Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced its strategic investment in the newly-formed Califormulations LLC. Per the update, Califormulations will operate out of Columbus, Georgia, serving global branded companies with concept-to-shelf beverage commercialization support, including formulation development, technical services, in-house pilot scale production and contract manufacturing co-ordination. TGOD is expected to work with Califormulations to expedite the U.S. launch of TGOD-branded organic hemp-based CBD beverages, as permitted by local regulations. “We are incredibly excited to partner with Califormulations to further our development of hemp-based CBD beverage products,” Brian Athaide, CEO of TGOD, stated in the news release. “With the US market for functional beverages, including wellness, energy and sport recovery, currently worth over USD$20 billion, we want to remain on the cutting edge of innovation and establish the foundation for future proprietary and novel TGOD-branded products.”
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About The Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman Holdings 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. TGODF also has organic hemp CBD oil operations in Canada and, through its wholly owned subsidiary HemPoland, distributes premium hemp CBD oil in the EU. The company grows high-quality, organic cannabis with sustainable, all-natural principles. TGODF’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGODF has a planned capacity of 219,000 kgs and is building 1,643,600 square feet of cultivation and processing facilities across Ontario, Quebec, Jamaica and Denmark. For more information, visit the company’s website at www.TGOD.ca
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