Monday, March 30, 2020

QualityStocksNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Receipt of Health Canada License Amendment for Ancaster Processing Facility

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced its receipt of Health Canada’s approval for the licensing of the final component of its Ancaster site, the processing facility. According to the update, the license amendment includes approval of a state-of-the-art production facility designed to support processing activity that includes dedicated spaces for packaging of flower, oils, pre-rolls, and several Cannabis 2.0 products. “Receiving this license amendment was a key element of our 2020 operating plan.  We made significant investments in this state-of-the-art facility, and now that it is fully licensed, Ancaster can finalize the ramp up of its production capacity,” TGOD CEO Brian Athaide said in the news release.  “The processing facility reduces our reliance on third parties for packaging, secured storage, and for our next wave of 2.0 product launches.  Beyond the successful launch of our TGOD Infusers, we are planning to launch a series of differentiated consumer packaged goods, including organic teas and vapes in Q2, as well as edibles, beverages and topicals later this year.”
To view the full press release, visit http://ibn.fm/11YOc
About The Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US‐OTC: TGODF) is a premium certified organic cannabis company focused on the health and wellness market.  Its certified‐organic cannabis is grown in living soil, as nature intended.  The Company is committed to cultivating a better tomorrow by producing its products responsibly, with less waste and impact on the environment. Its two Canadian facilities are being built to LEED certification standards and its products are sold in recyclable packaging.  In Canada, TGOD plans to expand its product portfolio by launching a series of next‐generation cannabis products such as organic teas, infusers and vapes.  Through its European subsidiary, HemPoland, the Company also distributes premium hemp CBD oil and CBD-infused topicals in Europe. By leveraging science and technology, TGOD harnesses the power of nature from seed to sale.
TGOD’s Common Shares and warrants issued under the indentures dated November 1, 2017 and December 19, 2019 trade on the TSX under the symbol “TGOD”, “TGOD.WT” and “TGOD.WS”, respectively. For more information on The Green Organic Dutchman Holdings Ltd., please visit www.TGOD.ca.
NOTE TO INVESTORS: The latest news and updates relating to TGODF are available in the company’s newsroom at http://ibn.fm/TGODF
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