Indoor Harvest Corp (OTCQB: INQD) $25 million Sales Pipeline – $10 million Contracts
Miami, FL -- June 15, 2016 --
InvestorsHub NewsWire -- EmergingGrowth.com, a leading
independent small cap media portal with an extensive history of
providing unparalleled content for the Emerging Growth markets and
companies, reports on Indoor Harvest Corp. (OTCQB:
INQD).
Indoor Harvest Corp. (OTCQB: INQD) supplies aeroponic and
hydroponic systems for organic produce production, systems for
biomedical use, and systems for the cultivation and production of
cannabis.
Indoor Harvest Corp. (OTCQB: INQD), which holds $25 million in its
sales pipeline continues to see major growth in its industry and
business over the long term.
Indoor Harvest Corp. (OTCQB: INQD)’s products are no joke. In fact,
the company encourages full due diligence by prospective
shareholders. The aeroponic farming company partnered with
the Massachusetts Institute of Technology (MIT) in 2013, to supply
the company’s patent-pending aeroponic technology to MIT’s Media
Lab for their “Changing Places” project. The project allows MIT to
use the aeroponic and vertical farming equipment for educational
and study purposes.
Aside from their sales pipeline, with rumors of the DEA and federal
government mulling cannabis rescheduling in the near future, Indoor
Harvest Corp. (OTCQB: INQD) could be able to vastly expand its EPCM
services for cannabis cultivation.
INQD also has an effective $2 million equity purchase agreement
which will allow it to be able to maintain liquidity while
finishing up projects and awaiting new projects to begin.
With over $25 million in Indoor Harvest Corp. (OTCQB: INQD)’s sales
pipeline, the company could easily see its market cap expand into
the double digit millions over the next year or two. The Company
also recently announced international expansion plans which could
considerably increase the Company's sales pipeline. In addition,
with management seeing the potential for contracts worth over $10
million becoming available to the company by the end of 2016, the
vertical farming company is prime to capitalize further from the
coming vertical farming boom.
Please view the full report on
EmergingGrowth.com for all editorial sources and
hyperlinks.
http://emerginggrowth.com/indoor-harvest-corp-otcqb-inqd-25-million-sales-pipeline-10-million-contracts/
Other Companies In the Space or Recently Featured on
EmergingGrowth.com:
GreenGo Technologies,
Inc.
GreenGo Technologies, Inc. (OTC Pink: GRNH)
is a manufacturer of vertical cultivation systems and designs to
consumers and industrials farmers. The company entered the vertical
cultivation business through its acquisition of Vertical
Hydrogarden, Inc. As of June 2016, GreenGo Technologies, Inc. (OTC
Pink: GRNH) has a market cap of nearly $13.8 million. As of
December 2015, the vertical farming company had 500 million
authorized shares and 267.5 million shares outstanding.
Furthermore, GreenGo Technologies, Inc. (OTC Pink: GRNH) had a
float of 160.4 million shares, as of June 2015. During full year
2015, the vertical cultivation company posted total revenues of
$570,000, but a net income loss of $3.52
million.
Terra Tech Corp.
Terra
Tech Corp. (OTCQX: TRTC) specializes in making technologies for
controlling agricultural environment. Through its subsidiaries, the
company is a producer of local hydroponic-grown produce that is
sold through Shoprite, Food Emporium, and other supermarkets across
six states. Terra Tech Corp. (OTCQX: TRTC) also engages in
producing and cultivating marijuana for the medical cannabis
industry. The hydroponic and medical marijuana company boasts
a market cap of $136.6 million, through mid-June 2016. As of March
2016, the medical marijuana grower had over 463.04 million shares
outstanding and a float of 216.44 million shares.
During full year 2015, Terra Tech Corp. (OTCQX:
TRTC) posted total revenue of $9.98 million, but a net income loss
of $9.23 million.
Cantabio Pharmaceuticals
Inc.
Neurodegenerative disease treatment company,
Cantabio Pharmaceuticals Inc. (OTCQB: CTBO) has seen shares rise
6.40% in early morning trading on Tuesday, June 14, 2016. Over the
past month, Cantabio Pharmaceuticals Inc. (OTCQB: CTBO) has seen
average daily volume stand around 61,776 shares and the
pharmaceutical company is on track to see share volume expand over
its daily average, as nearly 40,000 shares or around $82,000 in
dollar volume has already exchanged hands.
The
Palo Alto, CA-based company has not seen any new updates hit the
news waves, but Cantabio Pharmacetuicals Inc. (OTCQB: CTBO) was
subject of a Seeking Alpha post that was published on June 13,
2016. In the article by Stone Fox Capital, the author acknowledges
the risks and drawbacks to the company, but says “the small biotech
has promising drug candidates in an area of extreme unmet needs and
in need of workable solutions,” (Seeking Alpha). Alzheimer’s,
dementia, and other neurodegenerative diseases continue to pose
major health care issues, as limited treatment options are
available.
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Cantabio Pharmaceuticals (CE) (USOTC:CTBO)
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