- Organically grown high-THC Sativa flower
- Responds to accelerating demand for organic cannabis with
over a quarter of Canadian cannabis consumers increasingly
interested in organic due to COVID-19*
- Available in Alberta,
Saskatchewan, Manitoba, Ontario, Quebec, and Newfoundland
TORONTO, Jan. 14, 2021 /PRNewswire/ - The
Green Organic Dutchman Holdings Ltd. ("TGOD" or the "Company")
(TSX: TGOD) (US: TGODF), a leading producer of premium certified
organically grown cannabis, is pleased to announce the launch of
Amsterdam Sativa under its mainstream brand, Highly Dutch.
Offered in three different formats, 3.5g, 15g, and 28g, Amsterdam
Sativa will be available in Alberta, Saskatchewan, Manitoba, Ontario, Quebec, and Newfoundland.
Amsterdam Sativa has a high potency with a THC level of 17% –
20%. It is organically grown and expertly cured in order to
maintain a balanced humidity level to protect the integrity of its
terpenes and trichomes. It also features sweet floral
flavours with punchy aromas. The buds included in Amsterdam
Sativa are carefully selected based on quality to deliver a
consistent potency and unique experience in every batch.
The Highly Dutch brand was introduced in May 2020 in response to the growing demand for
organic cannabis products across Canada. According to a
survey* conducted by IPSOS, over a quarter of Canadian
cannabis consumers are now more interested in organic products
compared to prior to the pandemic; a trend already identified in
previous research that is poised to continue to accelerate as
consumers become increasingly aware of the differences between
organic and non-organic products.
"Offering both a premium and mainstream brand has allowed us to
significantly boost our market penetration. In conjunction
with the increased interest in organic products witnessed over the
last 9 months*, Highly Dutch is poised for continued growth as we
expand its product lineup and distribution," commented Sean Bovingdon, TGOD's Chief Financial Officer
and Interim Chief Executive Officer. "We also have ambitious
plans for our TGOD premium brand with additional product launches
The first product launched under the Highly Dutch brand was
Rotterdam Indica, a high-THC flower now available in Alberta, Saskatchewan, Manitoba, Ontario, Quebec, and Newfoundland. Recently
Highly Dutch added Organic Afghan Black, a high-quality hash which
is now available in British
Quebec, and Newfoundland.
Sales of Highly Dutch products have been growing at a rapid pace
with over 107,000 units shipped during the fourth quarter.
*The national survey was conducted by IPSOS between September 28 and October 1, 2020, and
questions related to organic products were only asked to
participants who indicated that they were already using or intended
to purchase cannabis products in the near future.
About The Green Organic Dutchman Holdings Ltd.
Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US–OTC:
TGODF) is a premium certified organically grown cannabis company
focused on the health and wellness market. Its organic
cannabis is cultivated 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 hash, vapes, organic teas and dissolvable
powders. 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, December 19,
2019, June 12, 2020,
October 23, 2020 and December 10, 2020 trade on the TSX under the
symbol "TGOD", "TGOD.WT", "TGOD.WS", "TGOD.WR", "TGOD.WA", and
"TGOD.WB" respectively, and TGODF trades in the US on the OTCQX.
For more information on The Green Organic Dutchman Holdings Ltd.,
please visit www.tgod.ca.
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 include,
but are not limited to, statements about future product launches,
statements about the potency of specific cannabis strains,
statements about the availability of specific products and
statements about the future demand for organic products.
Forward–looking statements are frequently characterized by words
such as "plan", "continue", "expect", "project", "intend",
"should", "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 (including market
conditions) and other factors that could cause actual events or
results to differ materially from those projected in the
forward–looking statements, including those risk factors described
in the Company's most recently filed Annual Information Form
available on SEDAR. 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 the TSX nor the TSX's Regulation Services Provider (as
that term is defined in the policies of Toronto Stock Exchange)
accept responsibility for the adequacy or accuracy of this
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SOURCE The Green Organic Dutchman Holdings Ltd.