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The Green Organic Dutchman Holdings Ltd

Green Organic Dutchman executes first shipment to the Ontario Cannabis Store as it enters recreational market

CEO Brian Athaide said the company was continuing to expand its distribution network as it ramped up production in the months ahead

Green Organic Dutchman executes first shipment to Ontario Cannabis Store as it enters Canada's recreational market
TGOD has a vision of becoming the world's leading brand for premium certified organic cannabis in both medical and recreational segments

The Green Organic Dutchman Holdings Ltd (TSE:TGOD) (OTCMKTS:TGODF) said Friday that it has completed its first shipment to the Ontario Cannabis Store, marking the company's push into Canada's recreational market.

In a statement, the company which is well-known for its high-quality organic medical cannabis said Ontario consumers will soon be able to experience the company’s high THC signature Unite Organic dried flower, which will be available on www.ocs.ca as well as at select retail locations across the province.

"Launched earlier this year with our Grower's Circle, Unite Organic was highly praised by medical patients. Our small pilot confirmed that market demand for premium certified organic cannabis exceeds available supply," said TGOD CEO Brian Athaide in a statement.

READ: High-flying cannabis firm The Green Organic Dutchman applies for Nasdaq listing

"Today's milestone gets us one step closer to achieving our vision of becoming the world's leading brand for premium certified organic cannabis in both medical and recreational segments.” 

Athaide also pointed out that the company was continuing to expand its distribution network as it ramped up production in the months ahead.

TGOD's cannabis is grown in living soil without the use of synthetic pesticides, herbicides or fertilizers. The cannabis is not subject to irradiation, a process that can extend the shelf life of foods by reducing the number of microorganisms that cause spoilage, but can also affect the terpene profile of the cannabis. Terpenes refer to the aromatic organic compounds in the plant responsible for scent and flavor.

A 2018 Hill & Knowlton research study found that 57% of Canadian medical cannabis consumers and 43% of recreational cannabis consumers prefer organic cannabis.

TGOD extracts the cannabis oils found in its products using carbon dioxide, a process that doesn’t involve solvents or additives that can be harmful to the environment. TGOD is certified organic by Pro-Cert and its growing process is certified organic by ECOCERT Canada. Pro-Cert and ECOCERT are two of North America’s most recognized organic certification bodies.

Contact Uttara Choudhury at [email protected]

Follow her on Twitter: @UttaraProactive 

Quick facts: The Green Organic Dutchman Holdings Ltd

Price: $2.69

Market: TSX
Market Cap: $739.57 m
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