- The
Green Organic Dutchman launched its premier organic cannabis brand on
September 12
- Studies
show that Canadian consumers prefer organic cannabis
- TGOD’s
goal is to become the largest organic cannabis brand in the world
- Partnership
with Aurora Cannabis has resulted in a nearly fivefold return on Aurora’s
initial investment thus far
Coinciding with Canadian Organic Week, Canada’s biggest
annual celebration of organic food, farming and products, The Green Organic
Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) announced the launch of its
premium, certified organic cannabis brand on September 12. This marks a
significant step toward TGOD’s goal of becoming the world’s largest organic
cannabis brand.
The Green Organic Dutchman is a research and development
company that is a licensed medical cannabis cultivator under Canada’s Access to
Cannabis for Medical Purposes Regulations (ACMPR). The very highest standards
for organic cultivation are employed by TGOD, with the company growing its
cannabis naturally in Canadian soil without using synthetic pesticides,
herbicides or fertilizers. Out of Canada’s 116 ACMPR-licensed cannabis
producers, TGOD is one of only two that are certified organic. The cannabis
produced by TGOD is also never irradiated—a factor that helps the company
provide rich, fragrant, all-natural terpene profiles. TGOD further produces
cannabis oils using a super-critical CO2 extraction process that is free of
harmful additives and solvents.
As part of its organic cannabis brand launch, the company
will choose 200 beta patients to try its products in January 2019. These beta
patients will be selected through TGOD’s Founder’s Club enrollment program (www.TGOD.ca/Patients).
Studies have found that Canadian cannabis consumers prefer
organically-certified marijuana, valuing its safety, medical effectiveness and
natural terpene profiles. Providing superior products that are certified
organic fits TGOD’s mission of “Making Life Better.” Along with delivering a
premium cannabis experience, the company aims to be an industry leader when it
comes to sustainability and environmental standards, demonstrating respect for
the land in every part of its production process. The company is building all
of its facilities to GMP standards and will operate the largest LEED-certified
facility in the world, adhering to the standards of this internationally
recognized green building certification system.
TGOD continues to provide top-quality products for medical
cannabis customers and, soon, will also provide products for recreational users
in Canada, once that country’s nationwide recreational cannabis legalization
goes into effect in October.
TGOD also recently announced (http://ibn.fm/FoBOd) that it has agreed with Aurora
Cannabis Inc. (TSX: ACB) to extend Aurora’s exercise deadline of its first
milestone option under the TGOD Aurora Investor Rights Agreement. This
first milestone option entitles Aurora to acquire an additional eight percent
of TGOD’s common shares. The agreed-upon extension has moved the milestone
option expiration date to October 12.
The partnership with Aurora has been very beneficial for
both companies, and Aurora’s initial investment has increased almost fivefold.
The Aurora team’s assistance, in turn, has helped TGOD accelerate its progress
across all divisions.
For more information, visit the company’s website at www.TGOD.ca
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