The Green Organic Dutchman Completes First International Cannabis Shipment
TORONTO — The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US-OTC: TGODF), a producer of premium certified organically grown cannabis, announced it completed its first international commercial shipment consisting of cannabis flower and other extracts destined for the South African medical cannabis market.
TGOD’s cannabis flower is reported to be the first to be distributed legally in the country at a commercial scale. Its products received the approval of the South African Health Products Regulatory Authority (SAHPRA).
“This is an important milestone in our strategy to export our certified organically grown medical cannabis products to international markets. We are confident that our in-country partner will continue to develop this nascent market and that TGOD’s portfolio of products will be well received by patients that have previously lacked access to legal, high-quality medical cannabis ” commented Sean Bovingdon, TGOD’s CEO and Interim CFO. “We are pleased to be able to complete our first shipment mid-Q3 2021, in line with our corporate objectives. This is setting the base for our large-scale commercialisation into the international market in 2022,” added Bovingdon.
Forward-Looking Information Cautionary Statement
This news release includes statements containing certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward looking statements in this release includes, but is not limited to, statements about the offering of any particular products by the Company in any jurisdiction and statements regarding the future performance of the Company, statements about future revenue and expected revenue streams from international markets. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
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(This information is primarily sourced from The Green Organic Dutchman Holdings Ltd. Highly Capitalized has neither approved nor disapproved the contents of this news release. Read our Disclaimer here).
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