- Enhances TGOD’s present distribution agreements with different medical hashish distributors
- Additional expands TGOD’s distribution inside the medical market and offers alternatives for future development because the Canadian medical market continues to evolve
- In step with TGOD’s strategic choice to shift its medical enterprise to a wholesale mannequin
TORONTO, Feb. 11, 2021 /PRNewswire/ – The Inexperienced Natural Dutchman Holdings Ltd. (“TGOD” or the “Firm”) (TSX: TGOD) (US: TGODF), a number one producer of premium licensed organically grown hashish, is happy to announce that it has signed a provide settlement with CannMart, a subsidiary of Namaste Applied sciences Inc., making its licensed natural medical hashish merchandise accessible through CannMart’s on-line medical hashish gross sales platform.
“Working with established gamers akin to CannMart expands our distribution footprint inside the medical hashish market, whereas permitting TGOD to focus medical assets on analysis and innovation,” commented Sean Bovingdon, TGOD’s Chief Monetary Officer and Interim Chief Government Officer. “Their attain and scale facilitate entry to hashish therapies for sufferers throughout Canada.”
“We’re happy to welcome TGOD to CannMart.com and sit up for working carefully with them to increase their attain to Canadian hashish shoppers,” commented Chad Agate, CTO and VP, Market of Namaste Applied sciences. “We proceed to leverage our Market Platform, VendorLink, as we’re more and more seeing the added worth Namaste’s modern expertise can deliver to organizations akin to TGOD.”
Beneath the two-year time period settlement, TGOD will present CannMart with a broad portfolio of licensed natural medical hashish merchandise, together with premium dried flower, RIPPLE dissolvable powder, gummies, and teas.
About The Inexperienced Natural Dutchman Holdings Ltd.
The Inexperienced Natural Dutchman Holdings Ltd. (TSX: TGOD) (US–OTC: TGODF) is a premium licensed organically grown hashish firm targeted on the well being and wellness market. Its natural hashish is cultivated in dwelling soil, as nature supposed. The Firm is dedicated to cultivating a greater tomorrow by producing its merchandise responsibly, with much less waste and impression on the surroundings. Its two Canadian services have been constructed to LEED certification requirements and its merchandise are offered in recyclable packaging. In Canada, TGOD sells dried flower and oil, and just lately launched a sequence of subsequent–era hashish merchandise akin to hash, vapes, natural teas and dissolvable powders. By way of its European subsidiary, HemPoland, the Firm additionally distributes premium hemp CBD oil and CBD-infused topicals in Europe. By leveraging science and expertise, TGOD harnesses the facility of nature from seed to sale.
TGOD’s Widespread Shares and warrants issued below the indentures dated November 1, 2017, December 19, 2019, June 12, 2020, October 23, 2020 and December 10, 2020 commerce on the TSX below the image “TGOD”, “TGOD.WT”, “TGOD.WS”, “TGOD.WR”,”TGOD.WA” and “TGOD.WB”, respectively, and TGODF trades within the US on the OTCQX. For extra data on The Inexperienced Natural Dutchman Holdings Ltd., please go to www.tgod.ca.
This information launch contains statements containing sure “ahead–wanting data” inside the which means of relevant securities regulation (“ahead–wanting statements”). Ahead wanting statements on this launch embody, however will not be restricted to, statements about distribution agreements, statements concerning the development of the medical market and statements about the way forward for medical hashish therapies. Ahead–wanting statements are steadily characterised by phrases akin to “plan”, “proceed”, “count on”, “mission”, “intend”, “ought to”, “consider”, “anticipate”, “estimate”, “could”, “will”, “potential”, “proposed” and different related phrases, or statements that sure occasions or situations “could” or “will” happen. These statements are solely predictions. Varied assumptions had been utilized in drawing the conclusions or making the projections contained within the ahead–wanting statements all through this information launch. Ahead–wanting statements are primarily based on the opinions and estimates of administration on the date the statements are made and are topic to quite a lot of dangers and uncertainties (together with market situations) and different components that would trigger precise occasions or outcomes to vary materially from these projected within the ahead–wanting statements, together with these threat components described within the Firm’s most just lately filed Annual Data Kind accessible on SEDAR. The Firm is below no obligation, and expressly disclaims any intention or obligation, to replace or revise any ahead–wanting statements, whether or not on account of new data, future occasions or in any other case, besides as expressly required by relevant regulation.
Neither the TSX nor the TSX’s Regulation Companies Supplier (as that time period is outlined within the insurance policies of Toronto Inventory Change) settle for duty for the adequacy or accuracy of this launch.
SOURCE The Inexperienced Natural Dutchman Holdings Ltd.