NetworkNewsBreaks – The Green Organic Dutchman H
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Posted On: 02/22/2019 3:44:02 PM
NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Issues Update on Jamaican Operations
Cannabis-focused research and development company the Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today provided a detailed update regarding its Jamaican partner Epican Medicinals Ltd., a fully integrated cannabis company with cultivation, extraction, manufacturing and retail distribution licenses. TGODF acquire a 49.18% interest in Epican in June 2018 and has seen substantial progress toward expanding cultivation, opening additional retail dispensaries, and creating a leadership position in Jamaica’s medical cannabis market. Among other highlights from the update, the company reported that it has accelerated productive capacity while building inventory in preparation of its planned retail expansion. It has secured locations in Montego Bay and Negril for the strategic second and third retail locations. The Montego Bay retail location is complete and ready to open upon authorization from the Cannabis Licensing Authority. Added locations, including Negril, are planned for 2019 and 2020. “We have made incredible progress in Jamaica over the past 8 months,” TGODF Director and CEO Brian Athaide stated in the news release. “We plan to continue opening stores throughout the country, increasing productive capacity, and expanding our leadership in Jamaica. As Trelawny comes online in phases, we will accelerate production to meet growing demand within Jamaica and export product through TGOD’s distribution channels in Mexico and beyond.”
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 provided a detailed update regarding its Jamaican partner Epican Medicinals Ltd., a fully integrated cannabis company with cultivation, extraction, manufacturing and retail distribution licenses. TGODF acquire a 49.18% interest in Epican in June 2018 and has seen substantial progress toward expanding cultivation, opening additional retail dispensaries, and creating a leadership position in Jamaica’s medical cannabis market. Among other highlights from the update, the company reported that it has accelerated productive capacity while building inventory in preparation of its planned retail expansion. It has secured locations in Montego Bay and Negril for the strategic second and third retail locations. The Montego Bay retail location is complete and ready to open upon authorization from the Cannabis Licensing Authority. Added locations, including Negril, are planned for 2019 and 2020. “We have made incredible progress in Jamaica over the past 8 months,” TGODF Director and CEO Brian Athaide stated in the news release. “We plan to continue opening stores throughout the country, increasing productive capacity, and expanding our leadership in Jamaica. As Trelawny comes online in phases, we will accelerate production to meet growing demand within Jamaica and export product through TGOD’s distribution channels in Mexico and beyond.”
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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