Green Organic Dutchman (OTCMKTS:TGODF) Showcases Its Capacity To Raise Capital

Green Organic Dutchman Holdings (OTCMKTS:TGODF) just proved how good it could get with raising capital. This is after it succeeded at signing a $103 million deal in funding.

The main elements of the financing package

This could be viewed from three distinct perspectives. The first one is the Ancaster Energy Centre linked definitive agreement. This is in line with a sale-leaseback tied to it. The second is a loan term sheet of the company’s construction mortgage. This company’s convertible equity note term sheet is the last one.

Athaide’s perspective

The CEO of TGOD Brian Athaide is quite pleased about the company’s bargaining power. According to the leader, this just shows the level of confidence they have been able to win over from their financial partners.

The other way to look at the matter would be the bargaining power of this company’s assets. This is one of those companies that have succeeded in doing much to ramp up their transparency, corporate governance, and accountability.

The definitive agreement

The company must oversee the successful execution of the close of the definitive agreement. This is an agreement spanning about ten years. Reports indicate that after this duration, TGOD would be free to repurchase the facility. However, this time around, it will have to adhere to the due diligence and proper documentation. No one can guarantee that the closing will go as planned. It might take a shorter or longer time. Challenges might pop up in line with the satisfaction of the conditions.

TGOD has also signed a term sheet that will see it receive USD$30 million in funding. This is a non-binding term sheet, and several conditions accompany it.

Some of these include entry into legal documentation that will bind the company and some of its financial partners.

The business guru will also be required to show a receipt indicating the required regulatory approvals.

If all moves according to plan, by the end of 2019, the company will have closed most of these transactions. TGOD says that the finances have come in good time. The point of focus is now the making of expansions and also the quest for higher profitability.


Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) Secures Pro-Cert Organic Certification For Its Valleyfield Facility

Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) recently revealed that it secured organic certification for its Valleyfield, QC facility from reputable organic certification expert Pro-Cert.

The organic certification for the Valleyfield facility represents an important milestone for the company because it solidifies its position as one of the top organic global cannabis brands. It is however not the first certification that the company has achieved. It previously secured certification for its organic growing facilities located in Europe and Canada. The extra certification however highlights TGOD’s commitment towards maintaining its status as a leading cannabis brand.

“It’s exciting to reach new milestones as we begin commercial production. Growing certified organic cannabis at scale is a highly complex process which has taken time, great care and extensive research to refine,” stated TGOD CEO Brian Athaide.

The CEO also revealed in his statement that TGOD’s facilities are subjected to a comprehensive certification process to maintain high-quality standards. This also ensures that the facilities efficiently at all the stages. Athaide’s statement also noted that the company’s team created proprietary methods that take advantage of the benefits of growing on rich soil to maintain organic integrity across the production chain.

Pro-Cert delivers a high-quality certification level that is accredited and ISO 17065 compliant. This is one of the reasons why it has earned itself global recognition.

TGOD unveils Global Strategic Hemp Division

TGOD also recently launched its Global Strategic Hemp Division as part of its push into the global CBD and hemp market. The company created the new division to speed up the creation and commercialization of new products and also to promote growth.

Speaking about the launch, Athaide laid down the statistics, noting that the CBD market will likely be worth $22 billion by 2022 and that it will be characterized by heavy demand. A noteworthy proportion of the market demand is the demand for organic CBD products.

 TGOD therefore has a chance to leverage that growth by implementing a strong growth strategy that will help maintain its spot as one of the major CBD brands recognized globally. Fortunately, the company is well-equipped with a strong and experienced team to help achieve those goals.


Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) Kicks Its Global Expansion Plan Into High Gear Through Its New Global Strategic Hemp Division

Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) recently unveiled its Global Strategic Hemp Division through which it plans to expand its presence into the global organic CBD and hemp market.

The newly launched Global Strategic Hemp Division will take advantage of The Green Organic Dutchman’s knowledge of the hemp CBD market in Europe. This will allow the company to fast-track its growth and also speed up the production and commercialization of new offerings throughout its network with the help of its international partners.

“With the global CBD market expected to hit $22 billion in less than 3 years, it is clear that the segment is drawing substantial consumer demand,” stated TGOD CEO, Brian Athaide.

TGOD already has the technical know-how that it needs to expand in

The CEO also noted in his statement that the company’s team has years of experience in the CBD sector and that they are excited about using that experience in the expansion strategy. Athaide also added that CBD is the ideal product for the company because it aligns with TGOD’s focus on organic products. The

CEO also believes that now is the ideal time to focus on a global expansion strategy because CBD is increasingly gaining more popularity across that world. TGOD has also been building up its business in preparation for more market share. For example, it acquired HemPoland last year, which allowed it to gain access to more intellectual property.

