DGRI Financial Services for the Medical Marijuana
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In addition to this incredible federal news regarding the DEA being blocked, DGRI has stumbled into some great opportunities of its own, and shareholder excitement has been showing. Share prices have move from as low as $0.0005 in mid-May to $0.0022 in recent trading sessions, and the stock is still looking strong.
DGRI shareholders have a lot to look forward to, according to recent press releases. On June 20th, the company will launch their new MMJCrowdFund.com website, which will seek to match crowdsourced investors with budding cannabis sector companies. Additionally, on the 30th of June, investors are expecting to hear updates regarding the lifting of DGRI’s DTC chill, progress in moving towards becoming a current filing status company with the SEC, and a dividend announcement that is expected before the end of Q2. Time and time again, DGRI has announced expectations of revenue streams pouring in early Q3 2014. With this approaching rapidly, shareholders could quickly be rewarded as the cash flows grow. Before September 30th, the company expects to have a board of directors that meets the qualification standards for a national market listing. The company is gearing up in preparation for an uplist to a larger market tier, from all hints given.
DGRI announced on Thursday that they have been receiving many inquiries from companies seeking financing, which means that they could be able to help launch 15 companies for financing within the first year of their platform launch. They anticipate that they will be able to get each company to revenue generating phases by Q3 2014. DGRI will receive fees and possibly equity from each company that they sponsor, which will create ongoing turnkey revenue streams for the company. Needless to say, shareholders are excited by the prospect of value in Dutch Gold’s current business plan.
Dutch Gold Resources (DGRI)
Financial Services and Crowd Funding to help fund the
Medical Marijuana Industry
"Dutch Gold provides financial services to the medical marijuana sector"
Dutch Gold provides financial services, including merchant banking, merchant services and business services with a specific focus in the emerging “cannabis industry.”
We intend provide financial services to this under served business sector. For consumers we expect to provide payment mechanisms more inline with the traditional retail experience. For business in the legal marijuana sector, we intend to provide cash management alternatives through merchant services, business credit advisory services and access to capital through state-specific crowd-funding platforms
Economists, reformists, law enforcement authorities and the pro-marijuana lobby, however, have come up with a variety of estimates. Put them all together and you get a range of $10 billion to over $120 billion a year.
http://www.cnbc.com/id/36179677
On price and volume, various reports and studies conclude a typical marijuana cigarette, or joint, contains between 0.5 - 1.0 grams of the drug. The price of a gram can vary from $5-$20, or even more depending on potency and origin.
Based on this data, most demand-based studies put the market at $10-$40
billion. If a sensitivity analysis is applied to consumption and price variables (that is, testing different combinations of price and use), the market can reach as high as $100 billion (see chart). It all depends on what you believe, given the number of variables involved. Are more consumers smoking more frequently and at higher prices or less frequently at lower prices? The answer is probably somewhere in the middle.
Announces the Launch
of Crowd Funding Site to Solicit Companies that Seek Funding
Dutch Gold Resources, Inc. has announced that it will launch its
crowd-funding portal for the MMJ sector. On June 20, 2014.
The Company has identified networks of accredited investors to whom the funding candidates will be exposed. DGRI will also these featured
companies with lenders in the sector, and will facilitate subsequent
rounds of financing for successful corporate candidates. Accredited
investors who are interested in reviewing these candidates are also
invited to inquire at info@dutchgoldinc.com.
Daniel Hollis, CEO commented, "We are very excited to provide a financing platform to this exciting new industry. The capital needs as this sector grows for $2B to $8B in sales over the next four years are very significant. Our intention is to make mmjcrwodfund.com the premier platform for high-quality companies in this sector, featuring the best of the best offerings. We believe that this will serve our shareholders, generating revenue from fees and potentially equity in some of the most exciting new growth companies in the MMJ sector. DGRI is pleased to move from the concept stage to actually producing revenue
during Q2 2014."
ATLANTA, GA / ACCESSWIRE / May 29, 2014
Dutch Gold Resources, Inc. (DGRI.OTC) today announced that it has
selected a third company to add to the launch of its new website
MMJCrowdFund (dot) com on June 20, 2014 and now has only two slots remaining for the initial launch.
DGRI intends to launch the site with offerings for five companies. Two companies have already been selected; one is the beverage sector and one that provides ancillary services to the retail sector. The newest company is involved in the CBD nutraceuticals space.
Said Daniel Hollis, CEO of DGRI, "We are pleased with the response that we have seen since our press release. We are seeing companies contact us directly, and we are receiving inquiries from financial intermediaries and referral sources. It appears that we are going to be able to achieve our goal of launching fifteen companies for financing on our platform this year." Each of the sponsored companies is expected to be revenue generating during Q3 2014.
Typically DGRI will receives fees and may participate in the equity of the companies that it features on MMJCrowdFund (dot) com. Our strategy is to provide ongoing revenue from the companies that we sponsor, and to increase the value of our holdings through equity in some or all of these sponsored companies.