- The Green Organic Dutchman launched its premier organic cannabis brand on September 12
- Studies show that Canadian consumers prefer organic cannabis
- TGOD’s goal is to become the largest organic cannabis brand in the world
- Partnership with Aurora Cannabis has resulted in a nearly fivefold return on Aurora’s initial investment thus far
Coinciding with Canadian Organic Week, Canada’s biggest annual celebration of organic food, farming and products, The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) announced the launch of its premium, certified organic cannabis brand on September 12. This marks a significant step toward TGOD’s goal of becoming the world’s largest organic cannabis brand.
The Green Organic Dutchman is a research and development company that is a licensed medical cannabis cultivator under Canada’s Access to Cannabis for Medical Purposes Regulations (ACMPR). The very highest standards for organic cultivation are employed by TGOD, with the company growing its cannabis naturally in Canadian soil without using synthetic pesticides, herbicides or fertilizers. Out of Canada’s 116 ACMPR-licensed cannabis producers, TGOD is one of only two that are certified organic. The cannabis produced by TGOD is also never irradiated—a factor that helps the company provide rich, fragrant, all-natural terpene profiles. TGOD further produces cannabis oils using a super-critical CO2 extraction process that is free of harmful additives and solvents.
As part of its organic cannabis brand launch, the company will choose 200 beta patients to try its products in January 2019. These beta patients will be selected through TGOD’s Founder’s Club enrollment program (www.TGOD.ca/Patients).
Studies have found that Canadian cannabis consumers prefer organically-certified marijuana, valuing its safety, medical effectiveness and natural terpene profiles. Providing superior products that are certified organic fits TGOD’s mission of “Making Life Better.” Along with delivering a premium cannabis experience, the company aims to be an industry leader when it comes to sustainability and environmental standards, demonstrating respect for the land in every part of its production process. The company is building all of its facilities to GMP standards and will operate the largest LEED-certified facility in the world, adhering to the standards of this internationally recognized green building certification system.
TGOD continues to provide top-quality products for medical cannabis customers and, soon, will also provide products for recreational users in Canada, once that country’s nationwide recreational cannabis legalization goes into effect in October.
TGOD also recently announced (http://nnw.fm/S9PlQ) that it has agreed with Aurora Cannabis Inc. (TSX: ACB) to extend Aurora’s exercise deadline of its first milestone option under the TGOD Aurora Investor Rights Agreement. This first milestone option entitles Aurora to acquire an additional eight percent of TGOD’s common shares. The agreed-upon extension has moved the milestone option expiration date to October 12.
The partnership with Aurora has been very beneficial for both companies, and Aurora’s initial investment has increased almost fivefold. The Aurora team’s assistance, in turn, has helped TGOD accelerate its progress across all divisions.
For more information, visit the company’s website at www.TGOD.ca
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