10:52 AM EST - The Green Organic Dutchman Holdings Ltd. : Provided the following update on its operations. TGOD is committed to becoming the largest organic cannabis brand in the world, and the Company is on an excellent path with the additional $75 million bought deal financing announced last week. This additional capital will be used to advance the Company's rapid and strategic international expansion plan, with the next phases of growth to focus on Europe and Latin America. With potential consumer populations of nearly 750,000,000 and 650,000,000 respectively, these markets represent a key development opportunity in the Company's global growth plan. The Company will utilize the funds from the financing to establish strategic product manufacturing, which adheres to the Company's proprietary organic growing principles, and robust sales and distribution capabilities across Europe and Latin America. Within these markets and beyond, TGOD will continue to invest in global cultivation opportunities and technology partnerships to deliver unique and innovative forms of its premium organic product to consumers. The Green Organic Dutchman Holdings Ltd.
shares T.TGOD are trading down 33 cents at $6.21.
