Tag: TGOD.TO

CannabisNewsBreaks – Investment Interest in the Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Rises Following BMO Block Trade

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified-organic cannabis, is increasing its number of institutional holders following the recent clearing of stock overhang. An article discussing the company reads, “In the wake of the Bank of Montreal’s (BMO) completion of a block trade of Aurora Cannabis (TSX: ACB) (NYSE: ACB) held shares of the Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), leadership is reportedly pleased to see that 28.8 million overhanging shares remaining from that transaction have been successfully placed, predominately with institutional asset managers. . . . Through a transaction with BMO, a block trade of 4.8 million shares was completed on Friday, September 6, at $2.96, clearing the remaining shares. Approximately 55–65% of the total block of shares was placed in the hands of institutional asset managers, with the balance being taken by retail investors. This transaction was felt by both parties to be beneficial to their long-term strategic goals. Due to the repatriation of TGOD’s premium organic cannabis, which was previously designated for Aurora, the transaction brings significant revenue and gross margin gains for TGOD. ACB continues to show its support for TGOD by maintaining over 16.6 million purchase warrants (http://cnw.fm/Hjr70).”

To view the full article, visit http://cnw.fm/06Sx3

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. TGOD also has organic-hemp, CBD-oil operations in Canada and, through its wholly owned subsidiary HemPoland, distributes premium-hemp CBD oil in the EU. The company grows high-quality, certified-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://cnw.fm/TGOD

About CanadianCannabisWire

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

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CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Advances Within Competitive Canadian Cannabis Space

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified-organic cannabis, is on a mission to meet the growing demand for organic cannabis in Canada. An article discussing the company reads, “Recently, TGOD received a 100% organic rating from Toronto-based Corporate Knights magazine (http://cnw.fm/9jgNC). The company is one of the few in Canada licensed to cultivate organic cannabis. The Green Organic Dutchman is a pioneer in shifting from indoor farming to greenhouse cultivation, making use of solar energy and cutting electricity costs by up to 90%. Companies leading this effort are using glass-roofed greenhouses equipped with the latest high-tech equipment to produce ‘sun-grown’ organic cannabis (http://cnw.fm/MP6Ug).”

To view the full article, visit http://cnw.fm/1OSzz

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. TGOD also has organic-hemp, CBD-oil operations in Canada and, through its wholly owned subsidiary HemPoland, distributes premium-hemp CBD oil in the EU. The company grows high-quality, certified-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://cnw.fm/TGOD

About CanadianCannabisWire

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

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420 with CNW – UK Experts Want Medical Marijuana Free for All

The UK government has legalized the use of medical marijuana; however, accessing it is next to impossible. This has prompted professors, doctors, health experts, and politicians to sign letters petitioning the government to make medical marijuana free to all patients. To access medical marijuana for free, patients have to present a prescription from the NHS (National Health Service), which serves as the United Kingdom’s comprehensive, universal, and free-at-the-point-of-service system of medication.

It is legal to prescribe medical cannabis under particular conditions on the NHS system; however, there exist several restrictions and obstacles that hinder specialists from prescribing medical marijuana treatment to patients. The letter signed by the pharmacists, health experts, and members of parliament appeals to the UK Health Secretary Matt Hancock to lift these restrictions. The Members of Parliament representing the Liberal Democrats and Labour have also signed a letter to the Prime Minister, Boris Johnson, appealing to him to intervene for the patients who are unable to access medical marijuana prescriptions.

Doctors and politicians are ready to change the highly restrictive measures administered by the UK government regarding legal access to medical cannabis. The UK government system governing access to medical marijuana does not give access to those patients who highly need it, thus causing unnecessary deaths and addiction to painkillers which could be avoided by treating the patient with medical cannabis.

In their letter to Mr. Hancock, the health experts argue that the failure of the medical and pharmacy professions to embrace medical cannabis is the leading cause of death from conditions that could be prevented, such as epilepsy.

