- The Green Organic Dutchman’s focus is on being the market’s foremost global organic cannabis brand
- The company recently launched a worldwide strategic hemp division
- TGOD aims to provide a suite of premium consumer-preferred products
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is a premium cannabis company that grows high-quality, organic cannabis with sustainable, all-natural principles. Established in 2012, TGOD focuses on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, along with the Canadian adult-use market. TGOD’s senior management team has wide-ranging experience in executive and operational activities specific to CPG (consumer packaged goods), consumer products, and the cannabis and finance industries.
TGOD’s products are laboratory tested to ensure that patients have access to a standardized, safe and consistent product. Headquartered in Mississauga, Ontario, TGOD has a planned capacity of 219,000 kg and is building 1,643,600 square feet of cultivation and processing facilities across the Canadian provinces of Ontario and Quebec, as well as in Jamaica and Denmark.
Recently, TGOD launched a global strategic hemp division, through which it plans to expand into the worldwide organic hemp market in a significant way. The company previously entered the flourishing European hemp market via joint ventures, along with its 2018 acquisition of HemPoland, a company with extensive experience in the European CBD (cannabidiol) market (http://cnw.fm/W4UZa). TGOD itself has considerable experience from which to significantly ramp up expansion plans. The company’s global strategic hemp division will work to expand into territories in Canada, Jamaica, Poland, Mexico and the United States. TGOD’s stock rose after the announcement of the company’s new division.
HemPoland has vast experience in cultivating and processing EU-registered hemp varieties that are similar to those now allowed for cultivation in Canada. HemPoland’s revenue for Q1 increased by almost 30 percent quarter over quarter as demand for high-quality hemp CBD products in Europe gained momentum (http://cnw.fm/hMJ5A). TGOD’s global strategic hemp division will be tasked with providing genetics, training on organic methods and standard operating procedures, and regulatory insights and other advisory support to the company’s global partners.
“With the global CBD market expected to hit $22 billion in less than three years, it is clear that the segment is drawing substantial consumer demand,” TGOD CEO Brian Athaide stated in a news release. “Our team has years of direct hands-on experience in the CBD space, and we are excited to use this advantage to execute on a fast-moving market expansion strategy. CBD is a wellness product and has a natural fit with TGOD’s certified organic positioning and the large segment of consumers who are increasingly demanding natural and organic products.”
In addition, TGOD has partnered with Eaton Corp., a global power-management company that is providing research and optimization. This partnership will allow TGOD to have some of the lowest electricity input costs in the business. TGOD also has a partnership with Canada’s second-largest construction management company, Ledcor.
TGOD has a facility in Ancaster, Ontario, with a funded expansion of 166,000 square feet capable of producing 17,500 kg of high-quality organic cannabis annually. Plans also include a 20,000-square-foot enclosed facility, which will add 2,000 kg of capacity to the company’s projected output. In addition, TGOD has more than 1.4 million square feet planned internationally (http://cnw.fm/2BV7w). Furthermore, the expectation is that the company’s strategic beverage division will be an organic R&D center for novel and proprietary cannabinoid-infused beverages, advanced products, advanced-product development and pilot manufacturing.
Growing to scale with logistical and infrastructure controls, TGOD represents a compelling investment opportunity for investors wanting a position in the premium organic cannabis market. The company continues to focus on creating novel and proprietary strains and differentiated products. TGOD is actively pursuing its mission to provide organic cannabis solutions to enhance people’s lives.
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://cnw.fm/TGODF
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