The Green Organic Dutchman Holdings, a producer of certified-organic cannabis, recently inked agreements for increased funding totaling up to $103 million. TGODF intends to utilize the capital to complete construction of various facilities and achieve national product distribution.
An article discussing the company reads, “‘Our ability to raise capital, despite recent headwinds affecting the entire sector, is a clear show of confidence from our financial partners,’ TGOD CEO Brian Athaide stated in a news release. ‘It is reflective of the value of our significant assets, the trust investors are putting into TGOD’s strong corporate governance, transparency and accountability, and the opportunity for the company’s unique positioning to quickly capture and grow the organic segment.’ . . . The Green Organic Dutchman, one of the few certified-organic licensed producers in Canada, has garnered industry attention because of its ability to cultivate premium product at competitive costs, due in large part to its industry partnerships, passion for product excellence and sound governance principles. The company has accrued a significant following among cannabis enthusiasts and was recently described as one of the best licensed, Canadian, cannabis producers.”