TGOD revs up Canadian hemp strategy to accelerate time to market

The Green Organic Dutchman Holdings Ltd. (TGOD) has entered into an initial two-year extraction services contract with Valens GroWorks Corp.

 

 

The partnership will accelerate TGOD’s Canadian hemp strategy and allow for its early market entry into organic, hemp-derived CBD product lines within the coming months, reports TGOD, a global organic cannabis company with operations focused on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market.

The expectation is that TGOD will use the concentrated cannabinoid resins and distillates to produce oils, sprays and capsules, as well as oils for vaporization and future edible, beverage and topical products.

As per the agreement, TGOD will supply Valens—a licenced provider of cannabis products and services specializing in proprietary extraction, distillation, cannabinoid isolation and purification technologies—with significant quantities of cannabis and hemp. In exchange, Valens will provide extraction purification services processing the cannabis and hemp into premium quality resins and distillates, the press release states.

 

 

Specifically, Valens will “process, extract and purify TGOD’s cannabis and hemp biomass under conditions specified by TGOD as demanded by final product manufacturing and formulation requirements,” the statement notes.

Pointing out that the partnership will add significant bench strength to TGOD’s extraction capabilities in Canada, Poland and Jamaica, the company expects “the importance of high-quality cannabis oils will continue to greatly increase as patients and consumers look for safer and healthier delivery methods,” the statement adds.

“Organic resonates with consumers, and Valens looks forward to helping accelerate TGOD’s time to market with the launch of its hemp-derived CBD product line in the coming months,” says Valens CEO Tyler Robson.

 

 

TGOD and Valens have been working together to help expedite the pathway to organic certification for Valens’ organic processing methodologies. “Upon certification, TGOD will have exclusive access to services provided by Valens for certified organic extraction processing for a period of one year,” the press release states.

“Being first to market in Canada with organically certified hemp-derived CBD products allows TGOD to capture organic CBD market share securing future growth in this newly legalized cannabinoid vertical,” the company adds.

 

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