NetworkNewsBreaks – The Green Organic Dutchman H
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Posted On: 06/14/2018 6:24:30 PM
NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Begins Trading on OTCQX Best Market; Enters Strategic Partnership with Epican Medicinals Ltd.
Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) was welcomed this morning by OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, as the company has qualified to trade on the OTCQX® Best Market. The company starts trading today on OTCQX under the symbol “TGODF.”
In addition, the company this morning announced that it has entered into a strategic partnership with Epican Medicinals Ltd. The partnership will add an additional 14,000 kgs to TGOD’s organic funded capacity, bringing the total to 130,000 kgs. The companies intend to construct a 125,000 sq. ft. GMP compliant cultivation facility. Upon receiving a site license, the new facility and Epican’s primary Blue Mountain facility will cultivate high premium organic strains. Per the agreement, TGOD has entered into a binding agreement to invest into Epican for a 49.18% interest, subject to customary regulatory and TSX approvals. TGOD will also provide Epican access to its financing facilities to support future growth requirements.
“This represents the first of many strategic partnerships TGOD intends to execute in the coming months,” The Green Organic Dutchman CEO Robert Anderson stated in the news release. “Our value-added approach taken in this investment will set an international M&A framework for capital investment, transfer of knowledge, and sector expertise. We will continue to evaluate international opportunities that will assist us in executing our business plan to become the world’s largest organic cannabis brand.”
To view the full press releases, visit http://nnw.fm/V5i9z and http://nnw.fm/8iAdg
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) was welcomed this morning by OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, as the company has qualified to trade on the OTCQX® Best Market. The company starts trading today on OTCQX under the symbol “TGODF.”
In addition, the company this morning announced that it has entered into a strategic partnership with Epican Medicinals Ltd. The partnership will add an additional 14,000 kgs to TGOD’s organic funded capacity, bringing the total to 130,000 kgs. The companies intend to construct a 125,000 sq. ft. GMP compliant cultivation facility. Upon receiving a site license, the new facility and Epican’s primary Blue Mountain facility will cultivate high premium organic strains. Per the agreement, TGOD has entered into a binding agreement to invest into Epican for a 49.18% interest, subject to customary regulatory and TSX approvals. TGOD will also provide Epican access to its financing facilities to support future growth requirements.
“This represents the first of many strategic partnerships TGOD intends to execute in the coming months,” The Green Organic Dutchman CEO Robert Anderson stated in the news release. “Our value-added approach taken in this investment will set an international M&A framework for capital investment, transfer of knowledge, and sector expertise. We will continue to evaluate international opportunities that will assist us in executing our business plan to become the world’s largest organic cannabis brand.”
To view the full press releases, visit http://nnw.fm/V5i9z and http://nnw.fm/8iAdg
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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