NEW YORK, November 28, 2016 /PRNewswire/ --
http://www.Financialbuzz.com - The United States' economic priorities in recent years have been with an emphasis on energy efficiency. Recently, the United States has become the growth driver of global LED lighting demand market. An analytical research by LEDinside explains that the United States maintains industrial development by advocating for local assembly in order to meet the strong market demands. According to the research the LED lighting market will be worth $29.6 billion in 2016 and is projected to rise to$ 33.1 billion as of 2017. Tall Trees LED Company (OTC: TLED), Sino Agro Food Inc. (OTC: SIAF), MCig Inc. (OTC: MCIG), Lithium Americas Corp. (OTC: LACDF), BioCardia Inc. (OTC: BCDA)
LED lights are different from traditional light bulbs, largely because LED technology uses semiconductors that convert electricity into light. In the past such lights used mainly for industrial purposes, such as in traffic lights. Now LED lighting is used in a wide variety of applications, like agriculture and horticulture including cannabis growth, algae control, increasing energy efficiency in buildings, reducing light pollution, and LED emitting diodes are also being used for medical applications. LED light products are often powered by lithium, for both safety and efficiency.
Tall Trees LED Company (OTC: TLED) is manufacturing several products for the LED market for a varied range of goals. The company's lighting products are for frequency specific applications such as horticulture, algae management, and also for light-delivery and spectrum-sensitive functions, such as wildlife preservation and light pollution reduction. The products range of fixtures, varying in power and distribution, for both consumer and commercial applications.
On November 10th Tall Trees LED Company announced that it has completed the acquisition of Dallas Lighting & Photonics and Tall Trees LED. Both companies are considered to be pioneers in the light engine design and engineering business.
Robert Manes, Chief Executive Officer of Tall Trees LED Company said in a statement, "In an effort to accelerate past our solid-state lighting competition through shared innovation, we have capitalized on the opportunity to combine these two entities, empowering each individually, while maximizing the potential of their complementary yet diversified capabilities. We are extremely excited about the potential for robust growth, and the opportunity to gain a growing footprint in the advanced lighting marketplace."
Sino Agro Food Inc. (OTCQX: SIAF) is an agriculture technology and natural food holding company. The Company obtains and upholds equity stakes in a portfolio of companies to produce, distribute, market and sell protein food, and produce, primarily seafood and cattle. It provides consulting and services to joint venture partners to construct and operate food businesses, producing wholesale fish and cattle. Currently, the company operates in five segments: Fishery Development Division, HU Plantation Division, Organic Fertilizer and Bread Grass Division, Cattle Farm Development Division, and Other Divisions.
A diversified company serving the legal cannabis, hemp, and cannabidiol markets, MCig Inc. (OTCQB: MCIG), updates shareholders from the Las Vegas Conference on an industry changing deal that Scalable Solutions has signed an exclusive agreement with Sangreen International Agricultural Technology Co, one of the premier greenhouse manufacturers in the World. The exclusive agreement will allow Scalable Solutions to buy, sell & market Greenhouses for China's largest manufacturer and worldwide distributor of the entire USA Cannabis market. Greenhouse technology is one of the most wanted portions of the sector as they relate to the cannabis and urban farming industries due to their low cost structure and operations.
Lithium Americas Corp. (OTCQX: LACDF) is re-branding its clay minerals business as RheoMinerals Inc. The company operates an advanced manufacturing facility in Fernley, Nevada from which it supplies a full line of organophilic clay mineral products. The company forecasts revenues in 2017 to be derived primarily from the environmental, industrial coatings, animal feed, and drilling fluid markets. Frank B Wright Jr, President and Chief Executive Officer of RheoMinerals comments "The RheoMinerals team has proven to be remarkably creative and nimble in adapting to changing market conditions to successfully pursue growth opportunities through product innovation and industry collaboration. The new branding completes a successful business transition to a broader range of markets in the aftermath of challenging market conditions in the energy sector".
linical-stage regenerative medicine company, BioCardia Inc. (OTC: BCDA) progresses therapeutics for cardiovascular diseases. The company offers the Helix biotherapeutic delivery system product line that offers a catheter system for the local delivery of cells, gene, and protein therapeutics to the heart and the Morph vascular access product line, which offers catheter products for interventional medicine. Its lead therapeutic candidate is the CardiAMP Cell Therapy System that is in Phase III pivotal trial for ischemic systolic heart failure. The CardiAMP Cell Therapy System comprises cell potency screening test, a point of care cell processing platform, and a biotherapeutic delivery system.
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