TORONTO, Aug 2, 2019 /CNW/ – The Inexperienced Natural Dutchman Holdings Ltd. (the “Firm” or “TGOD”) (TSX:TGOD) (US:TGODF) is happy to announce that it has efficiently renewed its Well being Canada licences for the Firm’s Ancaster, Ontario facility till August 2022. As per the Hashish Laws, these licenses authorize TGOD to domesticate, course of and promote cannabis from its Ancaster web site.
“From day one, the whole staff at TGOD positioned a powerful give attention to ethics and compliance. These core values have been paramount to our success,” commented Brian Athaide, CEO of TGOD. “Our staff continues to work diligently as we ramp up manufacturing and execute our marketing strategy.”
TGOD is within the technique of finishing its third constructing at Ancaster, a state-of-the-art hybrid greenhouse. Completion is predicted by the tip of the month, bringing the ability to a complete measurement of 166,000 sq. ft with an annual manufacturing capability of 17,500 kgs; TGOD can be searching for an eGMP certification to permit for international exports, as legal guidelines and rules allow.
About The Inexperienced Natural Dutchman Holdings Ltd.
The Inexperienced Natural Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) is a publicly traded, premium international natural cannabis firm, with operations targeted on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, in addition to the Canadian adult-use market. TGOD additionally has natural hemp CBD oil operations in Canada, and thru its wholly owned subsidiary HemPoland distributes premium hemp CBD oil within the EU. The Firm grows top quality, licensed natural cannabis with sustainable, all-natural rules. TGOD’s merchandise are laboratory examined to make sure sufferers have entry to a standardized, secure and constant product. TGOD has a deliberate capability of 219,000 kgs and is constructing 1,643,600 sq. ft. of cultivation and processing amenities throughout Ontario, Quebec, Jamaica and Denmark.
TGOD’s Frequent Shares and warrants issued underneath the indenture dated November 1, 2017 commerce on the TSX underneath the image “TGOD” and “TGOD.WT”, respectively.
For extra data on The Inexperienced Natural Dutchman Holdings Ltd., please go to www.tgod.ca.
Ahead-Trying Info Cautionary Assertion
This information launch consists of statements containing sure “forward-looking data” throughout the which means of relevant securities legislation (“forward-looking statements”). Ahead trying statements on this launch consists of, however just isn’t restricted to, statements about future facility development, statements about future manufacturing capability, statements concerning the achievement of sure certifications in reference to its amenities, statements concerning the receipt of any regulatory permits or licences, statements concerning the providing of any explicit merchandise by the Firm in any jurisdiction and statements concerning the longer term efficiency of the Firm. Ahead-looking statements are continuously characterised by phrases comparable to “plan”, “proceed”, “count on”, “challenge”, “intend”, “imagine”, “anticipate”, “estimate”, “could”, “will”, “potential”, “proposed” and different related phrases, or statements that sure occasions or circumstances “could” or “will” happen. These statements are solely predictions. Numerous assumptions have been utilized in drawing the conclusions or making the projections contained within the forward-looking statements all through this information launch. Ahead-looking statements are based mostly on the opinions and estimates of administration on the date the statements are made and are topic to a wide range of dangers and uncertainties and different components that would trigger precise occasions or outcomes to vary materially from these projected within the forward-looking statements. The Firm is underneath no obligation, and expressly disclaims any intention or obligation, to replace or revise any forward-looking statements, whether or not on account of new data, future occasions or in any other case, besides as expressly required by relevant legislation.
Neither TSX nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of Toronto Inventory Trade) settle for duty for the adequacy or accuracy of this launch.
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