Marijuana stocks have seen some darker days as the end of last year showed some signs of bearish sentiment from various investors. The beginning of this new year, however, is characterized by a complete shift from this, allowing for companies to see bullish returns and move toward the future of the industry. With so many changes affecting the growth of the market such as legislation and the public opinion of the substance, many companies have become standouts amongst the market.
The Green Organic Dutchman (TGODF) (TGOD) is a perfect example of a growth based marijuana company working to reach the top of the market. The Green Organic Dutchman has seen their shares shoot up by around 20% since the beginning of the month.
Although this may not be the hundreds of percents gains that some volatile cannabis stocks see during this period, The Green Organic Dutchman has seen their rise characterized by a large amount of stability in their pricing. The company recently announced that they were entering into an agreement with both Queen Genetics and Knud Jepsen, which will help them to build out their commercial cannabis business as well as their production of cannabis oils.
The goal is to produce these forms of cannabis out of Denmark, which will likely help The Green Organic Dutchman on their way to becoming one of the larger international marijuana players. Currently, the majority of their operations lie out of Canada, which is one of the largest marijuana markets in the world. They currently operate as much as 116,000 kilograms of fully funded capacity for cannabis growth with more than 970,000 square feet of growing space currently in the works.
In other big news regarding The Green Organic Dutchman, Aurora Cannabis, one of the other large players in the marijuana market invested as much as C$78.1 million for a 17.5% stake in the former. This amount invested shows just how much faith Aurora and a large amount of investors have in the future of The Green Organic Dutchman.
Canopy Growth (NYSE:CGC) stands in their own category as one of the top producers of cannabis in the world currently. The company has a production capacity that is second only to Aurora Cannabis, but what separates them is the amount of free-flowing cash that they have on hand.
Canopy made big headlines a few months ago after receiving a third investment worth around $3.8 billion from the beverage behemoth, Constellation Brands (NYSE:STZ). The relationship that they have with Constellation has helped to give investors a newfound sense of confidence. Many believe that cannabis and CBD infused beverages could be the future of the market, and the ones that currently exist are showing a large amount of potential.
On the other hand, however, Canopy is not simply relying on the prospect of a beverage business for their growth. Canopy is working to become the largest producer of cannabis in the world as stated before, and now that hemp is legalized in Canada’s southern neighbor, it seems as though they could be entering that market as well. All in all, Canopy seems like it may be poised for growth like no other.
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.