A recent study by Public  Health England concludes that a quarter of the population, ‘mainly adults’ consume strong painkillers, sleeping aids and antidepressants. The conditions forcing them to take these medications could be effectively and safely treated using medical marijuana.

Health experts in the UK want these restrictions lifted because it would make it easier for the doctors to prescribe medical cannabis for treatment using the NHS system. They want Hancock to scrape off the rule requiring a senior doctor to sign off on a prescription and allow a general specialist to write medical marijuana prescriptions. Besides, they want the laws governing the importation of medical marijuana simplified.

The proposed changes to medical marijuana could improve the lives of many patients because with a prescription from the medical provider; patients can access medical cannabis freely. Lack of access to medical cannabis prescription forces patients to seek the help of private caregivers who are very expensive; forcing the patients to turn to the use of unregulated weed for relief.

For the long term effect of free medical marijuana to be seen, professors, health experts and MPs advocate for the training of doctors on medical cannabis treatment and the process of prescribing. Medical cannabis should be prescribed to patients suffering from chronic pain, epilepsy, cancer, multiple sclerosis, depression and insomnia.

In response to the letter, NICE (National Institute for Health and Care Excellence) is opposed to the use of medical marijuana, citing lack of enough clinical evidence.

Industry analysts think that marijuana industry actors like The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) would wish that UK patients get as much access to Medical marijuana as those in Northern America.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Hosting Analyst Site Visits at Hamilton and Valleyfield Facilities

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, today announced that it is hosting site visits for analysts at its Hamilton and Valleyfield facilities on September 19-20. According to the update, the company is sharing, for the first time, beyond construction timelines, Canadian production ramp-up and other updates that are available on its website. “We are doing something no other producer has done before, growing premium certified organic cannabis at scale. By leveraging our proprietary growing methods, purpose-built facilities and industry-leading horticultural team, we are creating a wide economic moat within the premium organic segment,” TGOD CEO Brian Athaide said in the news release. “We are extremely proud to showcase the hard work that went into designing and building these state-of-the-art facilities as well as our cannabis 2.0 portfolio.”

To view the full press release, visit http://cnw.fm/SHm8Y

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. TGOD also has organic hemp CBD oil operations in Canada, and through its wholly-owned subsidiary HemPoland distributes premium hemp CBD oil in EU. The company grows high-quality, certified 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://cnw.fm/TGOD

About CanadianCannabisWire

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

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

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

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420 with CNW – Congress to Vote on Marijuana Banking Bill This Month

A bipartisan bill that was drafted to protect the banks that accept marijuana businesses as clients will be put before the whole House for a vote this month, according to the office of the Majority Leader.

This decision was announced during a closed-door meeting of the Democratic Party lawmakers held on Thursday. The exact date hasn’t been agreed upon, but it will be this month.

Some lawmakers who attended that closed-door meeting revealed that there was a suggestion that the bill be voted upon after suspending the rules of procedure. If this were to happen, at least two-thirds of the lawmakers have to vote in favor of the bill if it is to pass.

The SAFE Banking Act currently has 206 cosponsors, which means that the advocates of this bill still have some work to convince more members to come on board so that the option of voting under suspended rules can result in success.

The suspension process also doesn’t allow lawmakers to make any changes to the law being considered, and this could be a potential flashpoint since it is possible that some legislators want to include other provisions, such as protecting banks that do business with hemp companies, before the bill is passed.

It isn’t entirely far-fetched to consider the possibility that a completely new bill may be tabled for a vote. This option is likely in case the lawmakers talked to those who are opposed to the SAFE Banking Act and new terms were agreed upon and included in the new version. This could explain why the idea of voting under suspended rules arises.

The SAFE Banking Act had been expected to receive a floor vote before the House went on recess in August, but this didn’t happen.

Meanwhile, the Senate Banking Committee is also getting set to vote on a marijuana banking bill. No date has been set, but committee chair Mike Crapo (R-ID) said on Thursday that a panel is getting the bill ready.

This announcement may have forced the hand of the Democrats in Congress since they have been unwilling to let the Republicans in Senate advance the marijuana law before the Democrats do anything along the same lines.

