http://www.equity.guru/2016/10/05/medical-marijuana-update-l Arcturus Growthstar Technologies (AGS.C) : Marching ever forward
Status: Climbing hard
What it does: “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.” Translated: Vertical farming, with an LED lighting sideline
Last I wrote about it: Only a week ago, I was crowing that it had jumped markedly, basically a double in the last few weeks. Arcturus is in the early stages of permitting US urban vertical farms to grow leafy greens in areas that have poor food security, with the assistance of government incentive programs that encourage such ventures. Using TerraSphere grow tech and lights they’ve developed, they aim to keep things low cost and high return.
cashWhere it’s at: The company just signed off on the purchase of a handful of revenue generating apps in the weed space, to compliment its renewed focus on using its grow tech and lights to help licensed weed growers improve yield. The stock price is positively humming.
Invest? I did, and continue to add. This thing shows no signs of slumping, and is quickly eating through outstanding warrants, which is the only downward pressure on the stock price right now.