Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTC: TGODF) this morning issued a letter to shareholders detailing the company’s vision under its new CEO, Brian Athaide. Among other highlights, the release discussed the company’s recent activities including the company’s retail first approach, strategic hires, expansion, exclusive licensing deals, entrance into international markets and TGOD’s organic differentiation. As an organic cannabis brand, the company remains committed to sustainability and reducing its carbon footprint by developing some of the most advanced, automated hybrid facilities in existence, helping produce the highest quality cannabis for the lowest cost. Per the update, the company intends to leverage its experience to secure partnerships, joint ventures, and licensing arrangements with companies across various industries in the United States and international markets.
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About the Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman Holdings Ltd. 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 170,000 kg of cultivation facilities in Ontario and Quebec and Jamaica. 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$315 million dollars and has over 20,000 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. For more information, visit the company’s website at www.TGOD.ca
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