Here's What Sets AGRITEK HLDGS INC COM USD0.0001 (OTCMKTS:AGTK) Apart

AGRITEK HLDGS INC COM USD0.0001 (OTCMKTS:AGTK) is one of the companies at the forefront of the recreational and medical wave and it's one that we have highlighted on a couple of occasions in the past here at Insider Financial. Last time we looked at the company, it was trading in and around $0.02 a share and looked as though it might be in for a pretty decent 2017. Fast forward six months, however, and things have been a bit of a roller coaster ride for Agritek. AGTK Daily ChartThe company dipped to trade as low as $0.01 a share back in July, and stayed in and around the level until the middle of this month. During the last couple of weeks of August, however, Agritek looks to be making something of a comeback. The company hit $0.023 a share on August 17 and currently goes for $0.017 apiece. We're talking about pennies, but the overarching momentum is there.So where do we expect this one to be by the end of 2017? If things continue as is, Agritek could be looking at $0.05 a piece or higher.We have to qualify this statement with something, of course, so what's behind our bias?For those new to the company, Agritek is a sort of jack of all trades in the cannabis industry. The company owns or manages property in Colorado, Puerto Rico and Canada and has licenses with permitted facilities in California approved for cultivation as well as manufacturing capabilities. It also owns several Hemp and cannabis brands for distribution including MD Vapes, MicroDose Strips, Hemp Pops and California Premiums.Interestingly, and of note, it doesn't actually grow, harvest, distribute or sell any of its own cannabis products, but instead licenses out the ability to do so be that it's owned or managed facilities or with the above-mentioned brands. This adds a layer of legal risk mitigation to an exposure in Agritek – something that many of these companies don't offer a prospective investor.What's happened lately?CEO B. Michael Friedman went on Fox Business Network: New To The Street a couple of weeks back and the company announced it had raised $300,000 on the back of his appearance on the show. The money will be used to continue development at Agritek's ongoing land projects in Puerto Rico, Colorado, Canada and the company's new project in Washington state. Speaking of which, on August 30, Agritek reported that it had executed a five year operational and exclusive licensing agreement with an entity called Green Acres Pharm – a 10,000 sq. ft. licensed and operating cultivation and manufacturing facility located in Washington State. The assumption here is that this facility is the project referred to in the capital allocation section of the press release detailing the $300,000 capital injection.Also of note, and from a little earlier this month, is Agritek's announcement on August 23 that started to ship its so-called Microdose Strips, which are an alternative delivery method (sublingual) cannabis product designed for the medical market, initially in California.How does always tie together into a bullish thesis?Many of the companies in this market right now are appreciating in value based purely on their link to the space. Some have practically no operational activity. Others have some operational activity, but no real industry presence and nothing in the way of growth capital.Agritek is different. As the three operational advances above illustrate, the company is very much active in the industry and is able to raise the capital it needs to fund growth without having to dilute shareholders to too high a degree.Of course, there's no such thing as a risk-free allocation to space right now, not even close, but for us, this sets the company apart.Check out our previous coverage of this stock here. We will be updating our subscribers as soon as we know more. For the latest updates on AGTK, sign up below!Image courtesy of Luis Romero via FlickrDisclosure: We have no position in AGTK and have not been compensated for this article.