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Green Organic Dutchman Holdings Ltd OTCMKTS: TGODF Secures Supply Agreement with British Columbia

Green Organic Dutchman Holdings Ltd OTCMKTS: TGODF 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 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 sq. ft. of cultivation and processing facilities across Ontario, Quebec, Jamaica and Denmark.

TGOD’s Common Shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the symbol “TGOD” and “TGOD.WT”, respectively.

Green Organic Dutchman Holdings Ltd OTCMKTS: TGODF On May 9, 2019 announce that it has secured a cannabis supply agreement with the BC Liquor Distribution Branch (“BCLDB”). The BCLDB, under the brand BC Cannabis Stores, is British Columbia’s public retailer of non-medical cannabis.

“With very positive feedback on TGOD products from our British Columbia medical patients, we are excited to offer our premium certified organic products to the recreational market,” commented Brian Athaide, CEO of TGOD. “As our two Canadian production facilities come online in phases, we remain focused on the execution of our business plan; expanding our distribution channels and increasing the volume we are able to supply to the provincial boards.”

TGOD is Canada’s largest licensed producer of 100% certified organic cannabis flower and oils; all of its plants are grown in living soil without the use of synthetic fertilizers, pesticides or herbicides. The result is a cleaner, premium product for the medical and recreational markets.

The agreement with the BCLDB was negotiated in collaboration with Velvet Management Inc. (“Velvet”). Created by Canada’s largest wine distributor, Philippe Dandurand Wines, Velvet provides fully integrated national sales and distribution capabilities for TGOD’s premium organic cannabis to provincial liquor and cannabis boards.

Green Organic Dutchman Holdings Ltd OTCMKTS: TGODF On May 8, 2019 announce the Company’s strategic investment into the US beverage space as a co-founding investor and strategic partner in the newly formed Califormulations LLC (“Califormulations”). 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 will work with Califormulations to expedite the US launch of TGOD branded organic hemp-based CBD beverages, as local laws and regulations permit.

“We are incredibly excited to partner with Califormulations to further our development of hemp-based CBD beverage products,” said Brian Athaide, CEO of TGOD. “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. TGOD strives to partner with established industry leaders, and we believe that this forward-looking strategic partnership positions TGOD to capitalize on the future cannabinoid beverage market.”

Califormulations is well positioned to immediately execute on a strategy to become the preeminent beverage formulation and commercialization centre in the United States. TGOD’s co-founding investment in Califormulations is occurring alongside the expertise of Symrise Inc. (“Symrise”), including its Beverage Innovation Centers in Laguna Beach and Teterboro. Symrise, TGOD and founding management have provided a combination of equity and debt financing to capitalize Califormulations.

TGOD’s investment in Califormulations illustrates TGOD’s progressive corporate philosophy of investing in brand differentiating capabilities. As global laws and regulations permit, Califormulations will be an important enabler allowing TGOD to manage supply chains without excessive investment in bricks and mortar. This approach is consistent with TGOD’s long-term objective to focus capital investments on building the world’s leading organic cannabis brand. The Company intends to leverage the experience within Califormulations to expedite the US launch of TGOD-branded organic hemp-based CBD beverages, as laws and regulations permit. Initially, however, the focus will be on having bulk non-infused beverage concentrates produced and shipped by Califormulations to TGOD-owned and contracted manufacturing sites around the globe, including Canada, for infusion with cannabinoids and distribution within legal markets.