Owing to recent surges in the price of its Canadian-listed shares, The Green Organic Dutchman’s (TSX: TGOD) (OTCQX: TGODF) market cap recently exceeded $2 billion. Following shortly after the company’s May 2018 initial public offering (“IPO”), this milestone positions TGOD among some of the burgeoning cannabis industry’s most familiar names, including Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) and TGOD investor Aurora Cannabis (TSX: ACB) (OTCQX: ACBFF). In addition, TGOD recently launched a premium, certified organic cannabis brand. The company’s timely launch lines up with Canadian Organic Week, an annual celebration of organic food, farming and products across the country.
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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 170,000 kg and is building 1,382,000 sq. ft. of cultivation facilities in Ontario, Quebec and Jamaica. 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. In addition, the Company has raised approximately C$350 million and has over 20,000 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. For more information, visit the company’s website at www.TGOD.ca
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