The Green Organic Dutchman (TGODF) announced that effective today sales of certified-organic cannabis have started with national distribution to medical patients. The Growers’ Circle is a select group of patients across Canada now receiving TGOD’s first certified-organic flower. The Growers’ Circle launch is a limited production rollout of the Company’s premium product, allowing TGOD to perfect its distribution ahead of its production ramp-up and scaled rollout this year.
“The launch of the Growers’ Circle is another significant moment in TGOD’s commercial story,” said Brian Athaide, Director and Chief Executive Officer. “Our certified-organic cannabis is a premium experience for patients. We are proud of our product and excited to be sharing it with Growers’ Circle members.”
TGOD cannabis is grown in living soil without synthetic fertilizers, pesticides or herbicides. TGOD cannabis is certified-organic by ECOCERT and Pro-cert, pre-eminent global certification bodies. Hill & Knowlton consumer research confirmed that 60% of medical cannabis patients prefer certified-organic product. TGOD flower is packaged in recyclable glass jars and speaks to the Company’s product quality, sustainability and regenerative philosophy.
TGOD is now shipping its Unite Organic strain to over 200 medical patients across Canada. “It’s been a rewarding experience to get to this point, talking with consumers and understanding their needs, through to growing and cultivating organic product,” said Csaba Reider, President of TGOD. “Growing organic requires patience, and we know that our cannabis was worth the wait.”
TGOD Growers’ Circle members will receive a state-of-the-art online and app experience that provides timely information on individual medical needs. “We have spent months talking with consumers about their preferred cannabis experience,” said Andrew Pollock, Vice President of Marketing for TGOD. “We believe that through our website, the experience – from signup to follow-up, to ongoing care – will be the finest in the industry.”
TGOD will be expanding the list of Growers’ Circle members as more supply comes online, as well as becoming a significant presence in the recreational market.
TGODF stock closed today at $3.65, up $0.08 or 2.24%.
Most analysts on Wall Streets are out rooting for TGODF to be a winning cannabis stock pick, as TipRanks analytics showcase the stock as a Strong Buy. Based on 4 analysts polled in the last 3 months, three are bullish on TGODF stock while one remains sidelined. The 12-month average price target stands at $5.39, marking a nearly 48% upside from where the stock is currently trading.(See TGODF’s price targets and analyst ratings on TipRanks)
To read more on the nitty gritty of what’s going on in the rising cannabis industry, click here.
