cannabisGreen Organic Dutchman Holdings Ltd. (OTC: TGODF) is a Canadian based cannabis company that specializes in medicinal products. It is integrated through production and distribution, giving it strong control over the supply and retail chain. Like many cannabis stocks, this one has taken a hit in the market this year, however, analysts are predicting a strong upside as this company works towards a rollout of derivative products.

Derivative cannabis products are a prime target for producers. They can help to capture a wider area of the consumer and medical market, which is exactly what this company needs to achieve its growth targets. Derivatives offer a higher margin than medical products, which is why analysts are predicting an upside of 222%.

Derivatives in the pipeline include cannabis-based edibles, beverages, and vaping products. Initially scheduled to release new products in October, the company has now moved its target to December. Inventory release will be slow, so it could take until the first quarter of 2020 that we see the impact on sales revenue.

The summer selloff of Cannabis stocks has created a strong opportunity for investors in the bargain range. This stock trades for less than a dollar today, making it an excellent pick for alternative investors who can handle some portfolio risk.

Key Data:

  • 1 Year Price Growth: -77.64%
  • YTD Price Growth: -57.40%
  • 3 Month Price Growth: -70.12%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.