The acquisition seems to have paid off because HemPoland’s Q1 2019 revenue grew by roughly 30% due to the rising demand for top-grade CBD products in the European region. Meanwhile, the new Global Strategic Hemp Division is a great addition, especially to TGOD’s international partners. Some of those partners offer training for standard operating procedures, organic methods and they even provide genetics and regulatory insights.

TGOD has already secured a distribution agreement through its partnership with a German pharmaceutical called Mediakos through HemPoland. TGOD also plans to leverage its existing partnerships as part of its plan to venture into the U.S CBD market. Meanwhile, the company already has a Canadian subsidiary whose operations in the country are licensed by Health Canada.


Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) Secures Cannabis Cultivation License In Denmark

Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) closed Friday’s trading session at $2.81, and it kicked off February with the announcement that it had been awarded a cannabis cultivation license in Denmark.

The company announced towards the end of January that it received the license to grow cannabis from the Danish Medicines Agency. The latter is the government authority that issues marijuana-related licenses in Denmark. TGOD got the license through Knud Jepsen, its joint venture partner who received the license. The license will allow Knud Jepsen to start importing the materials that they require to kick off the research and development process that is involved in creating cannabis genetics of the highest pedigree.

The license that has already been issued by the Danish Medicines Agency was issued under the agency’s Development Scheme. The awarded license facilitates, activities related to import, possession, cultivation as well as processing of cannabis. The two companies also expect to receive an additional license to allow them to sell their cannabis products for medical purposes.

“We are incredibly pleased with the quick receipt of this license from the Danish Medicines Agency,” stated Knud Jepsen CEO, Frands Jepsen.

The joint partnership will focus on market expansion

The CEO also noted that they received the initial license after filing for it with the Danish Medicines Agency. Jepsen also noted that his company has developed a strong relationship with the parties involved and that they jointly intend to work together with the Danish regulatory body. TGOD and Knud Jepsen have a production facility that measures 7,500 sq. Ft whose phase one is capable of producing 2,500 KG annually. It initially plans to supply the product to the Danish medical market.

The two companies have also created another joint venture that is focused on genetically modified cannabis trials. Jepsen stated that the joint venture between TGOD and Knud Jepsen is a vital opportunity for TGOD to expand its product portfolio in the European market. This is because the joint venture will take advantage of Jepsen’s expertise which it has gained over the 80 years that it has been in the market. The collaboration will also allow TGOD to focus on building its distribution channels and global sales.


Green Organic Dutchman (OTCMKTS:TGODF) Pronounces The C$75 Million Deal

Green Organic Dutchman (OTCMKTS:TGODF) is a company that focuses on medical cannabis cultivation. The business giant produces top-notch cannabis that helps enhance lives globally. It was today that the business guru spoke in relation to its latest bought deal amounting to C$75 Million.

Current state of affairs

The Green Organic Dutchman Holdings disclosed that its collaboration with the underwriters is a progressive one. Canaccord Genuity Corp is providing remarkable leadership to the underwriters.

If all moves according to plan, Underwriters will proceed to buy the 10,950,000 units. The company intends to spend the proceeds in the most appropriate way. Reports indicate it will channel them towards the various general corporate purposes. It also sees it fit to channel some into the expansion plans underway.

The business giant hopes that by October it will have completed the deal. According to it, there are a number of conditions that the deal must fulfill. The Toronto Stock Exchange for instance has a role to play. It will take time to give its approval just to check out if everything else is in order. An official working with the company insists on the great need to have all the securities registered.

The turn of events

Much has been going on recently, the other thing being the purchase of HemPoland. The Toronto Stock Exchange is working on a number of things right now. However it will be on time to give its approval.

The body says that it backs up all the company’s efforts to give a major boost to the shareholder value. Market analysts assert that to achieve that the company must succeed in its efforts of expanding internationally.

TGOD’s CEO Brian Athaide opined, “HemPoland has proven an ability to execute through quality product development and strong brand awareness. We are incredibly pleased with this transaction, a key milestone in our long-term acquisitions strategy.”

Athaide says that it is a great honor for them to work with trusted and effective entrepreneurial team.

Since its establishment, HemPoland has focused in the manufacture as well as in the marketing of premium CBD oils. It has been experiencing remarkable performance according to reports.

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