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Thread: what is your opinion on marijuana stocks?

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  1. #26  
    RX Senior brucefan's Avatar
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    Solis Tek to Present at Annual Cannabis World Congress & Business Expo https://finance.yahoo.com/news/solis...ity&soc_trk=ma
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  2. #27  
    RX Senior brucefan's Avatar
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    Quote Originally Posted by brucefan View Post
    Solis Tek to Present at Annual Cannabis World Congress & Business Expo https://finance.yahoo.com/news/solis...ity&soc_trk=ma
    Grow Lights: Why Cannabis Grows Need a Change -- CFN Media https://finance.yahoo.com/news/grow-...ity&soc_trk=ma
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  3. #28  
    my clock is stuck on 420 time to hit this bong brendanjack's Avatar
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    Solis Tek makes a decent ballast but outside of that there are much better bulbs and reflectors out there. Alot of growers have been going led they run much cooler. biggest problem with hps and metal halide rooms heat up big time. LED is a lot friendlier on kilowatt per hour usage . As long as your getting the proper light lumens and your electric bill is not spiking growers are happier
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  4. #29  
    RX Senior brucefan's Avatar
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    Quote Originally Posted by brendanjack View Post
    Solis Tek makes a decent ballast but outside of that there are much better bulbs and reflectors out there. Alot of growers have been going led they run much cooler. biggest problem with hps and metal halide rooms heat up big time. LED is a lot friendlier on kilowatt per hour usage . As long as your getting the proper light lumens and your electric bill is not spiking growers are happier
    Buy the stock. Its going up . They are doing a raise and looking at some very strong Acquisitions
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  5. #30  
    RX Senior brucefan's Avatar
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    Independent Research Firm Light Laboratory Inc. Releases First Comprehensive Study on Cannabis Commercial Lighting Solutions https://finance.yahoo.com/news/indep...ity&soc_trk=ma
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  6. #31  
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    technically , marijuana stocks are breaking. Long term, this is as a good as go as possible. In Canada, there is a GROSSLY liberal govt-- so far left, gotta be 2 standard deviations from normal. Trudeau 2 is a liberal's wet dream. Its a go in Canada for the summer of 2018.
    Pinarello (Paris) 2012 , dura-ace c50, shimano ultegra Di2
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  7. #32  
    RX Senior smartmoneyfollower's Avatar
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    marijuana stocks are the space where the the billion dollar VC play and Capital Investment Corporations, they buy the companies before they ever go public, Scotts Miracle-Gro Co is the simplest play
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  8. #33  
    RX Senior brucefan's Avatar
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    SOURCE: CFN Media

    September 26, 2017 09:00 ET
    Solis Tek Beats Out Competition in Cannabis Lighting Study -- CFN Media


    SEATTLE, WA--(Marketwired - Sep 26, 2017) - CFN Media Group ("CannabisFN"), the leading creative agency and media network dedicated to legal cannabis, announces publication of an article examining Solis Tek Inc. (OTCQB: SLTK) and a recent independent lighting study.
    There's an estimated 1,600 to 2,200 wholesale cannabis cultivation businesses in the United States and over 1,000 dispensaries that grow their own cannabis, according to the Marijuana Business Factbook. Lighting systems are a vital part of any cultivation operation. They typically represent 20-30% of a commercial grower's overall startup cost. Choosing the right lighting technology can impact the quality of a grow and the yield a cultivator gets out his or her garden.
    According to an independent, third-party test of six cannabis-focused lighting companies, Solis Tek Inc.'s (OTCQB: SLTK) digital lighting solutions scored the highest in terms of overall value for cultivators. Analysts expect the U.S. cannabis industry to exceed $50 billion in size over the coming years, following the legalization of recreational marijuana in states like California and Nevada, which creates an enormous opportunity for lighting providers.
    Light Laboratory Study
    Light Laboratory Inc., an independent photometric testing laboratory, evaluated six different cannabis lighting providers to assess which offered the best overall value for cultivators. The study evaluated photosynthetic photon flux density ("PPFD"), which measures the quantity of light that arrives at the plant canopy and how plants "see" and "absorb" light. Higher readings translate to improved plant yields and lower costs for cultivators.
    The study found that Solis Tek's All-In-One A1 fixture had the best light output, providing a high-intensity and a more consistent footprint than competing options. In other words, the lighting solutions help commercial growers avoid hotspots and create a more even canopy, where no one plant grows taller and overshadows other plants. This helps anyone interested in growing cannabis plants create the best environment to increase yield.
    Solis Tek's unique four spectrum "light diet" targets specific growth cycles and replicates the different seasons of the year, where the plants make use of natural light in different ways. The company was the first cannabis lighting company to offer these features, which are now standard among many top commercial cannabis growers. These attributes help cultivators produce the highest quality crops at the lowest prices for consumers.
    A Growing Opportunity
    Solis Tek has experienced tremendous growth over the past several quarters as it capitalizes on increasing demand for its lighting solutions. In addition to its lighting products, the company recently expanded into the nutrients business with the launch of TERPENEZ™ in an effort to increase revenue and expand profit margins by upselling its existing customers. These efforts could unlock even more value for shareholders over the long-term and potentially improve its valuation multiples as it enters the $32 billion nutrient/additive sector.
    Last quarter, the company reported revenue that increased 14.8% to $2,441,289 and a gross profit of $919,879. The company also introduced a new lighting controller at the end of the second quarter. These developments could support further revenue growth throughout the remainder of the year given the synergies with its existing customers and product lines.
    "By leveraging the same client base as our existing lighting products, we expect the launch of the new nutrients division to drive significant revenue growth for Solis Tek, while expanding margins due to the increased efficiencies derived from utilizing existing sales and distribution channels," says CEO Dennis Forchic. "Solis Tek remains ideally positioned to capitalize on the rapidly expanding legalization of medical and adult-use cannabis."
    Please follow the link to read the full article: http://www.cannabisfn.com/solis-tek-...ighting-study/
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  9. #34  
    RX Senior brucefan's Avatar
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    Baystreet Staff - Thursday, September 28, 2017


