No idea butThe Green Organic Dutchman casts sail toward U.S. for beverage play
The Green Organic Dutchman
announced Wednesday it’s entering the American beverage market as a co-founding investor and strategic partner in Califormulations. Based out of Georgia, Califormulations will provide beverage support for companies looking to develop hemp-derived CBD beverages. This will include “formulation development, technical services and in-house pilot scale production and manufacturing co-ordination,” the company said in a release. TGOD will also work with Califormulations to launch branded hemp-based CBD beverages. While most of Califormulations strategy is U.S.-based, the company will focus on producing and shipping non-infused beverage concentrates to TGOD-owned and contracted manufacturing facilities around the world, including Canada. Earlier this week, TGOD
recently announced it had reached a settlement with the city of Hamilton over its plans to build a 123,000-square-foot facility in Ancaster.