When the cannabis company’s facilities in Ancaster, a community in Hamilton, are completed, they will be capable of growing 17,500 kgs of organic cannabis per year
() (OTCQX:TGODF) is to start producing cannabis in its hometown of Hamilton, Ontario, as it confirmed Friday that the company and the city council have finalised a settlement.
In addition, the local planning appeal tribunal approved the settlement at a meeting yesterday, May 2.
READ: The Green Organic Dutchman, Epican Medicinals win second retail licence to open another retail dispensary in Jamaica
When the cannabis company’s facilities in Ancaster, a community in Hamilton, are completed, they will be capable of growing 17,500 kgs of organic cannabis per year.
"This completes this chapter of our journey," said Brian Athaide, CEO of TGOD.
"We look forward to growing and producing high-quality, certified organic cannabis right here in our home town. We are committed to the city and look forward to working with our neighbors, local businesses and the community."
As reported in March this year, the newly-built greenhouse is expected to begin growing cannabis by June and will employ up to 85 people.
The Green Organic Dutchman boasts operations focused on medical cannabis in Canada, Europe, the Caribbean and Latin America, as well as the Canadian recreational market.
TGOD has a planned capacity of 219,000 kgs and is building 1,643,600 sq ft of cultivation and processing facilities across Ontario, Quebec, Jamaica and Denmark.
Dutch founders
Established by Dutch founders, the company grows organic cannabis in high-technology, eco-friendly and sustainable facilities.
The cannabis is grown naturally without the use of synthetic pesticides, herbicides or fertilizers and wrapped in eco-friendly packaging.
Shares in Toronto added over 2% to $4.32 each.
Contact Giles at [email protected]
Follow him on @Gile74
