The growers of marijuana have long reigned supreme in the cannabis industry. While there are plenty of other sectors within the cannabis market, those who grow the raw plant seem to be the companies at the forefront of the future. When looking to invest in growers, it is not as important to figure out which is the largest, but rather which company can produce the most cannabis with the least amount of space.
Additionally, growers of cannabis should have something that separates them rather than just the sheer quantity of the plant they can produce in a given time. While some growers may have extremely large yields, others are better at producing craft cannabis which can often sell for more.
The Green Organic Dutchman (TGODF) (TGOD) is considered to be one of the larger growers of marijuana throughout the whole of the industry, let alone the Canadian market. The company recently announced that they are working on completing two new facilities that will help them to greatly increase the output of cannabis that they can produce. With new modifications to their design plans, they should be able to put out as much as 202,500 kilograms of cannabis, which is larger than the previous goal of around 156,000 kilograms per year.
Although this should help them to continue competing at the highest level of the industry, the new design requirements will cost them an extra three months of time before they can begin to put product into the industry. Brian Athaide, CEO of The Green Organic Dutchman stated that “not only have we addressed the important redesign requirements, we have also made significant improvements to the operating capacity and capital timing of our facilities, resulting in an additional 46,500 kilograms of productive capacity.”
Athaide went on to state that “this allows us to bring additional product to both Canadian consumers and global markets. We’re also excited to supply our first patients in the Growers Circle with premium organic cannabis this month, generating our first domestic revenues.” All of this is extremely exciting for the company as they begin to take over the domestic landscape on cannabis. The hopes are that they can continue to swiftly reach a completion point with these new facilities, so that they can be up and running as well as producing revenue in the not too distant future.
Cronos Group (NASDAQ:CRON) is another one of the key players in the marijuana industry, and arguably one of the top three largest companies throughout the whole of the market. One of the biggest pieces of news to hit the company came only a few months ago as Altria (NYSE:MO), the large tobacco producer, stated that they would be putting a $1.8 billion equity stake into Cronos Group. This would allow them for a majority stake of 55% in the company.
While some investors have stated that this is a big positive, others have said that the entrance of big tobacco into the marijuana market may not be the best look. Regardless, it seems as though since cannabis is still such a young and maturing market, the infusion of such a large amount of capital should help to get the ball rolling on new and innovative projects.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and The Green Organic Dutchman, Midam is being paid $20,000 per month for a period beginning July 30, 2018, and ending July 30, 2019. We may buy or sell additional shares of (TGODF/TGOD) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about The Green Organic Dutchman. The principles of MAPH participated in the IPO for The Green Organic Dutchman Holdings, Ltd. (TGOD) & own a collective 193,797 free trading shares & 9,725 warrants. The principals of MAPH intend to sell their positions in (TGOD) for profit. MAPH nor any of its principals have been compensated for any material related to (TGOD). As of November 13, 2018 a member of MAPH Enterprises LLC holds freely trading 231,300 shares and 150,000 warrants of The Green Organic Dutchman (TGODF) purchased in the open market. These may be sold at any point. This disclaimer will be updated at such time.
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