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.”
To view the full press release, visit http://ibn.fm/qrvZW
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
NOTE TO INVESTORS: The latest news and updates
relating to TGODF are available in the company’s newsroom at http://ibn.fm/TGODF
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
