The Green Organic Dutchman
CSE: TGOD
IndustryCannabis
FoundersScott Skinner & Jeannette Vandermarel
Headquarters
Mississauga, Ontario
,
Canada
Websitehttps://www.tgod.ca

The Green Organic Dutchman, headquartered in Mississauga, Ontario, is a cannabis industry company listed on the Toronto Stock Exchange. The initial public offering (IPO), completed on May 2, 2018, was the industry's largest to date, and raised over CAD$115 million.[1][2][3] In September 2021, the company's stock moved from the Toronto Stock Exchange to the Canadian Securities Exchange.[4]

Valleyfield greenhouse

Green Organic Dutchman's Valleyfield greenhouse is an 820,000-square-foot (76,000 m2) facility on Boulevard Gérard-Cadieux in Valleyfield, Quebec (45°14′02″N 74°06′22″W / 45.234°N 74.106°W / 45.234; -74.106).[3][5] Power rates the company secured were reported to be 4 cents per kilowatt-hour, attributed to the nearby Beauharnois Hydroelectric Generating Station.[6] The greenhouse, when completed, will be over twice the area of Tweed Farms, Canada's largest cannabis greenhouse in 2014. The Valleyfield greenhouse was still under "early phase" of construction in mid 2018.[7]

References

  1. ↑ Scott Deveau (March 23, 2018), "Marijuana grower Green Organic Dutchman said to raise $100 million in IPO", Financial Post, Bloomberg
  2. ↑ Keith Speights (May 20, 2018), "This Was the Biggest Marijuana IPO in History -- but Is the Stock a Buy?", Motley Fool
  3. 1 2 François Desjardins (16 September 2017), "Le Québec, terre promise des producteurs de cannabis" [Quebec, the promised land for producers of cannabis], Le Devoir (in French), Montreal
  4. ↑ "TGOD Announces Conditional Approval of Listing Application on the Canadian Securities Exchange and Pending Voluntary Delisting from the Toronto Stock Exchange" (Press release). CNW Group. August 26, 2021.
  5. ↑ Mario Pitre (19 January 2018), "Investissement de 150 M$ pour la production de cannabis - Saint-François", Journal Saint Francois (in French), Valleyfield, Quebec
  6. ↑ "Un important producteur de cannabis s'implante à Valleyfield", Journal Saint Francois (in French), Valleyfield, Quebec, 19 September 2017
  7. ↑ Mark Rendell (July 13, 2018), "Rejection of Hamilton-area expansion plan a setback for cannabis grower Green Organic", The Financial Post


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