TORONTO, June 04, 2018 (GLOBE NEWSWIRE) -- The Green Organic Dutchman Holdings Ltd. (the “Company”
or “TGOD”) (TSX:TGOD) has been requested by the Investment Industry Regulatory Organization of Canada (IIROC) to
comment on the recent increase in the trading volume and price of the Company's common shares on the TSX Exchange. The Company is
not aware of any material change in its business or affairs that has not been publicly disclosed and that would account for the
recent increase in volume or price.
The Company is in advanced negotiations with multiple international companies, one of which is a completely vertically
integrated company. No definitive agreement has been entered into at this time and there can be no assurance that a transaction
will be consummated.
On Behalf of the Board of Directors,
The Green Organic Dutchman Holdings Ltd.
Robert Anderson
Chief Executive Officer and Co-Chairman
ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD.
The Green Organic Dutchman Holdings Ltd. is a research & development company licensed under the Access
to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis. The Company
carries out its principal activities producing cannabis from its facilities in Ancaster, Ont., pursuant to the provisions of
the ACMPR and the Controlled Drugs and Substances Act (Canada) and its regulations.
The Company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD's products
are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded
capacity of 116,000 kg and is building 970,000 sq. ft. of cultivation facilities in Ontario and Quebec.
The Company has developed a strategic partnership with Aurora Cannabis Inc. (TSX:ACB) whereby Aurora has
invested approximately $78.1 million for an approximate 17.5% stake in TGOD. In addition, the Company has raised approximately $290
million dollars and has over 5,000 shareholders.
TGOD’s Common Shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the
symbol "TGOD" and “TGOD.WT”, respectively.
CONTACT INFORMATION
Investor Relations
Email: invest@tgod.ca
Phone: 1 (416) 900-7621
www.tgod.ca
Forward-Looking Information Cautionary Statement
This news release includes
statements containing certain "forward-looking information" within the meaning of applicable securities law ("forward-looking
statements"). Forward looking statements in this release includes, but is not limited to, statements about the future legalization
of recreational cannabis and cannabis-infused products in Canada, statements about the offering of any particular products by the
Company and statements regarding the future performance of the Company. Forward-looking statements are frequently characterized by
words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential",
"proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are
only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the
forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of
management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is
under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of Toronto Stock
Exchange) accept responsibility for the adequacy or accuracy of this release.
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