The Democrats have positioned themselves as the champions of marijuana law reform, so it is crucial, at least for perception purposes, for the bill in Congress to be voted upon before the Republican-dominated Senate considers a similar bill.

Regardless of the motives behind the timing of the House vote, analysts believe different members of the marijuana industry, such as The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF), will welcome this crucial legislation since it will make it easier for the industry to thrive.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

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CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Accelerate Shipments to Meet Demand for Premium Organic Cannabis Following Ontario Launch

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, today announced that initial demand has exceeded expectations following its August launch in Ontario, which marked the company’s entrance into Canada’s recreational market. Per the update, TGOD’s Unite Organic, a high-THC signature strain, is performing well online and at dispensaries and triggering a second OCS order earlier than initially anticipated. “We are thrilled to witness such strong sales and positive feedback from retailers and consumers across Ontario, Canada’s most populous province at 14.32 million people.  We can see from the initial response that demand for high-quality flower is strong,” TGOD CEO Brian Athaide said in the news release. “Our team is working hard to ramp up production of our premium organic products as we get ready to expand distribution with additional strains and product forms as well as to other provinces in the months ahead.  With our Hamilton hybrid greenhouse completed, and a second one nearing completion in Valleyfield, we are on track to distribute nationally early next year.”

To view the full press release, visit http://cnw.fm/7T2sR

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. TGOD also has organic hemp CBD oil operations in Canada, and through its wholly-owned subsidiary HemPoland distributes premium hemp CBD oil in EU. The company grows high-quality, certified 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://cnw.fm/TGOD

About CanadianCannabisWire

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

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HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and Caliper Foods Report Positive Results from Proprietary Water-Soluble Cannabinoid Technology Study

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, and Caliper Foods (formerly Stillwater Foods), a best-in-class provider of water-soluble cannabinoid products, today announced the results of a preliminary human pharmacokinetic (“PK”) study . The PK study was conducted on Caliper CBD, Caliper Foods’ proprietary tasteless and odorless powder that is water soluble and can be added to almost any food or beverage. Early data shows that Caliper CBD demonstrated a 4.5-fold higher observed total bioavailability and faster onset with higher concentrations achieved, both at 15 minutes, compared to maximum concentration achieved at 45 minutes with a CBD in oil formulation. “We are delighted with these PK results as they confirm the enhanced bioavailability and consistent absorption rates of our proprietary ingredient technology, which can infuse both CBD and THC. This study confirms that consumers absorb 4.5 times more CBD with Caliper CBD than with CBD in MCT oil,” Caliper Foods Director of R&D Keith Woelfel said in the news release. “Our R&D team is working closely with TGOD on the next phase of the clinical study, which, if it confirms the PK results in additional product forms, will make Caliper Foods’ and TGOD’s product suites highly differentiated in terms of substantiated quality.”

To view the full press release, visit http://cnw.fm/E20yn

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. TGOD also has organic hemp CBD oil operations in Canada, and through its wholly-owned subsidiary HemPoland distributes premium hemp CBD oil in EU. The company grows high-quality, certified 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://cnw.fm/TGODF

About HempWireNews

HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.

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CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Welcomes New Investors, Releases Update on Aurora Ownership

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today commented on the recent transaction between Aurora Cannabis (TSX: ACB) and a syndicate of Canadian banks. Per the update, the block trade was executed on September 3 after market close and resulted in the exchange of a total of 28.8 million shares, each at a negotiated price of $3.00. The Edmonton-based company continues to retain a large number of TGOD warrants equivalent to approximately 5% of its fully diluted shares, and the transaction significantly improves TGOD’s revenue and gross margin mix due to the repatriation of TGOD’s premium organic cannabis previously earmarked for Aurora under an agreement between the parties. “Aurora has been an excellent partner during TGOD’s initial development phase; their investment played an important role in our success. The relationship added significant value across multiple areas of the business, including the initial design and construction of our Canadian facilities,” TGOD CEO Brian Athaide said in the news release. “This is the right next step in the relationship as both companies mature and our respective strategies evolve. It also improves TGOD’s revenue and margin potential on the sale of our premium organic cannabis.”

