What Went Wrong With Marijuana Stocks in 2018 That Could Change in the New Year
FeaturedMarijuana Industry NewsUncategorized December 28, 2018 MJ Shareholders
This year in marijuana stocks has been one of the fastest changing in the history of the market. In only a years time, cannabis went from being quite under the radar, to being traded on various major U.S. exchanges as well as seeing the introduction of multi-billion investments.
This year, Canada decided to legalize the use of marijuana for recreational purposes, quickly followed by many states throughout the U.S. during the midterm elections. Once Canada is operating at full capacity, it should be able to add as much as $5 billion in additional sales into the industry. Although the U.S. is still waiting on new laws to come from the federal government, cannabis has shown it is worthy of big business. This coming year, we have many things to look forward to as marijuana continues to change from the inside out.
One of the biggest factors of the changing industry this year has been the fact that there has been an increased level of volatility. One of the main gauges of the market, the Horizons Marijuana Life Sciences ETF, which saw three consistent quarters of revenue, recently posted losses of around 45% for the year. Much of this has been due to fears over the future of the industry. These fears, however, have been countered by massive investments into some of the largest companies in the industry. These billion dollar investments have given a new air of confidence to investors looking to work in the cannabis market.
The Green Organic Dutchman (TGODF) (TGOD) is a large producer of cannabis throughout the Canadian market. TGOD saw quite downtrend along with the rest of the market during the past few weeks. Watching the stock price for The Green Organic Dutchman, one can deduce that much of this spike in volatility has been swapped for a new higher level of stability in the company. Some have stated that TGOD could be able to generate a future valuation with all of its new opportunities considered, somewhere in the area of $3 billion. This has gotten investors extremely excited due to the relatively low price of the company’s shares in the current day.
The Green Organic Dutchman’s market cap currently sits at around $900 million which is still very sizable compared to the majority of businesses in the industry. The Green Organic Dutchman also still holds a relatively low amount of visibility which means that investors have not heard too much coming out of the company. This, however, has been quite lucky for some, as the company has been working to produce new and consistent gains with contracts going into the deep marijuana future.
TGOD is still awaiting the completion of some of their newest facilities which should help them to meet the extremely high demand felt throughout the market. Once this new space is open, The Green Organic Dutchman will be able to fill its product demand which should bring them a large amount of free-flowing capital. For now, investors should continue to watch TGOD into the coming years.
The new year for cannabis will be extremely exciting across the board. As we move toward future valuations and future demand, the hopes are that new laws will help to shape the cannabis industry of the next few years.
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.
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