The marijuana industry has been anything but safe over the course of the past year to two years. Since that time however, a large amount of legislative changes have helped to completely reshape the industry for the better.
Many companies are working to up their production this coming year, but some are showing more volatility than others. Of course, there are no guarantees in the world of cannabis, but there are definitely some safer options to look out for.
The Green Organic Dutchman (TGODF) (TGOD) is one of the key marijuana companies based out of the Canadian market. There have been several issues with the Canadian market on marijuana but one of the largest factors has been high demand and low supply. The Green Organic Dutchman has been working to fight against this recently by offering extremely high quality cannabis for lower prices than most of their competitors.
Since the beginning of the year, shares of TGOD have shot up by as much as 20% before correcting slightly. TGOD has become one of the key players in the Canadian marijuana space and should remain on any investors watch list.
Scotts Miracle-Gro (NYSE:SMG) is in no way a cannabis company. Despite this, they have been able to make claim as one of the key ancillary players in the industry. Scotts has done this through a series of acquisitions as well as producing specific products aimed at growing cannabis. For those who don’t know, Scotts Miracle-Gro is primarily a lawn care and gardening company. A few years back, they realized they were striking gold with the marijuana growing industry, and quickly became one of the go to companies for growing cannabis.
Scotts’ main subsidiary, Hawthorne Gardening has been working to put out new lines of product aimed specifically at hydroponics and cannabis growing. They are able to offer everything from irrigation systems to lighting and ventilation. The past year for Scotts has not been overwhelming for investors in any way, but there are several factors that have contributed to this.
The main factor however is that the rollout of recreational cannabis in the main markets that have developed in the past year, has been slowed down by bureaucracy and companies working to meet the high demand. For this reason, Scotts has been working to continue building up its business as they see the coming years as the highest potential.
The other issue has been the climate. With an unusually cold winter, many individuals had to start their plants much earlier. These are of course extremely temporary, and Scotts and its subsidiary should be able to maintain more consistency throughout the next year.
All in all, cannabis has remained one of the most exciting markets of the past few months. This new year will be extremely instrumental in ensuring the future of the industry. With new laws going into place, the potential for the safer choices in the cannabis industry may be even higher. Whatever the reason, cannabis should continue to show its potential as we move throughout the 2019 year.
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.