- Strategic planning based off of 125 years of combined experience in the beverage industry
- Significant expected growth in the beverage and cannabis industry as the two join forces
- Multi-phase product to create a distribution platform for domestic and international markets
- Creating a sustainable and successful future that provides quality product worldwide
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF), a company that produces farm-grown, high quality organic medical cannabis using organic craft growing principles, has announced a global strategic launch into the beverage industry. The company’s senior management has over 125 years of combined experience in the beverage industry, with international soft drink and beverage alcohol companies in Canada and the United States. They plan to put this experience to work in creating a strategic path into the cannabis beverage market (http://nnw.fm/1fkcN).
Currently, the global beverage industry represents over $1 trillion in sales, according to industry-leading research firm Brightfield Group, and the hemp and CBD category is expected to reach $1 billion by 2020 in the United States. With the beverage industry already accounting for 11 percent of the edible market, the expansion into cannabinoid-infused beverages, such as CBD iced teas, juices and sports drinks, is expected to significantly grow the industry. The company plans to create unique, healthy, organic products for the recreational and medicinal markets while utilizing its expertise through direct investment, joint venture and other strategically suitable opportunities to meet this growing demand. TGOD’s global strategy is twofold. The company will create industry-leading branded products and supply global beverage brands with organic base ingredients. To meet demand and increase product offerings in anticipation of Canada’s legalization of sales to recreational users, TGOD expects to bring its total cannabis production levels to 116,000 kg.
The company is currently developing a 40,000-square-foot state-of-the-art research and development space that includes product development and pilot manufacturing for the beverage industry. This facility is part of a multiple phase project that will foster a first-of-its-kind collaborative environment for joint ventures and partnerships and will become a distribution platform for domestic and international markets in the cannabinoid infused beverage industry. This is part of a multi-phased project located on a 72-acre property in Salaberry-de-Valleyfield, Quebec. The Valleyfield property will feature hybrid facilities with state-of-the-art climate-controlled environment paired with cutting edge automatization technology, including separate zones with independent air handling and environmental systems providing TGOD with optimal growing conditions to produce consistent, high quality organic and pesticide-free cannabis.
TGOD is unique in its approach to the industry. By growing organically (one of only three out of 100+ growers in Canada that does so) and at low costs, the company is creating a product that demands a premium in the market. TGOD has an alliance partnership with Eaton Corp., the second largest power management company in the world that is striving to become a leader in cannabis growing power management and lighting and is doing so by providing TGOD with research and optimization. Through the combined partnerships with Eaton and Ledcor, and operating in power-conscious jurisdictions, the company is positioned to be one of the lowest cost producers in the country. Through strategic partnerships and planning, TGOD is focused on creating a sustainable and successful future that provides quality product worldwide.
For more information, visit the company’s website at www.TGOD.ca
More from NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com