TORONTO, May 13, 2019 /CNW/ - The Green Organic Dutchman
Holdings Ltd. (TGOD) (TSX: TGOD) (US: TGODF) is pleased to
announce that its wholly owned subsidiary, HemPoland, has entered
into an agreement with Mediakos UG haftungsbeschraenkt
(Mediakos) to be the exclusive distributor of CannabiGold, its
premium hemp CBD brand, for the German pharmacy market.
Mediakos UG spun out of Aponeo.de, a leading German online
pharmacy, and is managed by a team of seasoned industry executives
with demonstrated expertise in marketing and distribution of health
and wellness products. It currently distributes a broad portfolio
of products to a network of more than 15,000 pharmacies and can
capitalize on over 10 million customers.
"With a population of over 82 million, Germany plays a pivotal role in TGOD's
international expansion strategy," commented Brian Athaide,
CEO of TGOD. "We are thrilled to be working with Mediakos'
experienced team as we continue to solidify CannabiGold's position
as a leading brand within the European market."
HemPoland's CannabiGold products are now available in pharmacies
across Germany as well as through
their respective e-commerce platforms, including Germany's ten largest online pharmacies.
"With CBD quickly gaining popularity in Germany, we are proud to be partnering with
TGOD's HemPoland as the exclusive distributor of their CannabiGold
brand for the German pharmacy market," stated Nikolas Primbas, CEO of Mediakos UG
haftungsbeschränkt. "Their recent organic certification is an
important point of differentiation which will resonate with German
consumers."
On Behalf of the Board of Directors,
The Green Organic Dutchman Holdings Ltd.
About The Green Organic Dutchman Holdings Ltd.
The
Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) is a
publicly traded, premium global organic cannabis company, with
operations focused on medical cannabis markets
in Canada, Europe, the Caribbean and Latin
America, as well as the Canadian adult-use market. TGOD also has
organic hemp CBD oil operations in Canada, and through its wholly owned
subsidiary HemPoland distributes premium hemp CBD oil in the EU.
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 planned capacity of 219,000 kgs and is building
1,643,600 sq. ft. of cultivation and processing facilities across
Ontario, Quebec, Jamaica and Denmark.
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 on The Green Organic Dutchman Holdings
Ltd., please visit www.tgod.ca.
About Mediakos
Mediakos UG haftungsbeschränkt is
a leading pharmaceutical distributor based in Germany that specializes in developing,
registering, fulfilling, marketing, and positioning health related
products and brands within the German pharmacy market. With its
vast network and solid expertise, Mediakos has strong
relationships and partnerships with some of Europe's largest online pharmacies, as
well as large distributors and wholesalers. It can capitalize on
more than 10 million customers and 15,000 pharmacies.
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 future distribution agreements, statements about
distribution of Company products in Germany, statements about the achievement of
certain certifications in connection with its facilities,
statements about the receipt of any regulatory permits or licences,
statements about the offering of any particular products by the
Company in any jurisdiction and statements regarding 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.
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SOURCE The Green Organic Dutchman Holdings Ltd.