TORONTO, March 30, 2020 /CNW/ - PRESS RELEASE - The Green Organic Dutchman Holdings Ltd. (TGOD), a producer of premium certified organic cannabis, has announced that it has received Health Canada's approval for the licensing of the final component of its Ancaster site, the processing facility.
The license amendment includes approval of a state-of-the-art production facility designed to support processing activity including dedicated spaces for packaging of flower, oils, pre-rolls and several Cannabis 2.0 products.
This final phase of expansion at Ancaster enables TGOD to reduce its reliance on third parties, accelerating its supply chain timelines for product launches. Receiving the license amendment for this large facility also enhances TGOD's quality assurance capabilities and marks a key milestone in eliminating bottlenecks in its production ramp up.
The license amendment is valid until Aug. 16, 2022 and is subject to customary terms and conditions.
"Receiving this license amendment was a key element of our 2020 operating plan. We made significant investments in this state-of-the-art facility, and now that it is fully licensed, Ancaster can finalize the ramp up of its production capacity," commented Brian Athaide, CEO of TGOD. "The processing facility reduces our reliance on third parties for packaging, secured storage, and for our next wave of 2.0 product launches. Beyond the successful launch of our TGOD Infusers, we are planning to launch a series of differentiated consumer packaged goods, including organic teas and vapes in Q2, as well as edibles, beverages and topicals later this year."
