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://cnw.fm/rG5Op
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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