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NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) Enters Exclusive License Agreement with CBx Enterprises

Company: The Green Organic Dutchman Holdings Ltd. (TGOD)
Category: News

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) today announced that it has entered into an exclusive license agreement with CBx Enterprises LLC to license Evolab and CBx Sciences brands and proprietary technologies and formulations in Canada and other areas outside of the USA. TGOD’s product and technology portfolio will be directly increased by the licensing arrangement. “This licensing partnership for industry leading technologies and formulations will further allow TGOD to execute on its plans of offering novel and safer delivery methods of both non-psychoactive and psychoactive cannabinoids to patients and consumers around the globe,” Rob Anderson, Co-Chairman and CEO of TGOD stated in the news release. “The team at CBx has vast experience in researching and commercializing new and novel consumer products and cannabinoids, and we are excited to be able to offer a platform to take their cutting-edge technologies and advanced formulations worldwide using TGOD’s premium organic ingredients under TGOD’s own brand names.”

To view the full press release, visit http://nnw.fm/U6yO6

About the Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) 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, Ontario, 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 116,000 kg and is building 970,000 sq. ft. of cultivation facilities in Ontario and Quebec. For more information, visit the company’s website at www.TGOD.ca.

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