NEW YORK, Aug. 29, 2018 (GLOBE NEWSWIRE) -- via NetworkNewsAudio -- NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) Solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community, today announces the online availability of its interview with The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF), a client of NNW and research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis.
The interview can be heard at http://nnw.fm/I4q8y
| NNW’s Stuart Smith introduces Brian Athaide, CEO of TGOD, to an interview that highlights the company’s innovative business model and strategic expansion plans within the legal cannabis industry. Athaide first provides an overview of TGOD, which provides a different business model than any other company in the cannabis space. It is a vertically integrated certified organic cannabis brand with both a domestic Canadian and international footprint. The company is one of two in its market focused on organic cannabis (with significantly higher production potential than its competitor) and premium quality products that are grown in real living soil (unlike others grown in rock wall) and free from synthetic fertilizers and chemical pesticides. The company is engaged in production through purpose built high-technology greenhouses, Athaide says, explaining that the company is “really taking the best technology out there and cultural areas and, for the first time, putting them together to grow cannabis in a very high-tech, clean, pharma-like environment.” Fully-funded with one of the largest R&D budgets focused on plant genetics and optimizing consumer efficacy, TGOD intends to become a branded consumer goods company established as “the Whole Foods for the cannabis industry.” Well on its way, the company has partnered with Aurora Larssen Projects Inc. (ALPS), which recently built an 800,000-sq.-ft facility outside of Edmonton and is now assisting TGOD in construction of its 1 million-sq.-ft facility. Aurora Cannabis (ACB.TO) (ACBFF), one of the world’s most innovative cannabis companies, has invested more than $78 million into TGOD, validating its distinguished organic strategy, R&D, beverage divisions, management team and international expansion plans. To date, TGOD has completed several accomplishments, including raising more than $350 million in funding, integrating nearly 49 percent ownership in a Jamaican company with full seed-to-sale capabilities and moving forward with the building of its 1-million-sq.-ft. production facility. In addition, it is working on distribution agreements throughout Latin America and Europe to leverage TGOD’s 170,000 kilo production potential to ensure capturing the highest margins. With a strong strategic plan in place, widening legalization and pending expansions of its infrastructure both domestically and internationally, Athaide says TGOD is looking forward to taking its dynamic business model to the next level, pursuing opportunities for continued expansion, diversity and growth, whether they involve partnerships, joint ventures, acquisitions or the latest in disruptive technologies. |
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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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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