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Green Organic Dutchman Holdings Ltd (OTCMKTS: TGODF) Breakout Looms



Green Organic Dutchman

Shares of Green Organic Dutchman Holdings Ltd (OTCMKTS: TGODF) are powering higher after a minor correction from 2019 highs. A build up in the upward momentum could as well signal a bounce back on improved market sentiments.

TGODF Catalysts and Price Analysis

A bounce back in share price follows the confirmation that the Company has secured approval for the opening of a second legal cannabis retail store in Jamaica. The Company’s extraction processing services provider has also received organic certification, setting the stage for The Green Organic Dutchman Holdings to start delivering high-quality cannabis organic oils.

The Green Organic Dutchman Holdings has also secured a Health Canada license for the sale of cannabis oils, marking an important milestone in the race to diversify the current product line. The license approval comes on the heels of the Company commencing distribution of certified organic cannabis to medical patients in March.

A string of positive news helped catapult the stock to highs of $4 a share in March. While the stock did pull lower, in what appeared to be as a result of investors taking profits, the uptrend remains intact.

TGODF Daily Chart

The Green Organic Dutchman Holdings has bounced off the $3 support level, waiting to see if the upward momentum has what it takes to fuel a rally back to this year highs. A rally followed by a close above the $4 a share resistance level, should see the stock turning bullish, with vast prospects of making a run for 52-weeks highs.

Conversely, failure to hold above the $3 support level could result in the stock plunging to where it started the year at the $2 level.

What Does The Green Organic Dutchman Holdings Do?

The Green Organic Dutchman Holdings casts itself as a cannabinoid-based research and development company. The Company produces organic cannabis products including organic dried cannabis, cannabis oils as well as edibles and seeds for medical applications.

Jamaica Expansion Drive

The Green Organic Dutchman Holdings is a potential bounce-back play as a string of positive development continue to strengthen the stock’s market sentiments.  For starters, the Company is in the process of expanding its footprint in Jamaica following the approval of a second retail store.

The new store is located at the Montego Bay, a popular tourist destination, where the Company remains well positioned to generate significant amount of sales. In partnership with its Jamaican partner Epican Medicinal, The Green Organic Dutchman Holdings intends to open additional herb houses in the island, to service the strong demand for cannabis products.

“Our Kingston location witnessed increasing sales volumes; setting the stage for the grand opening of an Epic a Herb House in Jamaica’s largest tourist hub. It is an important milestone toward further expansion for Epican and TGOD in Jamaica,” commented Brian Athaide CEO of TGOD.

Organic Certification Milestones

The Green Organic Dutchman Holdings has also received a significant boost on its bid to develop and make available a wide array of cannabis products.  Its extraction processing services provider Valens GroWorks Corp has secured an organic certification.

With the certification, the extraction service provider will now be able to supply The Green Organic Dutchman Holdings with the much-needed cannabis extracts for developing high-quality organic oils.

In addition, the Company’s European acquisition HemPoland has also secured organic certification from Authorities in Poland. The approval opens the door for The Green Organic Dutchman Holdings to enhance extraction and formulation of high-quality hemp oils from certified organic raw materials.

“We are incredibly excited that Hem Poland’s facilities, production, and processes have received organic certification within Europe. This is a major point of differentiation that offers consumers a premium experience. We are proud to continue to deliver and execute on our global organic strategy,” added Mr. Athaide.

What Next For the Green Organic Dutchman Holdings

The current share price does not accurately reflect The Green Dutchman Holdings potential. A pullback from this year highs might as well have presented a fundamental investment opportunity for investors who missed on the initial spike.

Expansion into new markets, as well as the unveiling of new cannabis products, position the Company to generate significant revenues thus shareholder value going forward. That said the stock is a fundamental pullback play after the recent correction.

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Disclosure: We have no position in TGODF and have not been compensated for this article.

