Marijuana stocks have been making big waves for some time now, but the past few weeks have remained especially positive for the industry. The introduction of the Farm Bill and the advent of legal hemp have made cannabis stocks jump quite high over the last month or so, and things don’t look to be slowing down anytime soon.
With billions pouring into the legal marijuana industry, it’s only a matter of time before companies can begin to reach their full potential. The government’s position on cannabis has also been lightening in recent months as new pharmaceuticals are being approved. Several stocks have also been highlighted as having large potential due to high profits for the coming year.
The Green Organic Dutchman (TGODF) (TGOD) has reported gains upwards of 20% in the past week. Many have wondered what the main reasons for this gain has been. The main culprit is the fact that TGOD has been working on the production of their new website which will be directed at improving the customer experience overall.
The websites current state has more than 3,000 interviews with various patients as well as a place for customers to give input on their product experiences. TGOD did see a bit of a decline toward the end of the year during 2018, but this was a problem faced across the board. The past month or so has remained very solid for The Green Organic Dutchman as they continue to boost production and spaces for growth.
OrganiGram Holdings (OGRMF) is another one of the key players in the marijuana growing space. The company has been working to build out new operations to grow as much as 113,000 kilograms of cannabis when operating at full capacity. OrganiGram has also been working to build out their new facility which will be based out of New Brunswick.
The facility will consist of 490,000 square feet of purely dedicated growing space which interestingly enough is not an incredibly amount considering the output they will be able to attain. OrganiGram is currently able to produce as much as 36,000 kilograms of cannabis per year which is on the smaller side, but as soon as this new facility is done they should be able to produce much more.
Innovative Industrial Properties (NYSE:IIPR) is an interesting play in the marijuana market due to the fact that they are not a producer of cannabis, but rather a procurer of locations for lease to those wishing to grow. This produces a very solid and predictable profit stream which should allow them to continue building out their operations.
IIPR currently has as much as 11 properties leased for a length of 15 to 20 years which should help them to continue attracting more investors overall. One of the key aspects of their growth is the fact that more and more states in the U.S. are legalizing the use of marijuana. This should make it much more accessible for them to continue to find new properties to acquire and lease out.
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.