To view the full press release, visit http://cnw.fm/z4FVa

About the Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman 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. TGOD also has organic-hemp CBD oil operations in Canada and through its wholly owned subsidiary HemPoland, which distributes premium-hemp CBD oil in the EU. 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 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://cnw.fm/TGOD

About CanadianCannabisWire

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

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

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420 with CNW – USDA Publishes Report on the Status of the Canadian Hemp Industry

The U.S. Department of Agriculture (USDA) has released a report that provides details about the status of the hemp industry in neighboring Canada.

The six-page document which was authored by the Agriculture Attaché Evan Mangino indicates that while hemp was legalized in Canada close to 20 years ago and the U.S. only did so last year, the two countries are facing identical regulatory challenges.

Last year, Canada exported approximately 5,400 metric tons of hemp seeds. About 70 percent of those exports were to the U.S., but this figure is expected to drop a great deal once U.S. hemp farmers start harvesting their crop this year.

Until recently, farmers in the U.S. complained that it was hard for them to access viable hemp seeds from Canada. This prompted the USDA to write a clarification in April that under the 2018 Farm Bill, it was legal to import this planting material.

The report also states that most of the hemp grown in Canada is for nonviable hempseed. This is used to make hemp protein powder, hemp meal, hemp flour, hemp-based snacks and hulled hemp seeds.

The current regulatory framework in Canada doesn’t allow hemp or its products to be used as animal or pet food, and CBD isn’t allowed to be used as an ingredient in health supplements. However, the country plans to allow the manufacturers of livestock feed single ingredients (hemp seeds or hemp oil, for example) to apply and get approval to use the product for that purpose.

The hemp and natural products’ industries in Canada have continued to campaign so that the country designs a separate regulatory mechanism for products containing CBD, according to the status report published.

Veterinary associations in Canada have also been pushing for a legal pathway through which the members of those associations can start prescribing products containing cannabinoids, such as THC and CBD, to animals.

However, Canada has only approved one company to conduct clinical trials into the use of CBD and THC to manage anxiety in pets.

Despite the full legalization of cannabis in Canada, there are only three ways through which people can obtain CBD products.

First, residents can buy these products from retailers that have been licensed by provincial governments. This is similar to what happens for marijuana.

Secondly, Canadians can buy CBD products from medical marijuana dispensaries if those interested people are patients registered for the program and they have a prescription from a medical professional.

Alternatively, one can buy drugs containing CBD if the individual has a prescription for that drug and the specified drug has been vetted or approved by the appropriate health care authorities.

These ways to access CBD seem to be identical to what is currently prevailing in the U.S., and since the FDA has suggested that Congress may have to step in or else the agency takes years to develop alternative rules, there seems to be no quick solution to the regulatory challenges.

Industry watchers believe industry actors like Sugarmade Inc. (OTCQB: SGMD) and The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) are confident that appropriate regulations will eventually come and end all the uncertainty in the industry.

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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Health Canada Approval to Expand Operations into Hamilton Hybrid Greenhouse

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced its receipt of Health Canada approval, under the Cannabis Regulations, to expand operations into its new Hamilton, Ontario-based hybrid greenhouse. According to the update, the state-of-the-art 123,000 square foot facility will serve to increase TGOD’s premium organic cannabis production as it expands sales in Canada. “We are thrilled to start using this purpose-built hybrid greenhouse as we ramp up our production of premium organic cannabis, an underserved segment of the market,” TGOD CEO Brian Athaide stated in the news release. “Our team pioneered the concept of growing organic cannabis at scale; this hybrid greenhouse has been artfully designed for organic cultivation, allowing us to reliably produce clean, safe and non-irradiated cannabis.”

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About the Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman 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. TGOD also has organic-hemp CBD oil operations in Canada and through its wholly owned subsidiary HemPoland, which distributes premium-hemp CBD oil in the EU. 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 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.

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