CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Welcomes New Investors, Releases Update on Aurora Ownership
Sep 4, 2019
Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today commented on the recent transaction between Aurora Cannabis (TSX: ACB) and a syndicate of Canadian banks. Per the update, the block trade was executed on September 3 after market close and resulted in the exchange of a total of 28.8 million shares, each at a negotiated price of $3.00. The Edmonton-based company continues to retain a large number of TGOD warrants equivalent to approximately 5% of its fully diluted shares, and the transaction significantly improves TGOD’s revenue and gross margin mix due to the repatriation of TGOD’s premium organic cannabis previously earmarked for Aurora under an agreement between the parties. “Aurora has been an excellent partner during TGOD’s initial development phase; their investment played an important role in our success. The relationship added significant value across multiple areas of the business, including the initial design and construction of our Canadian facilities,” TGOD CEO Brian Athaide said in the news release. “This is the right next step in the relationship as both companies mature and our respective strategies evolve. It also improves TGOD’s revenue and margin potential on the sale of our premium organic cannabis.”
To view the full press release, visit http://cnw.fm/z4FVa
About the Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman is a publicly traded, premium, global organic cannabis company with operations focused on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market. TGOD also has organic-hemp CBD oil operations in Canada and through its wholly owned subsidiary HemPoland, which distributes premium-hemp CBD oil in the EU. The company grows high-quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a planned capacity of 219,000 kgs and is building 1,643,600 square feet of cultivation and processing facilities across Ontario, Quebec, Jamaica and Denmark. For more information, visit the company’s website at www.TGOD.ca.
NOTE TO INVESTORS: The latest news and updates relating to TGODF are available in the company’s newsroom at http://cnw.fm/TGOD
About CanadianCannabisWire
CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CanadianCannabisWire.com
Please see full terms of use and disclaimers on the CanadianCannabisWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer
Do you have a questions or are you interested in working with CNW? Ask our Editor
CanadianCannabisWire (CNW)
Toronto, Ontario
www.CanadianCannabisWire.com
905.674.5977 Office
[email protected]
More News
‘Bedford Park’ Star and Busan Juror Moon Choi on Locking Away Her Trophies and Plotting a Screen Version of a Molière-Winning Play
For several years after the biggest run of her career, Moon Choi, known in Korea as Choi Hee-seo, kept her trophies out of sight. The haul was substantial. Her turn as Japanese anarchist Kaneko Fumiko in “Anarchist from Colony” swept Korea’s new actress prizes, and her lead role in independent feature “Our Body,” which bowed […]
‘Outer Banks’ Star Austin North Engaged to Cali Fuller, Co-Stars React to Big News
Austin North just got engaged! The 30-year-old Outer Banks star and former Disney Channel actor proposed to his girlfriend Cali […] The post ‘Outer Banks’ Star Austin North Engaged to Cali Fuller, Co-Stars React to Big News appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
How Busan Title ‘Selvi’ Turns a Nurse’s Working Hours Into an Endurance Test
A homecare nurse whose working day stretches from 12 hours to 72 sits at the center of “Selvi,” the first feature from Tamil filmmaker Sailesh Rathnakumar, which premieres in the Busan International Film Festival’s Vision–Asia section. Anjali Patil plays the title role and produces through her banner Anahat Films. Rathnakumar wrote the screenplay with cinematographer […]
23 Embarrassing Celebrity Interview Moments
One actor was so cringey that the host literally walked off set! View Entire Post ›
Box Office Boom for China’s Women Directors Feeds New Parallax Films Pickups From Shao Yihui, Yin Lichuan and Yang Lina (EXCLUSIVE)
Three filmmakers at the forefront of China’s women-led cinema boom – Shao Yihui, Yang Lina and Yin Lichuan – have new titles on the slate of sales agent Parallax Films, which is shopping them to buyers at the Asian Contents & Film Market (ACFM) in Busan. In the short “Winning at Sleep,” Shao turns her […]
Curate A Gorgeous Garden And I'll Guess Your Favorite Disney Princess
I put a lot of thought into each flower! View Entire Post ›
Locarno Title ‘Rapture’ Director Dominic Sangma Confronts Unregulated Stone Mining in Busan Asian Project Market Drama ‘Veil of Dust’
A villager maimed by a mining blast and his wife’s fight for compensation open up a story of exploitation, complicity and indigenous belief in “Veil of Dust,” the new project from “Rapture” director Dominic Sangma. The project is part of the Asian Project Market, which runs within the Busan International Film Festival’s Asian Contents & […]
‘The Sea Speaks His Name’ Review: Absorbing Indonesian Political Thriller Is an Ode to Disappeared Activists
In an age where some call themselves activists merely through social media posting, stories of the dangers, consequences and occasional, very hard-won rewards of boots-on-the-ground political activism have additional potency. Though Yosep Anggi Noen’s compellingly angry and anguished “The Sea Speaks His Name” is set predominantly in the 1990s, chronicling grassroots student resistance to Indonesian […]
Sylvia Chang Backs Malaysian Grief Drama ‘One Fine Day,’ About a Family Undone by Their Daughter’s Murder, at Busan Asian Project Market
A family torn apart by the unsolved murder of their young daughter tries to keep living day to day in “One Fine Day,” a Malaysian drama from director Tan Seng Kiat with Asian film icon Sylvia Chang aboard as executive producer. The project is part of the Asian Project Market, which runs within the Busan […]
Ella Langley Addresses Tulsa Concert Cancelation at Next Show, Says ‘A Concert’s Not Worth a Human Life’
Ella Langley returned to the stage after a last minute cancelation this weekend. The 27-year-old “Choosin’ Texas” singer was set […] The post Ella Langley Addresses Tulsa Concert Cancelation at Next Show, Says ‘A Concert’s Not Worth a Human Life’ appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Polygamy, Ghosts and Grief Collide in ‘Marlina’ Director Mouly Surya’s Busan Asian Project Market Drama ‘The Wife Who Can See Dead People (Or Jinn)’
A young bride who sees ghosts joins a polygamous Muslim household and forms a bond with one of her husband’s other wives in “The Wife Who Can See Dead People (Or Jinn),” the new project from Indonesian director Mouly Surya (“Marlina the Murderer in Four Acts”). The project is part of the Asian Project Market, […]
Andrew Garfield Reacts to Oscar Buzz as ‘Artificial’ Gets Resounding London Reception: ‘So Flattered That Anyone Is Going to See This Film in the First Place’
“Artificial” isn’t hitting theaters until December, but Andrew Garfield is already sparking Oscar buzz for his performance as OpenAI CEO Sam Altman. Luca Guadagnino’s tech tale, which follows the five-day period in 2023 when Altman was fired and then rehired, earned rave reviews after its world premiere at New York Film Festival last week. Both […]
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.