TGOD: Great question. This is one we have played around with quite a bit. With Health Canada’s regulations surrounding branding we wanted to ensure we kept one of our largest differentiating factors “organic” in our name. We pride ourselves on not just organic growing with organic growing principles but the whole farm, solar panels, geothermal heating, community gardens, our goal has always been to create a green, organic and sustainable Company that actually gives back to the community. With 4,000 shareholders we owe it to ourselves to lead the way in this effort, GMP compliant facilities, recycled rain water and efficient LEED certified operations are all part being green and part of our name. The Dutchman portion comes from the two original founders from 2012, and roots back to the Netherlands with an emphasis on high quality Cannabis. Everything about our name embodies the vision of the Company, so we decided to keep it, and we love it!
CCIM: Cheers. So you have your cultivation license and your dry sales license as per the Health Canada website. What is your strategy with respect to oil and, in time, consumables?
TGOD: Well, for us, Cannabis is an ingredient. Cannabis will be packaged up and sold as any other packaged good in the Consumer Packaged Good’s Industry (“CPG”). In order to produce these products, extraction is key. Health Canada has announced that within 12 months of adult use recreational, we’ll see edibles and beverages infused with cannabis enter the market. For the Federal Government this is crucial to eliminating the black market and something we feel may be coming even sooner. Which it’s why it’s so important to start creating not only products in this industry, but branding as well. We want to be ahead of the curve and this is one of the many things we’re working on behind the scenes that will be talked about more in the coming months.
CCIM: In 2016, we introduced our readers to the concept that one must view this industry as an ecosystem in its infancy that is constantly being transformed. As part of that transformation, the consolidation curve cannot be avoided and that includes M&A as well as joint ventures and other strategic partnerships? Would you agree and, to the degree that you answer, is TGOD looking at expanding its footprint through these channels?
TGOD: Absolutely. We have raised over $150 million to date and have a financial plan laid out to get us well over $250 million. With that kind of capital, you better believe we have a significant plan in place for both international expansion and M&A. I can’t say too much but we plan to make a lot more noise as a Company in the coming months.
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