Investorideas.com, a leading investor news resource covering hemp and cannabis stocks continues with our two part series on how the growing cannabis market is boosting ancillary markets, with part two focusing specifically on acquisitions in the cannabis sector.
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases the first article in a two part series on how the growing global cannabis market is boosting ancillary markets, including the solar/cleantech industry.
The global vehicle count reached its highest ever point in 2016, as the total stood at 1.32 billion cars and trucks combined. Year-over-year, the total vehicle count grew by 4.6% and has nearly doubled in volume compared to 20 years ago. However, with the rising number of vehicles, the number of accidents has also drastically increased. The National Highway Traffic Safety Administration (NHTSA), the Centers for Disease Control and Prevention (CDC), and the Federal Motor Carrier Safety Administration (FMCSA) have all compiled extensive research and statistics regarding U.S. accidents. Annually, the economic cost of car accidents in the U.S. is estimated to amount to approximately USD 242 Billion. The staggering number can be a result of car owners looking to repair or even purchase a brand-new vehicle as a result of an accident. The alarming number has also prompted automotive manufacturers to begin conceptualizing autonomous vehicle models as national governments believe the rapid production of autonomous vehicles will help reduce the number of car accidents by eliminating human error. According to data compiled by Mckinsey, the global automotive industry is expected to records profits within the region of USD 28.31 Billion to 89.49 Billion by 2020. SinglePoint Inc. (OTC: SING), Ford Motor Company (NYSE: F), Kandi Technologies Group, Inc. (NASDAQ: KNDI), Horizon Global Corporation (NYSE: HZN), ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO)
As the cannabis industry expands, companies are eyeing strategic opportunities in the sector designed to help them establish a foothold in the promising space.
NEW YORK, March 4, 2019 Amid talks of global warming and the Green New Deal, solar energy may be a more viable — and profitable — investment than ever before.
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the growing interest in renewable energy and sustainable practices within the cannabis industry, sparked largely by high demand, high energy usage and a need for companies to lower costs and improve efficiency.
Non-renewable resources are used heavily in applications such as transportation, power, heat, and even production. These resources, such as coal and petroleum, are limited in supply and continuous use will eventually deplete them. In recent times, however, the growing use of non-renewable energy has drawn attention towards the environment, which has prompted national governments to adopt more clean energy laws. In addition, the increasing awareness of environmental safety and sustainability are expected to propel the industry growth as well. However, the high costs associated with manufacturing renewable energy products is hindering the market. Despite these costs, government initiatives have given steady funding over time, providing many companies with an attractive business opportunity. According to data compiled by Allied Market Research, the global renewable energy market was valued at USD 1.46 Trillion in 2017 and is expected to reach USD 2.15 Trillion by 2025. Additionally, the market is expected to witness a CAGR of 4.9% throughout the forecast period from 2017 to 2025. SinglePoint Inc. (OTC: SING), ReneSola Ltd (NYSE: SOL), Real Goods Solar, Inc. (OTC: RGSE), Sky Solar Holdings, Ltd. (NASDAQ: SKYS), Sunworks, Inc. (NASDAQ: SUNW)
Several years of impressive growth are expected to continue in the cannabis sector in 2019, and companies are making the most of it through mergers and acquisitions.
HOLLYWOOD, CA / ACCESSWIRE / February 15, 2019 / Terpenes, acquisitions, water industry disruptor, concealed carry, cannabis lockers, cell phone dominance; this week on MoneyTV with Donald Baillargeon.
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks continues with part two of its series on companies targeting the global CBD pet market and what’s driving this sector.