    Solis Tek to Present at The MicroCap Conference on October 5th in New York City at the Essex House (Alan Lien, Co-Founder and President of Solis Tek, to also participate as speaker on cannabis investing panel)http://www.baystreet.ca/viewarticle.aspx?id=476508
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  10. #35  
    RX Senior brucefan's Avatar
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    A Little-Known Standout With Huge Potential Upside

    There are still some small companies that have yet to be discovered by Wall Street. Solistek (SLTK) could be one of these exceptions, and this stock may offer triple-digit upside to investors should the company continue to grow revenue as the marijuana industry takes off, and if investors start to take notice of this undiscovered name.
    Solis Tek provides high-quality lighting equipment and supportive nutrients to the marijuana industry, with revenues of $8.5 million last year. Gross profit was over $3 million, and the company just announced that revenue in the second quarter of this year grew a rapid 15% over the same quarter in 2016. Their products are sold by over 500 re-sellers in the U.S., Canada, and parts of Europe, and the company even won Dope Magazine's Best Lighting Company Award in 2016. SLTK's management own about 75% of the company's stock, which means they are highly incentivized to maximize value to shareholders - themselves included.
    Here's what makes it a standout - while the above companies are trading at high multiples of their recent sales figures, SLTK is still undiscovered. Applying a 15x sales multiple to SLTK's $8.5 million in 2016 revenue, like that of MCIG, would imply a potential share price of $3.40 if the market started to pick up on this price disparity.
    Discovering price disparities is exactly how smart traders make their profit, and we think SLTK's execution in 2017 could justify major price appreciation as Wall Street picks up on this supplier.
    https://finance.yahoo.com/news/why-c...120000082.html
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  11. #36  
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    Already bought!
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  12. #37  
    RX SemiGod tmader7's Avatar
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    I got some RX'ers into Aphria and Aurora, Canadian firms. We're up nicely on the two. Got one laggard, Cara Therapeutics, but I'm more than comfortable holding the stock. If you aren't holding weed, missing the boat. Pain management is the next frontier, they're gonna kill the fat hog.

    ~T~
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  13. #38  
    RX Senior brucefan's Avatar
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    Solis Tek, Inc. Enhances its Digital Lighting Product Offerings; Introduces Controller to Enable Commercial Growers to Take Complete Control of Lighting Environment






    MarketwiredOctober 17, 2017









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    CARSON, CA--(Marketwired - October 17, 2017) - Solis Tek (SLTK), a vertically integrated technology innovator, developer, manufacturer and distributor focused on bringing products and solutions to commercial cannabis growers in legal markets across the U.S., announced today the availability of its lighting controller, which enables commercial growers to harness more control of its garden's lighting environment.
    "For nearly a decade, Solis Tek has led innovation in the cannabis lighting sector," said Dennis G. Forchic, Chief Executive Officer of Solis Tek. "The controller is the next step in our lighting evolution, enabling growers to take more control and customize their growing experience, which in turn increases yield, ROI and enables them to grow better."
    The Solis Tek Controller works with up to 300 lights at once and allows growers to manage multiple lighting cycles, located in different rooms/locations. Additional features include:

    • Precise canopy temperature monitoring that can be connected to up to 25 sensors
    • Customized sunrise and sunset options, enabling growers to run lighting cycles based on their plants' unique needs
    • Data analytics that track a garden's events
    • High temperature auto dim and shut off that automatically reacts based on room temperature
    • Energy efficient cloud cover to mimic the true nature of the sun when full intensity light is not needed

    Today, Solis Tek is recognized as a leading innovator in the cannabis lighting sector with the world's top commercial growers utilizing the Company's HID (high-intensity discharge) lights. Solis Tek was the first company to provide Ignition Control, which is designed to prevent surges and breaker overloads by igniting lamps one at a time based on load stability, and SenseSmart, which is a pre-ignition diagnostic check to ensure that the lighting system is safe and working properly.
    Forchic continued, "The controller provides a level of versatility not found in any other product on the market, specific to cannabis or others crops. For example, if a grower wishes to run their lights on a 22-hour cycle versus a 24-hour cycle that is possible. Or, if their plants do not need a full intensity light during a particular period, they can create an environment which mimics a cloud passing by."
    To be added to the Solis Tek email distribution list, please email SLTK@kcsa.com with 'SLTK' in the subject line.
    About Solis Tek
    Solis Tek is a vertically integrated technology innovator, developer, manufacturer and distributor focused on bringing products and solutions to commercial cannabis growers in both the medical and recreational space in legal markets across the U.S. For nearly a decade, growers have used Solis Tek's lighting solutions to increase yield, lower costs and grow better to maximize their return on investment. In 2017, Solis Tek introduced an organic nutrient line. The Company's customers include retail stores, distributors and commercial growers in the United States and abroad. For more information, please visit our website, www.solis-tek.com.
    Safe Harbor Statement
    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
    Image Available: http://www.marketwire.com/library/Mw...1622609416.jpg






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