot in five states this year: California, Nevada, Arizona, Maine and Massachusetts. Four other states – Florida, Arkansas, North Dakota and Montana – are considering initiatives to legalize medical marijuana, a move that some say is a first step towards full legalization.

On behalf of the Board,

Arcturus Growthstar Technologies Inc.

William Gildea, CEO & Chairman

About Arcturus

The Company’s business model includes developing and acquiring technologies that will position it as a leader in the evolution of Controlled Environment Agriculture (CEA) for the global production of various types of plants. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land.  The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts
responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking.  Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements.  Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.  There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties.  We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

For further information, contact
William Gildea
Director
617.834.9467

SOURCE Arcturus Growthstar Technologies Inc.

0 2930

Arcturus Now Traded on U.S. OTCQB® Venture Market

Arcturus Growthstar Technologies Inc. (the “Company” or “Arcturus”) (CSE:AGS) (AGSTF) is pleased to announce that, in addition to being listed on the Canadian Stock Exchange, it will now also be traded on the OTCQB® Venture Market. The OTCQB® Venture Market is for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. Companies must meet $0.01 bid test and may not be in bankruptcy.

“We are pleased to have the ability to immediately distribute Arcturus’ information and bring greater transparency to a wider audience of U.S. investors, market data distributors, investment databases, media outlets, and broker-dealers,” says Mr. William Gildea, Arcturus Growthstar Technologies, Inc.’s CEO and Chairman. “Being traded on the OTCQB will allow us to better connect with our shareholders by facilitating real-time delivery of information and news.”

For further information, contact William Gildea, Director, at +1-617-834-9467.

On behalf of the Board,

Arcturus Growthstar Technologies Inc.

William Gildea, CEO & Chairman

About Arcturus

The Company’s business model includes developing and acquiring technologies that will position it as a leader in the evolution of Controlled Environment Agriculture (CEA) for the global production of various types of plants. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land.  The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking.  Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements.  Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.  There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties.  We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Contact:
William Gildea, Director
+1-617-834-9467

0 4727

Arcturus Establishes a New 420AppGaming Division Entering the $37 Billion Dollar Mobile Gaming Market

VANCOUVER, British Columbia, October 13, 2016 /PRNewswire/ —

Arcturus Growthstar Technologies Inc. (the “Company” or “Arcturus”) (CSE:AGS) (OTC Pink: AGSTF) is pleased to announce that it has established a new mobile gaming division (www.420AppGaming.com) with the intent to put out 420 themed games, which will generate revenue through In App Purchases (IAP) as well as through ad impressions. According to the Global Games Market Report, gamers worldwide will generate a total of $99.6 billion in revenues in 2016, up 8.5% compared to 2015. For the first time, mobile gaming will take a larger share than personal computers with $36.9 billion, up 21.3% globally.

“With our recent mobile app acquisition and our growing focus on Cannabis, we feel Arcturus is now uniquely positioned to capitalize on these two huge and converging trends by publishing a suite of 420 themed games and utility apps,” says Mr. William Gildea, Arcturus Growthstar Technologies Inc.’s CEO and Chairman.

Arcturus’ mobile app plan is to first launch a series of 420 themed casual games like Slots, Poker, Solitaire and Bingo, which all have a large and broad appeal, before year end 2016. According to ThinkGaming, five of the top 20 grossing revenue games are slots games while the rest are tried and true games that have proven to be winners on mobile devices and consistently in the top charts.

“We are excited to be working with the Arcturus team and, in addition to the 420 gaming apps we are currently developing, in Q1 2017 we are also planning to release utility apps to compete with the biggest apps in the Cannabis space, including Weedmaps and Massroots,” says Mikael Hovhannisyan, the app development team manager.

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board,

Arcturus Growthstar Technologies Inc.

William Gildea, CEO & Chairman

About Arcturus

The Company’s business model includes developing and acquiring technologies that will position it as a leader in the evolution of Controlled Environment Agriculture (CEA) for the global production of various types of plants. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts
responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Contact:

William Gildea
CEO & Chairman
+1-617-834-9467

Arcturus Growthstar Technologies Inc.
#5-9079 Shaughnessy Street
Vancouver BC
V6P 6R9

Subscribe Now & Begin Receiving Marijuana Stocks News, Articles, Trade Alerts & MORE, all 100% FREE!

We are your #1 source for all things Marijuana Stocks, Subscribe Below!

Privacy Policy: We will NEVER share, sell, barter, etc. any of our subscribers information for any reason ever! By subscribing you agree we can send you via email our free e-newsletter on marijuana stocks related, articles, news and trade alerts. Further questions please contact privacy@marijuanastocks.com
Ad Placements