Cannabis-focused research and development company the Green
Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today provided a detailed
update regarding its Jamaican partner Epican Medicinals Ltd., a fully
integrated cannabis company with cultivation, extraction, manufacturing and
retail distribution licenses. TGODF acquire a 49.18% interest in Epican in June
2018 and has seen substantial progress toward expanding cultivation, opening additional
retail dispensaries, and creating a leadership position in Jamaica’s medical
cannabis market. Among other highlights from the update, the company reported
that it has accelerated productive capacity while building inventory in
preparation of its planned retail expansion. It has secured locations in
Montego Bay and Negril for the strategic second and third retail locations. The
Montego Bay retail location is complete and ready to open upon authorization
from the Cannabis Licensing Authority. Added locations, including Negril, are
planned for 2019 and 2020. “We have made incredible progress in Jamaica over
the past 8 months,” TGODF Director and CEO Brian Athaide stated in the news
release. “We plan to continue opening stores throughout the country, increasing
productive capacity, and expanding our leadership in Jamaica. As Trelawny comes
online in phases, we will accelerate production to meet growing demand within
Jamaica and export product through TGOD’s distribution channels in Mexico and
beyond.”
To view the full press release, visit http://ibn.fm/aCBN1
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. 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 planned global 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.
About MissionIRNewsBreaks
MissionIRNewsBreaks provide
a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by
our Team of professional journalists that keep a constant eye on the markets,
these posts are designed to inform you on the latest happenings of our clients
and other publicly traded companies on our radar. From earnings, acquisitions
and agreements to conference attendance and clinical study results, our news
breaks keep you up-to-date with the day’s top movers. MissionIR is primarily
focused on strategic communications. We have executed countless communications
programs to address the needs of companies ranging from start-ups to
established industry leaders, gaining valuable experience and the expertise
necessary to determine the most effective strategy for any given situation.
Please see full terms of use and disclaimers on the Mission
Investor Relations website applicable to all content provided by MIR, wherever
published or re-published: http://www.missionir.com/disclaimer.html
