The battle with possible resistance – and potential bullish breakout trigger – at the 50-day moving average in Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) is now underway. And the outcome in terms of the tone of the tape over coming days may decide much for how this stock trades during the first half of 2019. To further flesh out the narrative right now, the company just announced the appointment of Dr. Rav Kumar, PhD as its Chief Science Officer.

According to the release, “Dr. Kumar will lead The Green Organic Dutchman’s Science & Innovation Division and oversee all aspects of science-related initiatives including TGOD’s science portfolio encompassing advanced and innovative global product lines for patients and consumers. Dr. Kumar will help drive innovation from concept to commercialization at the Company.”

Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) is a research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis.

The Company carries out its principal activities producing cannabis from its facilities in Ancaster, Ont., pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada) and its regulations.

The company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded capacity of 116,000 kg and is building 970,000 sq. ft. of cultivation facilities in Ontario and Quebec.

The company has developed a strategic partnership with Aurora Cannabis Inc. (TSX:ACB) whereby Aurora has invested approximately C$78.1 million for an approximate 17.5% stake in TGOD. In addition, the Company has raised approximately C$290 million dollars and has over 5,000 shareholders. TGOD’s Common Shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the symbol “TGOD” and “TGOD.WT”, respectively.

According to company materials, “The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) is a publicly traded, premium global organic cannabis company, with operations focused on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market. The Company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded capacity of 170,000 kgs and is building 1,382,000 sq. ft. of cultivation facilities across Ontario, Quebec and Jamaica.”

As noted above, TGODF just announced the appointment of Dr. Rav Kumar, PhD as the company’s Chief Science Officer.

Traders will note 15% tacked on to share pricing for the listing in the past month. Moreover, the company has seen interest climb, with an increase in recent trading volume of 20% above the average volume levels in play in this stock over the longer term.

“We are incredibly excited to welcome Dr. Kumar to TGOD. He is a proven and seasoned senior executive with extensive international pharmaceutical experience in developing innovative and novel products with some of the world’s largest pharmaceutical companies,” stated Brian Athaide, CEO and Director of TGOD.

“We believe Dr. Kumar, combined with our recent additions of Dr. MacCallum and Jacques Dessureault, establishes a strong foundation for our science and medical team and will provide leadership in global organic cannabis to drive premium innovative solutions for both patients and consumers,” continued Athaide.