We wanted to take a few minutes to introduce you to Life Style Delivery Systems and The Green Organic Dutchman, these two companies recently just announced a financing last week and from our past experience, they will be oversubscribed very shortly. We at Invest In MJ was able to speak with the company and they are willing to reserve a block of shares for IMJ readers, in the past you may have reached out to us asking about investing early in great companies and we think you should consider these two.
Life Style Delivery Systems is already a publicly traded company in Canada (CSE:LDS) and they have a very interesting technology for delivery options of medial and recreational cannabis. The company’s subsidiary is based in California and have permits to cultivate, extract, produce and manufacture marijuana products for sale in California, the biggest market in the US. We think the company has a unique patented product that should do extremely well and generate tremendous shareholder value. We have include a brief overview of the company including contacts if you would like additional information about the company or the financing. What makes this a unique opportunity for Canadian investors is that the company is listed in Canada and already trading, this allows you to purchase the financing in a TSFA or RRSP account.
The Green Organic Dutchman is a Licensed Producer that is still private, but will be going public later this year. The company recently closed a $0.50 first round financing back in December which was 300% oversubscribed, they raised $13.2M at time and since then have made tremendous progress on their expansion plans. The Green Organic Dutchman just provided a shareholder update and announced a financing that comes with a full warrant. You can read the shareholder update and news about the financing by TGOD from our site.
They are led by the same advisory team who initially helped bring Organigram to market and more so recently the successful raise and IPO of Emblem (TSXV:EMC). We first introduced Emblem to our reader back in Aug 2016 when they completed their $0.75 financing round, they also raised $32m in Oct at $1.15 just before they went public. In December, Emblem went public and shortly after the stock price had risen to a high of $4.40, it currently is trading at $3.85 which is significantly higher than their financing price when we introduced it to accredited investors.
We believe this company will reward early shareholders just like Emblem did and this offering is already oversubscribed. If you have an interest in participating in the financing pre-IPO, you should let us know as soon as possible as the company is now taking expressions of interest and will close the book very quickly.
The IMJ Special Report on The Green Organic Dutchman also has some great information on how to invest alongside financing deals, strategies for non-accredited investors and a summary on the 1 billion + capital raises done in 2016. While many of our readers may not be able to participate in these financings, we encourage you to read the report as it will give you some great insight into how to participate and invest in the biggest emerging sector, the Cannabis industry.
Regards, Vin Maru, Editor of Invest In MJ