NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Releases Q1 Fiscal 2019 Financial and Operational Results

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) on Tuesday released its financial and operational results for the three months ended March 31, 2019. Among the highlights, the company is on-track with construction at Hamilton and Valleyfield sites, with Q1 investment totaling $46.9 million, an increase of $7.4 million compared to Q4 2018. In addition, TGOD achieved revenues of $2.4 million, primarily from HemPoland, reflecting a 28 percent increase over the prior quarter. “Q1 results are continued proof that we are delivering on our business plan with executional excellence,” TGOD CEO Brian Athaide commented in the news release. “The company is now bringing to market high quality, premium certified organic cannabis flower and hemp-derived CBD oils. With the construction of the Hamilton facility nearing completion and our flagship Valleyfield facility on track, TGOD will soon be able to sell at scale in Canada and rapidly grow the organic segment that is currently being significantly under-served by the market.”

To view the full press release, visit http://nnw.fm/J0lvr

About The Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman Holdings 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. 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 global 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://nnw.fm/TGODF

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks 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, NNW 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. NNW 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, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Latest News

The Latest: UK rejects Iranian position on tanker seizure

Jul 20, 2019

TEHRAN, Iran — The Latest on developments related to tensions between the U.S. and Iran (all times local): 9:20 p.m. Britain's foreign secretary says he rejects Iran's attempt to link its seizure of a British-flagged tanker to a July 4 incident in which British marines helped take control of an Iranian tanker off Gibraltar. Jeremy Hunt said Saturday afternoon that Britain's action against the Grace 1 supertanker was legal because it involved the enforcement of international sanctions against Syria since the crude oil on board was bound for that country. In contrast, he says, Iran had no legal justification for...

Iran says British tanker seized because of collision

Jul 20, 2019

TEHRAN, Iran — Iran's seizure of a British-flagged oil tanker was allegedly due to a collision with an Iranian fishing boat, the country's state-run IRNA news agency said Saturday. The British tanker reportedly caused damage to the fishing boat, then didn't respond to calls from the smaller craft. The fishing boat informed Iran's Ports and Maritime Organization, which notified the Revolutionary Guard. IRNA reported that the Revolutionary Guard vessels directed the Stena Impero to an Iranian port for an investigation Friday, and that the crew remained on board the ship as per safety regulations. Iran's attempt to offer a "technical"...

Technology, temporary help keeps farmers on job longer

Jul 20, 2019

ALEXANDRIA, Ind. — Assistive technology, help from seasonal hires and family members, and a general improvement in the health of U.S. seniors in recent decades have helped farmers remain productive and stay on the job well into their 60s, 70s and beyond. In the U.S. last year, the median age for domestic farmers, ranchers and other agricultural managers was 56.4 years old. That's the highest median age of any major occupation tracked by the government's Current Population Survey for which data was available. Experts worry that without the older farmers, there might not be enough people interested in agriculture to...

Japan vows action if S. Korea hurts companies in trade row

Jul 20, 2019

TOKYO — Japan's foreign minister said Tokyo will take "necessary measures" against South Korea if interests of Japanese companies are harmed in an escalating dispute over World War II forced labor. The neighboring countries and U.S. allies are quarreling over South Korean court decisions ordering Japanese companies to compensate victims of forced labor during Japan's 1910-1945 colonial rule of the Korean Peninsula. Foreign Minister Taro Kono said Friday after summoning South Korean Ambassador Nam Gwan-pyo that Tokyo is prepared to take "necessary measures" to protect the interest of Japanese companies, without giving details. Their talks were held in an icy...

Service resuming after 7 New York City subway lines stopped

Jul 20, 2019

NEW YORK — About a third of New York City's subway lines were suspended for more than an hour during a hot Friday evening commute, stranding some passengers underground and sending others searching for alternate ways home. The stoppage affected the No. 1, 2, 3, 4, 5 and 6 trains that serve swaths of Manhattan, the Bronx and Brooklyn. It also halted the S shuttle train that links Grand Central Terminal and Times Square — two of the city's busiest stations. The Metropolitan Transportation Authority warned that there would still be "extensive delays" in the system, which serves more than...

Search

Deck Biz is an intelligent platform providing international and regional business news updates. You won’t get these insights elsewhere other than Deck Biz.

Contact us: sales@deckbiz.com