NetworkNewsBreaks – The Green Organic Dutchman H
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Posted On: 01/29/2019 4:20:03 PM
NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) JV Partner Secures Cultivation License for Denmark Operations
Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced that its joint venture (“JV”) production partner, Knud Jepsen, has received an initial cannabis business authorization from the Danish Medicines Agency, the government body responsible for issuing cannabis related licenses. According to the update, the license will allow Kund Jepsen to begin immediate importation of starting materials and research and development related to the creation of elite cannabis genetics. Under the terms of the completed definitive agreement, Knud Jepsen will submit a request to the Danish Medicines Agency for the assignment of this license to the TGOD-Knud Jepsen Danish joint venture, which is underway with expected completion in the coming weeks. The initial license will enable importation of starting materials, the receipt, possession, cultivation and processing of cannabis, and analytical sample distribution and export to foreign labs. Upon cultivation and harvest of three confirmed and consistent crops, an additional authorization license will be granted to allow for the sale of authorized medicinal cannabis products. “Knud Jepsen is a proven leader with a track record of excellence in genetic discoveries, R&D and large-scale cultivation,” The Green Organic Dutchman Holdings Director and CEO Brian Athaide stated in the news release. “TGOD is working with Health Canada to export starting materials from Canada into Denmark and we look forward to accelerating our expansion throughout Europe.”
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 (TSX: TGOD) (OTCQX: TGODF) today announced that its joint venture (“JV”) production partner, Knud Jepsen, has received an initial cannabis business authorization from the Danish Medicines Agency, the government body responsible for issuing cannabis related licenses. According to the update, the license will allow Kund Jepsen to begin immediate importation of starting materials and research and development related to the creation of elite cannabis genetics. Under the terms of the completed definitive agreement, Knud Jepsen will submit a request to the Danish Medicines Agency for the assignment of this license to the TGOD-Knud Jepsen Danish joint venture, which is underway with expected completion in the coming weeks. The initial license will enable importation of starting materials, the receipt, possession, cultivation and processing of cannabis, and analytical sample distribution and export to foreign labs. Upon cultivation and harvest of three confirmed and consistent crops, an additional authorization license will be granted to allow for the sale of authorized medicinal cannabis products. “Knud Jepsen is a proven leader with a track record of excellence in genetic discoveries, R&D and large-scale cultivation,” The Green Organic Dutchman Holdings Director and CEO Brian Athaide stated in the news release. “TGOD is working with Health Canada to export starting materials from Canada into Denmark and we look forward to accelerating our expansion throughout Europe.”
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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