$TGODF Well Positioned for International Expansion — CFN Media
SEATTLE, June 15, 2018 — CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article discussing recent developments toward international business for The Green Organic Dutchman (TSX:TGOD) (OTCQX:TGODF), which became the world’s largest cannabis initial public offering (IPO) in recent weeks. In addition to its funded 130,000 kilograms of capacity and 1,095,000 sq. ft. of cultivation facilities under construction, the company has developed a leading brand in the cannabis industry with an eye for international markets.
Canada’s cannabis industry is projected to reach C$22.6 billion over the coming years, according to Deloitte, driven by the legalization of adult-use cannabis nationwide. But, the international market for cannabis could be much larger. For example, Canada’s cannabis oil extracts nearly tripled last year due to strong demand from Germany, while the United States has become the world’s largest market at over $50 billion per year in projected revenue.
New Global Division
The Green Organic Dutchman recently announced the launch of a new global division focused exclusively on the beverage industry. With over 125 years of combined experience in the beverage industry, the company plans to work with large-scale beverage companies to provide a strategic pathway into the cannabis industry. These agreements may take the form of direct investment, joint ventures, or other opportunities depending on the circumstances.
The initial focus will be on creating industry-leading branded products and to supply organic base ingredients for global beverage brands. As part of its $55 million R&D budget, the company is developing a 40,000 sq. ft. state-of-the-art research and development center that will include space for product development and pilot manufacturing. The facility is one of many within the 72-acre Valleyfield property designed to create cannabinoid-infused drinks.
TGOD President Csaba Reider, in the press release announcing the deal, stated, “We will create unique, healthy and organic products for the recreational and medicinal markets. We have the best access to capital, organic production capabilities and R&D resources in the world.”
GMP Compliant Facilities
The Green Organic Dutchman also recently secured a supplemental license from Health Canada for the production of cannabis oils. Using its supercritical CO2 extraction system, the company is capable of processing up to 6,600 kilograms of ultra-pure, environmentally-friendly, organic cannabis oils each year. The cannabis oils are designed to be as close to the original plant as possible, including terpene profiles, to realize potential entourage effects.
The company’s laboratory was built to GMP (Good Manufacturing Practices) specifications and management is pursuing European Union GMP certification. Once it secures this certification, the company will be able to begin exporting its cannabis oil products throughout the European Union where the market is ripe for high-quality organic cannabis oil products.
Organic Certification
In May, the Green Organic Dutchman announced that its Ancaster, Ontario facility received organic certification from Ecocert Canada, an internationally-recognized world-leading organization in organic certification. Ecocert Canada provides inspection and certification for sustainable development and works to maintain rigorous respect of organic standards on products, services, and systems.
Organic products have commanded premium prices in both traditional agriculture and the cannabis industry. With product recalls plaguing many licensed producers, organic products provide an added layer of protection from these issues, since they avoid the use of potentially dangerous pesticides. The organic certification could also make the products more attractive for importers in regions like Europe and Australia.
“This is another step in TGOD’s planned expansion to be the world’s largest branded organic cannabis company,” said CEO Robert Anderson. “Consumers world-wide are interested in quality products and TGOD will continue to strive to provide the highest quality organic product that complements the natural product preferences of today’s consumer.”
Expanded Technology
The Green Organic Dutchman has also been expanding its technology portfolio. The company signed a deal with Evolab and CBx Sciences to license its proprietary technologies and formulations in Canada and other jurisdictions outside of the United States. Evolab is a top cannabinoid vaporization brand that has gained significant market share in the U.S., while CBx Sciences is a leader in cannabinoid R&D and consumer product development.
“This licensing partnership for industry leading technologies and formulations will further allow TGOD to execute on its plans of offering novel and safer delivery methods of both non-psychoactive and psychoactive cannabinoids to patients and consumers around the globe,” said Mr. Anderson.
In late-May, the company also announced an exclusive agreement with Stillwater Brands to license RIPPLE SC (Soluble Cannabinoids) ingredient technology and other proprietary beverage and food technologies within Canada and certain international jurisdictions outside of the United States. The move could pave the way to develop cannabinoid-infused consumer packaged goods, including micro-dose and full-dose tea sticks.
Jamaica and Beyond
The Green Organic Dutchman’s latest development is a partnership with and 49% investment in Epican Medicinals, an early mover in the Jamaican market. Epican is the first completely vertically integrated cannabis company there, with cultivation, extraction, manufacturing and distribution licenses. The company has an extraction facility that has been built to GMP standards, and the new deal includes a plan for construction of a second 125,000 sq. ft. facility. TGOD will assist Epican as it pursues Eco-Cert’s organic certification.
This deal shows TGOD’s international plan in action, as the company brings all of its expertise and acquisitions to bear in entering a foreign market. “This is the first example of how we can partner with and introduce companies like CBx Technologies and Stillwater Brands to foreign jurisdictions,” said Mr. Reider. “Through the development of GMP compliant, state-of-the-art extraction labs, TGOD will begin manufacturing these proven brands in international jurisdictions as regulations permit.”
Looking Ahead
The Green Organic Dutchman (TSX:TGOD) (OTCQX:TGODF) has made tremendous progress in expanding its reach over the past several months. In addition to licensing new technologies, the company has achieved internationally-recognized organic certification and is well on its way to achieving the GMP certification that’s necessary to export into the European Union. TGOD is also entering the Jamaican market with an established company, opening the possibilities of near term revenue in that country’s fairly new legal cannabis industry. Investors may want to take note of the stock given these recent catalysts.
For more information, visit the company’s website at www.tgod.ca.
Please follow the link to read the full article: http://www.cannabisfn.com/green-organic-dutchman-well-positioned-international-expansion/
About CFN Media
CFN Media (CannabisFN) is the leading agency and financial media network dedicated to the global cannabis industry, helps companies operating in the space attract investors, capital, and publicity. Since 2013, private and public cannabis companies in the US and Canada have relied on CFN Media to grow and succeed.
Learn how to become a CFN Media client company, brand or entrepreneur: http://www.cannabisfn.com/featuredcompany
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CannabisFN.com is not an independent financial investment advisor or broker-dealer. You should always consult with your own independent legal, tax, and/or investment professionals before making any investment decisions. The information provided on http://www.cannabisfn.com (the ‘Site’) is either original financial news or paid advertisements drafted by our in-house team or provided by an affiliate. CannabisFN.com, a financial news media and marketing firm enters into media buys or service agreements with the companies that are the subject of the articles posted on the Site or other editorials for advertising such companies. We are not an independent news media provider. We make no warranty or representation about the information including its completeness, accuracy, truthfulness or reliability and we disclaim, expressly and implicitly, all warranties of any kind, including whether the Information is complete, accurate, truthful, or reliable. As such, your use of the information is at your own risk. Nor do we undertake any obligation to update the items posted. CannabisFN.com received compensation for producing and presenting high quality and sophisticated content on CannabisFN.com along with financial and corporate news.
The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/
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Frank Lane
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