In our economic environment, where innovation is key to success, a few sectors are particularly popular, among them are renewable energy, cannabis, bio-techs, new technologies like automation and virtual or augmented reality and more. Each of these sectors is divided into several subindustries. Renewable energy for example, includes wind energy, solar energy, hydro energy, as well as green energy sources like lithium-ion batteries. Solar in particular has been gaining popularity over the course of recent years. A recent report by Global Market Insights, Inc. estimates that the global solar energy market size was valued at $65 billion in 2015 and is likely to exceed $140 billion by 2023.
Solar Integrated Roofing Corp. (OTC: SIRC) is a development-stage company which is focused on integrated solar and roofing installation. The Company specializes in commercial, residential and industrial properties with an emphasis on acquisitions of similar companies. On December 22nd the company announced that it has appointed Robert Rinaldi as vice president of sales, who brings a range of experience distinctly suited to the sale of the company's products. CEO of Solar Integrated Roofing, David Massey said, "Sales of our roofing products and systems requires a broad set of skills and experience that Robert has developed over the course of his career. He understands real estate, home values and compliance. His experience in loans and debt management will prove invaluable both to our Company and to our customers."
Earlier in December Solar Integrated Roofing Solar Integrated Roofing announced that revenue figures for October-November combined, and November on its own set company records, surpassing last year's results. The combined results, unaudited, of October and November show total income of $1.45 million, resulting in a gross profit of $558,000 and net income of just under $300,000. November's unaudited results showed revenue of approximately $822,000, a gross profit in excess of $367,000 and net income of almost $220,000.
"We are very pleased with these record-breaking revenue results, and with the healthy gross profit and net income we derived from them. Based on jobs scheduled through the end of the year, we anticipate that December revenue could top the $1 million mark. That would make the fourth quarter of 2016 our best quarter in company history, and it would set the stage for 2017, when we believe more records will fall. We believe we can and will double our revenue for 2017 compared with 2016, already our best year on record." said David Massey.
The nation's first healthcare insurance carrier/aggregator in the medical cannabis sector is Novus Acquisition & Development Corporation (OTC: NDEV). The company provides medical plans and related programs for hemp and cannabis patients in the United States. Novus's insurance plan also covers physician visits, dental, Lasik, hearing, diabetic supplies, lab services, prescriptions, and other integrative medicines. In addition, it provides insurance plans that cover general liability, commercial auto truck, workers compensation, property, umbrella, excess liability, environmental, errors and omissions, and others, as well as offers specialty line of insurance products. Novus has positioned itself to gain market share within many lines of insurance business within and outside of the MMJ sector.
Leader in the development of comprehensive solutions for cardiovascular regenerative therapies, BioCardia (OTC: BCDA) receives another US Patent covering a method of treating heart attack tissue damage with progenitor cells in patients, providing further protection to the company's Phase III CardiAMP Program. "We are pleased to have obtained this additional new patent which provides further protection around our CardiAMP program. Our patent strategy is to pursue protection around our active programs where we are investing our resources," commented Chief Executive Officer of BioCardia, Dr. Peter Altman.
OWC Pharmaceutical Research Corp. (OTCQB: OWCP) engages in the research and development of Cannabis-based medical products. OWCP provides medical products for the treatment of various medical conditions and/or diseases, and provides consulting services to companies and governmental agencies related to international medical cannabis protocols and regulations. OWC Pharmaceutical conducts medical research and clinical trials through its wholly-owned Israeli subsidiary, One Word Cannabis Ltd., in full compliance with all international regulatory protocols, for the development of cannabis-based products and treatments specifically designed for multiple myeloma, psoriasis, fibromyalgia, PTSD, migraines, and of a unique delivery system.
CV Sciences Inc. (OTCQB: CVSI) is a life science company, focusing on developing and commercializing novel therapeutics utilizing synthetic Cannabidiol, currently with two distinct divisions: pharmaceuticals and consumer products. These divisions are supported by their medical and scientific advisory board, and state‐of‐the art production facilities. CV Sciences is involved in manufacturing, growth, distributing and marketing consumer products that contain cannabidiols, which is developed in its portfolio brand. PlusCBD Oil is the top-selling brand of hemp-derived CBD oil for customers in the company.
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