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The Green Organic Dutchman Holdings Ltd

The Green Organic Dutchman bolsters its western Canadian footprint with new supply agreement

The Toronto-based cannabis company secured a cannabis supply arrangement with Alberta Gaming, Liquor & Cannabis, the Canadian province’s legal, recreational online cannabis store

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The Green Organic Dutchman is Canada's largest licensed producer of 100% certified organic cannabis flower and oils

The Green Organic Dutchman Holdings Ltd (TSE:TGOD) (OTCMKTS:TGODF) is expanding its footprint throughout western Canada thanks to a new supply agreement in the province of Alberta.

The Toronto-based cannabis company announced Friday that it has secured a cannabis supply arrangement with Alberta Gaming, Liquor & Cannabis, the Canadian province’s legal, recreational online cannabis store.

"Alberta is an important market for us as we continue to expand our distribution channels across Canada," said Brian Athaide, CEO of TGOD. "With our production facilities in Hamilton, Ontario and Valleyfield, Quebec coming online in phases, we are thrilled to start distributing TGOD's premium certified organic cannabis to AGLC."

READ: The Green Organic Dutchman beats on revenue and holds strong cash position in 1Q

The agreement was facilitated in collaboration with its distribution partner Velvet Management Inc.

TGOD has been making significant strides in recent weeks to bolster its presence throughout Canada, including a new supply agreement with the BC Liquor Distribution Branch, which operates under BC Cannabis Stores, British Columbia's public retailer of non-medical cannabis.

The Green Organic Dutchman is Canada's largest licensed producer of 100% certified organic cannabis flower and oils.

Established by Dutch founders, the company grows organic cannabis in high-technology, eco-friendly and sustainable facilities. The cannabis is grown naturally in Canadian soil without the use of synthetic pesticides, herbicides or fertilizers and wrapped in eco-friendly packaging. The result is a cleaner, premium product for the medical and recreational markets.

Shares of TGOD slipped 0.5% at C$4.03 in Toronto and at US$3 on OTC markets.

--Updates with share price--

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Quick facts: The Green Organic Dutchman Holdings Ltd

Price: $2.42

Market: TSX
Market Cap: $666.58 m
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