The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF),
a leading producer of premium, certified-organic cannabis, on Tuesday announced
its financial results for the first quarter of 2020 ended March 31, 2020. Among
the highlights, the company reported a 27% year-over-year increase in revenue
to $3.06 million and indicated that it is on track to reach its operational
cash flow positive milestone. “I am proud of the resilience demonstrated by
everyone on the team in the face of the global pandemic. With safety as our top
priority, we have quickly adapted our processes, allowing our operations to
continue running smoothly and uninterrupted to ensure that we meet the needs of
our patients and consumers,” TGOD CEO Brian Athaide said in the news release.
“I am also satisfied with the progress we have made on bringing innovative new
products to market and expanding distribution. TGOD remains on track to
becoming operational cash flow positive later this year.”
To view the full press release, visit http://ibn.fm/IaPFD
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 have been built to LEED
certification standards and its products are sold in recyclable packaging. In
Canada, TGOD sells dried flower and oil, and recently launched 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. For more
information, visit the company’s website at 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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