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Reportedly just came out this morning.
5 Pot Stocks Wall Street Believes Will Double
Sean Williams, The Motley Fool
Sean Williams, The Motley Fool
Motley FoolJanuary 23, 2019, 9:21 PM GMT+7
Whether you realize it or not, the cannabis industry had an incredible year in 2018. You might not think this was the case given the underperformance of many brand-name pot stocks, but the industry itself gained validation in a big way after Canada ended nine decades of recreational marijuana prohibition in October.
With cannabis now legal in Canada and a growing number of U.S. states and countries around the globe, attention now turns to just how big the global weed market could be. A new analysis from Arcview Market Research and BDS Analytics estimates that global cannabis sales will rise 38% in 2019 to $16.9 billion. That's a lot of money -- and Wall Street knows it.
A tipped-over bottle of cannabis buds lying atop a messy pile of cash bills.
ce: Getty Images.
The Green Organic Dutchman: Consensus target price 145% higher
Another grower finding plenty of love from Wall Street, at least based on the consensus price target, is The Green Organic Dutchman (NASDAQOTH: TGODF). The Green Organic Dutchman, or TGOD as the company is also known, has the potential to produce 195,000 kilograms per year, which would place it among the country's top five growers in terms of peak annual output.
Additionally, TGOD is expected to devote 40,000 kilogram-equivalents of its annual production to its edibles and cannabis-infused beverage division. These alternative consumption options should be legalized in Canada by October at the latest. Edibles and infused beverages are a higher-margin product than dried cannabis flower, and they could be a dangling carrot that leads a brand-name beverage or snack partner to TGOD.
On the other hand, The Green Organic Dutchman is really late to the party in terms of generating its first sale, and it looks unlikely to generate a profit this year. Unless we begin to see the tangible results of TGOD's expansion, hitting Wall Street's lofty price target could prove challenging.
Do we know for a fact that ACB is selling off Tgodf everyday? If so do we know how much?
For those of us that believe in the company I believe following, liking and sharing the instagram is a great idea.
https://www.instagram.com/konagoldhemp/
Post the addresses. Duh
How do they set the opening price?
New Age Beverages runs to three-month high
Jan 15, 2019 • SA Editor Clark Schultz
New Age Beverages (NBEV +14.1%) rallies to its highest level since October on heavy volume.
The upturn in shares coincides with the ICR Conference in Florida, where some cannabis-beverage developments could be on the way.
So I’m seriously considering investing in this company. Could you give me some bullet points on their best points?
If a company wanted to buy Tgod would is your thoughts on a what the price per share would be? I understand so many unknowns but in general what would be your prediction?
I for one do care and thank you for the information. I hope you will keep posting this kind of info. Do you have the $ amount.? I’m in a strange position of knowing I’m not going to sell for a long time yet I’m fixated on the news and moment to moment Trading. Not particularly healthy I think.
Where can I find tgodf futures information?
How long to find out if insiders are buying?
I am voting Whole Foods
The CEO wants to be them for organic cannabis. As he says every time he speaks publicly.
Sorry for being such a neophyte here. I do have a question. If insiders knew a big deal was coming wouldn’t they be prevented From buying? Also if the company knew something was coming would they be allowed to buy their own stock based on inside news?
Is this stock one you can buy on
The Federal Reserve Board sets the rules for OTC stocks, and not all can be purchased on margin.
I believe in the stock and was also trying to understand why people are selling.
https://www.bnnbloomberg.ca/investing/video/bruce-campbell-discusses-green-organic-dutchman~1447240
They have less than they did.
Is the company saying anything about what is going on with the stock? Seems something is going on. I would like to hear your thoughts.
Thanks, that’s where I was going with it. That and sometimes salient points are not time sensitive. Love the stock.
Not much anything new with you?