|Bid||0.5500 x 0|
|Ask||0.5700 x 0|
|Day's Range||0.5500 - 0.5800|
|52 Week Range||0.5400 - 5.8100|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov. 13, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.79|
Green Organic Dutchman Holdings Ltd (TSX:TGOD) stock has some clear problems, but those issues have created a huge buying opportunity.
TORONTO , Feb. 20, 2020 /CNW/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TGOD.TO) (TGODF), a leading producer of premium certified organic cannabis, is honoured to announce that it has received the prestigious Leadership in Organic Farming Award ("Award") from the Canada Organic Trade Association ("COTA"). Organic Leadership Awards are given to industry leaders who have displayed exceptional leadership through their involvement in advancing Canada's organic sector.
TORONTO, Feb. 19, 2020 /CNW/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TSX:TGOD.TO - News) (US:TGODF - News), a leading producer of premium certified organic cannabis, is pleased to announce that it has secured a research licence from Health Canada ("Licence"). Valid for five years, the Licence allows TGOD to reduce the cost and accelerate the pace at which it develops new products by eliminating reliance on third parties. "As consumers become increasingly aware that not all cannabis products are created equal, we want to ensure that TGOD continues to go to market with consumables that bear a seal of premium quality that they can trust," commented Brian Athaide, CEO of TGOD.
Under the terms of the original Purchase Agreement, TGOD purchased three 120kW Radiant Energy Vacuum ("REV™" ) machines equipped with Optional Support Equipment and Robotic Arms for installation at its Valleyfield, Quebec facility. At the request of TGOD, due to its revised processing requirements and a phasing of the Valleyfield facility buildout, the capacity of REV™ machinery to be delivered to TGOD has been reduced to a single 120kW REV™ machine with an Optional Support Equipment and Robotic Arm system.
There's a big difference between investing in stocks like Green Organic Dutchman Holdings Ltd (TSX:TGOD) and stocks like Cronos Group Inc (TSX:CRON)(NASDAQ:CRON).
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (17,415.17, up 62.27 points.)Aurora Cannabis Inc. (TSX:ACB). Health care. Up 36 cents, or 15.45 per cent, to $2.69 on 19.6 million shares.Organigram Holdings Inc. (TSX:OGI). Health care. Up $1.24, or 44.13 per cent, to $4.05 on 9.9 million shares.Hexo Corp. (TSX:HEXO). Health care. Up 33 cents, or 15.87 per cent, to $2.41 on 8.15 million shares.Canopy Growth Corp. (TSX:WEED). Health care. Up $1.32, or 4.24 per cent, to $32.46 on 7.7 million shares.Aphria Inc. (TSX:APHA). Health care. Up 39 cents, or 6.01 per cent, to $6.88 on 6.9 million shares.The Green Organic Dutchman Holdings. (TSX:TGOD). Up six cents, or 8.22 per cent, to 79 cents on 6.9 million shares. Companies in the news:Air Canada (TSX:AC). Down 47 cents to $51.54. Air Canada unveiled Wednesday its first Airbus A220 jetliner, one of an eventual 45 it hopes will expand its grip on the North American market. The narrow-body aircraft, whose maiden voyage takes off for Calgary from Montreal on Thursday, grants Canada's largest airline greater range and cost savings as the company tries to shore up profit margins amid the ongoing grounding of the Boeing 737 Max. The 137-seat A220 offers 20 per cent more fuel efficiency than some Boeing 737 and Airbus jets, and will begin to replace planes like the Embraer E190 with 97 seats, said Craig Landry, Air Canada's head of operations.Teck Resources Ltd. (TSX:TECK.B). Down 16 cents to $20.99. Mining company Teck Resources Ltd. says it is purchasing the SunMine solar electricity generating facility in B.C. from the City of Kimberley. The Vancouver-based company says it has agreed to pay about $2 million, matching the city's debt associated with the operation. The 1.05-megawatt SunMine opened in 2015 on reclaimed land at Teck’s Sullivan Mine, which was closed in 2001 after producing zinc, lead and silver for nearly 100 years. But its earnings for the community fell short of expectations, in part due to heavy smoke caused by summer forest fires, and the city has been negotiating to sell it to Teck for several years.Cogeco Communications Inc. (TSX:CCA). Down $10.60 or 9.4 per cent to $102.32. Shares of Cogeco Communications Inc. fell by nearly seven per cent Wednesday after the cable and internet provider missed expectations despite a 20 per cent increase in net income in its most recent quarter. The Montreal-based company says it earned $84.2 million for the period ended Nov. 30, up from $70.2 million a year earlier. That translated into $1.70 per diluted share, compared with $1.41 per share in the first quarter of 2019. Revenue grew 1.8 per cent to $586.8 million from $576.7 million, driven by growth in its U.S. broadband services segment.This report by The Canadian Press was first published Jan. 15, 2020.The Canadian Press
Learn why a partnership with Altria Group Inc (NYSE:MO) should propel Cronos Group Inc (TSX:CRON)(NYSE:CRON) stock higher.
The cannabis industry continues to offer investors big opportunities but also comes with some major risk. Investors should be aware of the risk that exists and only stick to high-quality names like WeedMD Inc (TSXV:WMD).
Horizons ETFs has completed its final marijuana ETFs rebalance of 2019 TORONTO , Dec. 30, 2019 /CNW/ - Horizons ETFs Management (Canada ) Inc. (" Horizons ETFs ") has completed the quarterly ...
TORONTO, Dec. 24, 2019 /CNW/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TSX:TGOD.TO - News) (US:TGODF - News), a leading producer of premium certified organic cannabis, is pleased to announce that it has closed the previously announced senior secured first lien credit facility of up to $42.7 million (the "Facility") with Maynbridge Capital Inc. (the "Lender"). The Facility consists of a committed $27.7 million senior secured term loan with an 18-month term, and an additional uncommitted $15.0 million senior secured term loan to be made available upon the Lender's credit approval and the achievement of certain operating and financial milestones which the Company expects to obtain and achieve not earlier than the end of the third quarter of 2020. TGOD also issued 7,000,000 common share purchase warrants of the Company ("Warrants") to the Lender.
TORONTO, Dec. 19, 2019 /CNW/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TSX:TGOD.TO - News) (US:TGODF - News) is pleased to announce that it has closed its previously announced short form prospectus offering, on a bought deal basis, including the full exercise of the underwriter's over-allotment option. A total of 36,800,000 units of the Company (the "Units") at a price per Unit of $0.75 were issued for aggregate gross proceeds of $27.6 million (the "Offering"). The Offering was conducted by Canaccord Genuity Corp.
If you want to experience rapid growth in 2020, bet on low-priced stocks like Green Organic Dutchman Holdings Ltd (TSX:TGOD) and Bombardier, Inc. (TSX:BBD.B).