CannabisNewsBreaks – The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) Releases Financials, Achievements for Q2
Aug 13, 2020
The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified-organic cannabis, officially filed its Q2 financial results; the filing also included highlights for the quarter ended June 30, 2020. The report notes that total revenues for the quarter reached $4.83 million, an increase of 58% over the first quarter of 2020, with revenue for Canadian cannabis totaling $2.72 million, an increase of 309% compared to Q1 2020. “Since the beginning of the global pandemic, our top priority has been the health and safety of our employees, customers, and patients,” said TGOD CEO Brian Athaide in the press release. “Despite the additional layer of complexity, we continued bringing innovation to market, seeing sequential month-over-month growth during the quarter while cutting costs and reducing our cash burn rate. While we are not where we had expected to be at this time, we are seeing strong momentum on our innovative products and will continue to right-size our business plans with a focus on getting our monthly run rate to a scale which delivers positive operating cash flow by the end of the year.”
To view the full press release, visit http://cnw.fm/K0Mrz
About The Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman Holdings is a premium, certified-organic cannabis company focused on the health and wellness market. Its certified–organic cannabis is grown in living soil, as nature intended. The company is committed to cultivating a better tomorrow by producing its products responsibly with less waste and impact on the environment. Its two Canadian facilities have been built to LEED certification standards and its products are sold in recyclable packaging. In Canada, TGOD sells dried flower and oil, and recently launched a series of next–generation cannabis products such as organic teas, dissolvables and vapes. Through its European subsidiary, HemPoland, the company also distributes premium-hemp CBD oil and CBD-infused topicals in Europe. By leveraging science and technology, TGOD harnesses the power of nature from seed to sale. For more information about the company, please visit www.TGOD.ca.
NOTE TO INVESTORS: The latest news and updates relating to TGODF are available in the company’s newsroom at http://cnw.fm/TGOD
About CanadianCannabisWire
CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CanadianCannabisWire.com
Please see full terms of use and disclaimers on the CanadianCannabisWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer
Do you have a questions or are you interested in working with CNW? Ask our Editor
CanadianCannabisWire (CNW)
Toronto, Ontario
www.CanadianCannabisWire.com
905.674.5977 Office
[email protected]
More News
Is Cameron Winter Serious?
A new live solo album and concert film by Paul Thomas Anderson document the droll, and divisive, charms of the singer-songwriter and frontman of the band Geese.
Joey Arias and Basil Twist Resurrect Their Trippy ‘Arias With a Twist’
Joey Arias and Basil Twist have resurrected their trippy 2008 hit, “Arias With a Twist.” Just don’t call it drag.
5 Horror Movie Locations to Get You in the Halloween Spirit
Here’s one fan’s guide to visiting some of the genre’s fabled filming locations, from “The Shining” to “Friday the 13th.”
Story of Jackson Brothers Jackie, Jermaine, Tito and Marlon to Be Told in New Documentary Launching at Mipcom (EXCLUSIVE)
The four founding members of The Jackson 5 not named Michael are coming together for their own documentary for the first time. Workerbee (part of Banijay UK) and Paper Route Studios have secured exclusive access to Jackie, Jermaine, Tito and Marlon Jackson for a 90’ feature-length film, also available as a three-part doc series, set […]
ITV Studios Revs Up Scripted Dramas and Format Deals Amid Media Arm Sale Process
Andrea Riseborough is heading to the moon, “The Voice” is bound for Estonia and a much-loved U.K. natural history host is coming back to tell more fish stories. ITV Studios kicked off the Mipcom market in Cannes on Monday morning with a breakfast gathering to show off its broad slate of new and returning scripted […]
Good Formats Brings Two U.S. ‘El Rosco’ Pilots to Mipcom
Valencia-based Good Formats is presenting two U.S. pilots of the long-running European word game “El Rosco” at Mipcom, targeting North American buyers for the first time. Produced in Los Angeles, “Run the Ring” is a half-hour English-language version, while “El Rosco” runs for an hour in Spanish. Both feature Spanish TV presenter Christian Gálvez, who […]
Russell Brand Rape Trial Gets Underway In London
Russell Brand’s rape trial has officially commenced. Brand entered Southwark Crown Court on Monday wearing a gray suit, an open-neck white shirt, and a patterned cravat. He was accompanied by his wife, Laura, clasping her hand as he entered the building. Brand faces three charges of rape, three charges of sexual assault, and one charge […]
Russell Brand’s Rape and Sexual Assault Trial: What to Know
The YouTuber, comedian and actor’s trial began on Monday. He has pleaded not guilty to all of the charges.
Russell Brand arrives at court for start of rape trial
The 51-year-old actor and comedian denies charges of rape and sexual assault against six women.
Russell Brand’s Criminal Trial Begins in London as He Faces Rape and Sexual Assault Charges
Russell Brand has arrived to London’s Southwark Crown Court for the start of his criminal trial. The former actor and comedian has been charged with three counts of rape, three counts of sexual assault and one count of indecent assault. The charges were brought by the U.K.’s Crown Prosecution Service (similar to a D.A.) in […]
Kelly Clarkson's store feud escalates as NYC shop shares its side of the story
Kelly Clarkson's store feud escalates as NYC shop shares its side of the storyThe Brooklyn store, where Kelly Clarkson allegedly denied of buying a $15,000 singing bird ornament, has come up with "additional details" about the singer-songwriter's store visit.On Sunday, the Kelly Clarkson...
José Maria Cabral on Tallinn-Bound ‘Sh*t Happens,’ Boarded by Latido Films: ‘It’s About Class, Dependency and Power’
José María Cabral, a three-time Oscar hopeful for the Dominican Republic and the first Dominican filmmaker selected for Sundance, with 2017’s “Woodpeckers,” is set to deliver with the Tallinn competition entry “Sh*t Happens” his first dark comedy. An Almodovaresque tale of social divide and powerplay in a Dominican household where – literally – shit happens, […]
Recommended
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.