The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Partners with Valens GroWorks, Anticipates Early Market Entry
- Multi-year extraction services agreement with Valens GroWorks Corp. expected to accelerate TGOD’s Canadian hemp strategy and market entry
- TGOD is committed to producing premium, certified organic, consumer-preferred products
- Production strategy calls for 80,000 kg of cultivation by end of 2019
Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is moving quickly to take advantage of Canada’s nascent legal cannabis market, which is expected to include CBD-infused products by October 2019. TGOD’s recently announced entry into a multiyear extraction services contract with Valens GroWorks Corp. (CSE: VGW) (OTCQB: VGWCF) underscores the company’s focus on meeting a growing need to furnish high-quality, premium organic cannabis products to Canadian consumers, according to a news release (http://nnw.fm/MnI90).
“The ability to partner with skilled and specialized extraction operators such as Valens will add significant bench strength to TGOD’s already robust extraction capabilities in Canada, Poland and Jamaica,” Brian Athaide, director and CEO of TGOD, stated in a news release. “We believe the importance of high-quality cannabis oils will continue to greatly increase as patients and consumers look for safer and healthier delivery methods.”
The agreement with Valens, a licensed provider of cannabis products and services specializing in various proprietary extraction, distillation, cannabinoid isolation and purification technologies, will accelerate TGOD’s Canadian hemp strategy and allow for early market entry of TGOD’s organic hemp-derived CBD product lines within the coming months. Under the terms of the initial two-year agreement, Valens will process, extract and purify TGOD’s cannabis and hemp biomass under conditions specified by TGOD, as demanded by final product manufacturing and formulation requirements.
“We are excited to work with TGOD, Canada’s premier certified organic producer,” Tyler Robson, CEO of Valens, added in the release. “Organic resonates with consumers, and Valens looks forward to helping accelerate TGOD’s time to market with the launch of its hemp-derived CBD product line in the coming months.”
Approximately 76 percent of Canadians responding to a recent national cannabis survey prepared by Statistics Canada identified quality and safety as their main concerns when choosing where to purchase cannabis (http://nnw.fm/8dlUY). TGOD cannabis is grown in soil, without synthetic fertilizers, herbicides or pesticides; is never irradiated; and has been certified organic by Pro-Cert Organic Systems Ltd., one of North America’s foremost certification bodies and the second certification body to endorse TGOD’s organic process at its Hamilton, Ontario, facility (http://nnw.fm/c97JN).
TGOD will supply Valens with significant quantities of cannabis and hemp, and Valens will provide extraction purification services processing the cannabis and hemp into premium quality resins and distillates. TGOD intends to use the concentrated cannabinoid resins and distillates to produce oils, sprays and capsules, as well as oils for vaporization and future edible, beverage and topical products. TGOD has been working closely with Valens to help expedite the pathway to organic certification for Valens organic processing methodologies. Upon certification, TGOD will have exclusive access to services provided by Valens for certified organic extraction processing for a period of one year.
The demand for non-intoxicating, hemp-derived CBD products has been strong and supported through significant patient and consumer research. Being first to market in Canada with organically-certified, hemp-derived CBD products could allow TGOD to capture organic CBD market share, securing future growth in this newly legalized cannabinoid vertical (http://nnw.fm/bC4ZO).
For more information, visit the company’s website at www.TGOD.ca
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
- Multi-year extraction services agreement with Valens GroWorks Corp. expected to accelerate TGOD’s Canadian hemp strategy and market entry
- TGOD is committed to producing premium, certified organic, consumer-preferred products
- Production strategy calls for 80,000 kg of cultivation by end of 2019
Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is moving quickly to take advantage of Canada’s nascent legal cannabis market, which is expected to include CBD-infused products by October 2019. TGOD’s recently announced entry into a multiyear extraction services contract with Valens GroWorks Corp. (CSE: VGW) (OTCQB: VGWCF) underscores the company’s focus on meeting a growing need to furnish high-quality, premium organic cannabis products to Canadian consumers, according to a news release (http://nnw.fm/MnI90).
“The ability to partner with skilled and specialized extraction operators such as Valens will add significant bench strength to TGOD’s already robust extraction capabilities in Canada, Poland and Jamaica,” Brian Athaide, director and CEO of TGOD, stated in a news release. “We believe the importance of high-quality cannabis oils will continue to greatly increase as patients and consumers look for safer and healthier delivery methods.”
The agreement with Valens, a licensed provider of cannabis products and services specializing in various proprietary extraction, distillation, cannabinoid isolation and purification technologies, will accelerate TGOD’s Canadian hemp strategy and allow for early market entry of TGOD’s organic hemp-derived CBD product lines within the coming months. Under the terms of the initial two-year agreement, Valens will process, extract and purify TGOD’s cannabis and hemp biomass under conditions specified by TGOD, as demanded by final product manufacturing and formulation requirements.
“We are excited to work with TGOD, Canada’s premier certified organic producer,” Tyler Robson, CEO of Valens, added in the release. “Organic resonates with consumers, and Valens looks forward to helping accelerate TGOD’s time to market with the launch of its hemp-derived CBD product line in the coming months.”
Approximately 76 percent of Canadians responding to a recent national cannabis survey prepared by Statistics Canada identified quality and safety as their main concerns when choosing where to purchase cannabis (http://nnw.fm/8dlUY). TGOD cannabis is grown in soil, without synthetic fertilizers, herbicides or pesticides; is never irradiated; and has been certified organic by Pro-Cert Organic Systems Ltd., one of North America’s foremost certification bodies and the second certification body to endorse TGOD’s organic process at its Hamilton, Ontario, facility (http://nnw.fm/c97JN).
TGOD will supply Valens with significant quantities of cannabis and hemp, and Valens will provide extraction purification services processing the cannabis and hemp into premium quality resins and distillates. TGOD intends to use the concentrated cannabinoid resins and distillates to produce oils, sprays and capsules, as well as oils for vaporization and future edible, beverage and topical products. TGOD has been working closely with Valens to help expedite the pathway to organic certification for Valens organic processing methodologies. Upon certification, TGOD will have exclusive access to services provided by Valens for certified organic extraction processing for a period of one year.
The demand for non-intoxicating, hemp-derived CBD products has been strong and supported through significant patient and consumer research. Being first to market in Canada with organically-certified, hemp-derived CBD products could allow TGOD to capture organic CBD market share, securing future growth in this newly legalized cannabinoid vertical (http://nnw.fm/bC4ZO).
For more information, visit the company’s website at www.TGOD.ca
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
