Completes Strategic Acquisition of Galaxie Brands TORONTO, Nov. 18, 2021 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (CSE: TGOD) (US-OTC: TGODF), a leading producer of premium certified organically grown cannabis, is pleased to announce that further to its news release dated November 1, 2021, it has completed the acquisition (the "Transaction") of all of the issued and outstanding shares (the "Galaxie Shares") of Galaxie Brands Corporation ("Galaxie").
"This is an exciting day for both TGOD's and Galaxie's teams. As per our strategic plan, the completion of the Transaction allows TGOD to accelerate domestic growth. With Galaxie's innovation and operating capabilities, scale and efficiencies, the combined entity will build stronger revenues and financial performance." said Sean Bovingdon, CEO and interim CFO of TGOD.