The Green Organic Dutchman (TSX: TGOD) announced this morning that its Valleyfield, Quebec facility has officially received organic certification from Pro-Cert. Pro-Cert is an internationally recognized organic licensing body that is ISO 17065 compliant.
The certification will enable the Valleyfield facility to become the largest organic certified facility in the world. It’s anticipated that upon final build out the footprint will be approximately 1.3 million square feet.
“It’s exciting to reach new milestones as we begin commercial production. Growing certified organic cannabis at scale is a highly complex process which has taken time, great care and extensive research to refine. Each of our facilities goes through a robust certification process, in line with the high standards we have set, ensuring operational excellence at all stages,”Brian Athaide, CEO of TGOD
Notably, the facility has yet to achieve substantial scale as the first phase of the operation is under construction, with expected completion near the tail end of 2019. While a licensed breeding facility exists on site, the operation is used primarily for research and development.
In terms of size, phase 1A of the facility upgrade will see a total production capacity of 65,000 KG of organic cannabis being produced per annum. Phase 1B, with expected completion in 2020, will double that capacity to 130,000 KG. Upon substantial completion of the facility in 2021, TGOD anticipates that the facility will be capable of producing up to 185,000 KG of cannabis annually.
Information for this briefing was found via Sedar and The Green Organic Dutchman. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.