Monday, January 28, 2019

QualityStocksNewsBreaks – Kontrol Energy Corp.’s (CSE: KNR) (FSE: 1K8) Smart-Energy Solutions Could Cut Cannabis Cultivation Costs


Ontario-based tech company Kontrol Energy (CSE: KNR) (FSE: 1K8) engages in the integration of smart-energy technologies and solutions to deliver energy cost savings and reduced greenhouse gas emissions to both commercial and industrial properties. The company is utilizing this strategy to help companies cut costs in the booming cannabis industry. An article discussing the company reads, “Energy costs are a big part of the equation. Using traditional growing methods, it takes about 2,000 kilowatt-hours (kWh) of electricity to produce a pound of cannabis product. That’s roughly the same energy consumption as an average household over a period of two to three months. To produce 1,000 pounds per annum would cost C$188,000 at the current mid-peak price of 9.4¢ per kWh — much, much more (C$264,000) at the on-peak price of 13.2¢ per kWh (http://ibn.fm/dUPil). . . . However, Kontrol Energy is offering ways to cut those costs. In July 2018, the company announced that it was entering the North American cannabis market as a supplier of integrated energy efficiency solutions and technologies (http://ibn.fm/Gz7Xs). Through its operating subsidiaries and its most recent energy technology acquisition, Kontrol is focused on assisting cannabis growers reduce their costs of energy.”

To view the full article, visit http://ibn.fm/AKcxA

About Kontrol Energy Corp.

Kontrol Energy (CSE: KNR) (FSE: 1K8) is a leader in the energy efficiency sector through IOT, cloud and SaaS technology. With a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy provides market-based energy solutions to its customers designed to reduce their overall cost of energy while providing a corresponding reduction in greenhouse gas (GHG) emissions. For more information, visit the company’s website at www.KontrolEnergy.com.

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php


No comments: