The Green Organic Dutchman Receives Organic Certification From Internationally Recognized Ecocert Canada
May 18 2018 - 11:02AM
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER
UNITED STATES NEWS WIRE SERVICES
The Green Organic Dutchman Holdings Ltd. (the
“
Company” or “
TGOD”) (TSX:TGOD)
is pleased to announce that on May 9, 2018 its facility based in
Ancaster, Ontario received organic certification from Ecocert
Canada, an internationally recognized world-leading organization in
organic certification.
“This is another step in TGOD’s planned
expansion to be the world’s largest branded organic cannabis
company. Consumers world-wide are interested in quality products
and TGOD will continue to strive to provide the highest quality
organic product that complements the natural product preferences of
today’s consumer,” said Mr. Robert Anderson, Co-Chairman and
CEO.
Ecocert Canada provides inspection and
certification for sustainable development and works to maintain
rigorous respect of organic standards on products, systems and
services. The certification process includes validation of inputs,
production methods and preparation procedures according to Canadian
organic product regulation. Organic certification aims to guarantee
the organic integrity of products throughout the entire production
chain.
“TGOD is committed to producing only premium
quality organic cannabis products, free from any synthetic
nutrients, pesticides or herbicides. We are proud to have met the
rigorous standards for organic certification by Ecocert Canada and
are excited to offer consumers an organic product range that is
held to the highest standards,” stated Mr. David Bernard-Perron,
Vice President, Growing Operations.
On Behalf of the Board of Directors,
The Green Organic Dutchman Holdings Ltd. Robert Anderson Chief
Executive Officer and Co-Chairman
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 116,000 kg and is building 970,000
sq. ft. of cultivation facilities in Ontario and Quebec.
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. To date, the Company has raised approximately C$290
million dollars and has over 5,000 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.
CONTACT INFORMATION
Investor Relations Email: invest@tgod.ca Phone: 1 (416)
900-7621 www.tgod.ca
No securities regulatory authority has either
approved or disapproved of the contents of this news release. The
securities of TGOD have not been and will not be registered under
the United States Securities Act of 1933, as amended (the "U.S.
Securities Act") or any state securities laws. Accordingly, the
securities of TGOD may not be offered or sold within the United
States unless registered under the U.S. Securities Act and
applicable state securities laws or pursuant to exemptions from the
registration requirements of the U.S. Securities Act and applicable
state securities laws. This news release does not constitute an
offer to sell or a solicitation of an offer to buy any securities
of TGOD in any jurisdiction in which such offer, solicitation or
sale would be unlawful.
Forward-Looking Information Cautionary
Statement This news release includes statements containing
certain "forward-looking information" within the meaning of
applicable securities law ("forward-looking statements"). Forward
looking statements in this release includes, but is not limited to,
statements about the Company’s facilities, production and
extraction methods, the Company’s participation in certain product
offerings and the future performance of the Company.
Forward-looking statements are frequently characterized by words
such as "plan", "continue", "expect", "project", "intend",
"believe", "anticipate", "estimate", "may", "will", "potential",
"proposed" and other similar words, or statements that certain
events or conditions "may" or "will" occur. These statements are
only predictions. Various assumptions were used in drawing the
conclusions or making the projections contained in the
forward-looking statements throughout this news release.
Forward-looking statements are based on the opinions and estimates
of management at the date the statements are made, and are subject
to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from
those projected in the forward-looking statements. The Company is
under no obligation, and expressly disclaims any intention or
obligation, to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as expressly required by applicable law.
Neither TSX nor its Regulation Services Provider
(as that term is defined in the policies of Toronto Stock Exchange)
accept responsibility for the adequacy or accuracy of this
release.