The Reason For the Marijuana Stock Slump – Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™
Marijuana Stocks, Finance, & Investing October 27, 2018 MJ Shareholders 0
The marijuana stock market has remained incredibly successful for some time now, but in recent times varying news has speculatively affected in the industry. The marijuana industry, however, is still very much in its infant stages which means that speculation still very much affects the fluctuations of the space. This however, has not been alone as the whole market has seen a recent slump due to everything from Saudi Arabian troubles and various tariffs put on countries around the world. The most exciting piece of news in the past month or so has been the start of the legal recreational cannabis market beginning on October 17th. Although the market opened unassumingly, the real promise seems to be in the future of the marijuana stock space.
The Green Organic Dutchman (TGOD) is one of the most promising cannabis businesses in the industry and for good reason. The company has been working to be one of the primary producers of cannabis in the whole of the space as the industry moves forward with legal measures. In recent days, the company stated that they have put forward two strategic appointments for their leadership team. Those two are Emily Demeo as Marketing Brand Director and Terry Reid as Director of Legal and Compliance. Andrew Pollock, VP of Marketing stated that “We are pleased to add a Marketing executive of Emily’s calibre to the TGOD team. We have received tremendous feedback from consumers about our organic-certified platform, and now Emily will help drive that strategy across a number of verticals. She has a winning track record and a keen understanding of the organic consumer.” With a team full of these trained professionals, it seems as though TGOD is one of the main companies to watch as we move toward the future of the industry.
OrganiGram Holdings (NASDAQOTH:OGRMF) is a small cap grower of cannabis that has been looking to be taken over by various bigger businesses in the industry. The company is based in the Atlantic which means that they have a large amount of exposure to the Canadian market, one of the largest in the world. The company has also posted some of the best yields for growing cannabis in the industry with a three-tiered growing system throughout their 480,000 square foot Moncton, New Brunswick facility. The company should be able to produce as much as 113,000 kilograms of cannabis per year, which is staggering considering the yields being produced with companies who have over 1 million square feet of growing space. The company has also stated that they are drastically committed to hiring the best staff in the business to ensure that their future is as promising as possible.
The whole of the cannabis space has managed to overcome many of these challenges in recent times, but the most promising parts of the industry are for the future. The hopes are that the marijuana stock space can begin to settle down as it becomes less based on speculative trading. Although the industry can be a topsy-turvy space, cannabis as a whole remains incredibly interesting to watch.
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 353,624 shares which are restricted for 6 months from the IPO date of 5/2/2018, 30,000 free trading shares & 221,898 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 October 10, 2018 a member of MAPH Enterprises LLC holds freely trading 90,000 shares and 300,000 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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