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NetworkNewsBreaks – The Green Organic Dutchman H

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Post# of 179
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Posted On: 05/08/2019 2:48:36 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Strategic Investment in Califormulations LLC

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced its strategic investment in the newly-formed Califormulations LLC. Per the update, Califormulations will operate out of Columbus, Georgia, serving global branded companies with concept-to-shelf beverage commercialization support, including formulation development, technical services, in-house pilot scale production and contract manufacturing co-ordination. TGOD is expected to work with Califormulations to expedite the U.S. launch of TGOD-branded organic hemp-based CBD beverages, as permitted by local regulations. “We are incredibly excited to partner with Califormulations to further our development of hemp-based CBD beverage products,” Brian Athaide, CEO of TGOD, stated in the news release. “With the US market for functional beverages, including wellness, energy and sport recovery, currently worth over USD$20 billion, we want to remain on the cutting edge of innovation and establish the foundation for future proprietary and novel TGOD-branded products.”

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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