TGOD Announces Conditional Approval of Listing Application on the Canadian Securities Exchange and Pending Voluntary Delisting from the Toronto Stock Exchange

CANNANNEW REPORT

The Green Organic Dutchman Holdings Ltd. (“TGOD” or the “Company“) (TSX: TGOD) (US: TGODF), a leading producer of premium certified organically grown cannabis, announces today that the Company intends to list its common shares (the “Common Shares“) and listed Common Share purchase warrants (the “Warrants“) on the Canadian Securities Exchange (the “CSE“), and has received conditional approval from the CSE to do so. The Company is currently addressing all outstanding items to receive final approval of its application (the “Listing Application“) to list its Common Shares and Warrants on the CSE (the “CSE Listing“). Pursuant to Part VII, Section 720 of the Toronto Stock Exchange (the “TSX“) Company Manual, the Company has also submitted an application to the TSX to voluntarily delist (the “Voluntary Delisting Application“) its Common Shares and Warrants. The Voluntary Delisting Application is subject to TSX approval. The board of directors and management of the Company believe that listing the Common Shares and Warrants on the CSE will be beneficial to the Company and its securityholders, as a result of the Company being subject to reduced filing fees and obligations. In line with recent corporate objectives, the CSE Listing will allow the Company to accelerate plans for an entry into the United States (“U.S.“) market.  As mentioned in the Company’s most recent quarterly results communication, initial discussions have commenced with approximately half a dozen groups in the U.S., in respect of the Company’s plans to enter into the U.S. market. In order to advance these discussions, the CSE Listing is vital to show credibility in terms of being able to make an investment or complete a transaction. “We are motivated to advance our discussions past the initial phase and look forward to sharing our plans with investors as the opportunities progress,” said Sean Bovingdon, Chief Executive Officer and Interim Chief…

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Source : TGOD Announces Conditional Approval of Listing Application on the Canadian Securities Exchange and Pending Voluntary Delisting from the Toronto Stock Exchange

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