Marijuana stocks have continued to be the talk of the town as early investors have seen returns in the hundreds or even thousands of percents. The cannabis industry has also remained incredibly interesting as countries such as Canada continue to move forward with legalization efforts. All of this has helped to bring in a whole slew of new investors in to a space that otherwise had been seen as skeptical by some. As the industry continues to be shaped by innovation and the changing public opinion around the world, it seems as though the future is the most exciting aspect of cannabis.
Several stocks have been able to move to the forefront of the industry amidst changing regulation and one of them has continued to be OrganiGram Holding (NASDAQOTH:OGRMF). The company has been working to grow their business as one of the largest producers of cannabis throughout Canada and beyond. One aspect of the business that continues to excite investors as well is the fact that they are geographically positioned differently than most businesses in the Canadian cannabis space. The company resides on the Atlantic side of the Canadian space which means they have a whole new amount of exposure that many of their West-Coast relatives do not have. According to one report “The company is employing a three-tiered growing system in its 480,000 square foot Moncton, New Brunswick, facility. When the capacity expansion is fully complete (likely by the first half of 2020), OrganiGram should be producing 113,000 kilograms of weed a year.” This amount of cannabis is something that should alone excite investors as it is continuously growing to help meet the demands of the future industry. With costs on the way down and the consumer base growing rapidly, Organigram remains of the companies to watch in the near future.
GTEC Holdings, Inc. (GGTTF) is another one of the key players in the cannabis space in Canada but has been working in a different way than others. According to the company “GTEC Holdings is comprised of multiple cultivation facilities under Health Canada’s Access to Cannabis for Medical Purposes Regulations (“ACMPR”) each with a unique focus and strategy.” This vertical integration has helped to bring in new investors as it shows a large amount of promise for having control in the business and how they can develop throughout the coming years. The company has also stated that “Our goal is to become one of Canada’s leading vertically integrated cannabis companies. Full vertical integration within the cannabis eco-system will ensure the consumer end-product is delivered with exceptional quality and consistency.” All of this shows the excitement that innovation can help to drive throughout the whole of the cannabis space.
Marijuana as an industry has managed to grow rapidly in the course of the past several years. With new legislation working its way around the world, it seems as though the coming months are going to be a changing period for the space. Only time will tell how this expansion can continue to thrive throughout the growing competition in the market.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC, Midam Ventures LLC, and GTEC Holdings, Inc., Midam has been paid $63,333 cash per month from the company and ZERO shares of GTEC Holdings, Inc. for a duration beginning 07/10/2018 & ending 07/10/2019. We may buy or sell additional shares of (GGTTF) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.
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