The Globe and Mail reports in its Monday, Feb. 26, edition that another Canadian cannabis grower is seeking to go public in what will be a test of investor appetite for marijuana stocks after weeks of high volatility. The Globe's Christina Pellegrini writes that an initial public offering, led by Canaccord Genuity Group, for The Green Organic Dutchman Holdings aims to list on the Toronto Stock Exchange in March. It operates a small production facility near Hamilton and holds one of 90 licences in this country -- and one of 48 in Ontario -- that have been issued by Health Canada to cultivate pot plants for medical use. The IPO filing comes months ahead of Ottawa's legalization of the drug for recreational use. Investors have been trading pot stocks at a dizzying pace in anticipation of rapid growth in revenue and profitability, pushing up valuations amid wild swings in share prices. The choppy market conditions have made it more difficult for cannabis firms to price stock sales and size up potential acquisitions. Nearly all of the three dozen public cannabis stocks tracked by investment firm Echelon Wealth have tumbled over the month ended Feb. 22, plunging by an average of 24 per cent.