The
Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading
producer of premium certified organic cannabis, on Thursday released its
financial and operational results for the three and nine months ended September
30, 2019. The company’s filings are available for review via its SEDAR profile
at www.sedar.com. “Q3
marked TGOD’s entry into the recreational cannabis market with a small pilot in
Ontario. We were thrilled to witness such positive feedback on product quality
and packaging from retailers and consumers across the province. Based on
the initial response, demand for high-quality flower is strong and TGOD is well
positioned to capture the premium organic segment which is significantly
underserved,” TGOD CEO Brian Athaide said in the news release. “Despite the
challenging market conditions in Canada, TGOD has an opportunity to be one of
the first cash flow positive cannabis companies as early as Q2 2020. We
rightsized our production and our first hybrid greenhouse is being
commissioned, allowing us to produce at optimal levels while avoiding excess
inventory or incurring unnecessarily high operating expenses. Our first
harvest from the Ancaster hybrid greenhouse is expected in December, which will
enhance our current product line and enable TGOD’s first material revenues in
Canada in Q1 2020 which is very exciting.”
To view the full press release, visit http://ibn.fm/NhF3V
About The Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD)
(US-OTC: TGODF) is a premium, global, organic-cannabis company focused on the
health and wellness market. Its certified-organic cannabis is grown in living
soil, as nature intended. The company is committed to cultivating a better
tomorrow by producing its products responsibly, with less waste and impact on the
environment. Its two Canadian facilities are built to LEED certification
standards and its products are sold in recyclable packaging. In Canada, TGOD
plans to expand its product portfolio by launching a series of next-generation
cannabis products such as organic teas, infusers and vapes. Through its
European subsidiary, HemPoland, the company also distributes premium hemp CBD
oil in Europe. By leveraging science and technology, TGOD harnesses the power
of nature from seed to sale. 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
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