Cannabis-focused research and development company The Green
Organic Dutchman Holdings (TSX: TGOD) (OTC: TGODF) this morning announced the
appointment of Geoff Riggs as Chief Information Officer. Riggs will help guide
the company’s direction on information technology, e-commerce and artificial
intelligence strategies to support TGOD’s domestic and global expansion. By
utilizing big-data mining and predictive analytics, TGOD intends to optimize
all aspects of the company, including product sales forecasting, integrated
greenhouse operations, consumer engagement and the development of intellectual
property to create an artificial intelligence decision support system for the
global cannabis industry. “All modern industries are data driven and the
cannabis industry, with its global market, nascent supply chain and disruptive
characteristics, will be no exception,” TGOD CEO Brian Athaide stated in the
news release. “An integrated, real-time business intelligence capability,
combined with artificial intelligence capabilities that can anticipate and
adapt to industry dynamics will enhance TGOD’s ability to dominate the organic
market segment, rationalize investments and maintain competitive
differentiation. We look forward to having Mr. Riggs join our team.”
To view the full press release, visit http://ibn.fm/yC8oR
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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