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MJ Stocks

Is Neptune Wellness Solutions Inc (TSE:NEPT)(NASDAQ:NEPT) A Good Bet Right Now?



Neptune Wellness Solutions

There is no doubt 2019 was a tough year for the hemp/cannabis businesses. However, there are a few hemp/cannabis stocks that still managed to make their investors proud. Neptune Wellness Solutions Inc (TSE:NEPT)(NASDAQ:NEPT) is one of those stocks. Investors who put their bet on Neptune at a time like this saw their investment increase 130% by July of last year.

Neptune Wellness Solutions is already off to a strong start in 2020. The stock has gained more than 15% in the past week alone. Looking at how Neptune has positioned itself in the hemp/cannabis market, you cannot dispute 2020 is shaping up to be a great year for the stock. Then you notice that Neptune insiders are deeply invested in the stock. Insiders own more than 17% of all shares in the company. The company’s market cap of $280 million shows that insiders alone have sunk $48 million in the stock.

You are about to find out more reasons why Neptune Wellness Solutions looks to be a good pick right now. But first, here’s what you should know about the company we’re discussing.

About Neptune Wellness Solutions

Neptune Wellness Solutions has been around since 1998 and is headquartered in Laval, Canada. It is engaged in the extraction, formulation, and packaging of value-added cannabis products for both Canadian and global markets.

This is shaping up to be Neptune’s year for a number of…

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Is Tetra Bio-Pharma (CVE:TBP) (OTCMKTS:TBPMF) A Smart Pick?



Tetra Bio-Pharma

Investors will remember that 2019 wasn’t a great year for cannabis stocks, especially Canadian stocks. Issues from uncertainty over Canada’s national elections to shortage of cannabis retail stores in Ontario greatly weighed on Canadian cannabis stocks last year. These problems are largely out of the way and investors can now spot cannabis stocks with a promising outlook in 2020. Tetra Bio-Pharma (CVE:TBP) (OTCMKTS:TBPMF) is one play poised for a big breakout in 2020 as its drug products go on sale.

Tetra Bio-Pharma is one of the most promising cannabis stocks in 2020 and investors have really warmed up to the stock. At $0.50, Tetra stock has already gained more than 60% year-to-date. But that is just the beginning and we feel there is a great story to tell here. First, however, it is important for investors to understand the company we’re discussing.

About Tetra Bio-Pharma

For investors who may have just come across Tetra Bio-Pharma for the very first time, this is a Canadian cannabis company. It is focused on developing cannabis-based drugs for a variety of conditions, including cancer.

Tetra Bio-Pharma about to begin commercializing its drug products

As a drug company, Tetra Bio-Pharma is insulated from many challenges that face conventional cannabis companies. For example, companies that make adult-use cannabis products must cope with cutthroat competition in the market. Moreover, Canadian cannabis companies have Continue Reading

MJ Stocks

Why Investors Are Warming Up To Fire & Flower Holdings Corp (TSE:FAF) (OTCMKTS:FFLWF)



Fire & Flower Holdings

The disastrous 2019 taught investors the importance of carefully screening cannabis stocks for great picks that can withstand industrywide shocks. That explains why investors are warming up to Fire & Flower Holdings Corp (TSE:FAF) (OTCMKTS:FFLWF) in 2020.

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About Fire & Flower Holdings

Fire & Flower Holdings is a Canadian cannabis company. It operates as a cannabis product retail chain. It operates a network of dozens of cannabis retail outlets in Canada. FFLWF currently has licenses to operate cannabis retail stores in Alberta and Saskatchewan provinces. In addition, it runs a cannabis distributor business in Saskatchewan.

Investors will no doubt remember that 2019 was a tough year for the cannabis sector, with a widespread collapse of many cannabis stocks big and small. That shows why in 2020 investors are looking for cannabis stocks that can deliver excellent returns and make them forget the pain of the past year. FFLWF has emerged as one of the favorite cannabis stock picks for investors early on in 2020. There are several reasons behind that and here are…

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