The only other time we’ve mentioned Green Organic Dutchman Ltd (OTCMKTS: TGODF) here on Street Register was earlier this month when we mentioned AURORA CANNABIS IN COM NPV (OTCMKTS:ACBFF) as we often do, and noted that Aurora had made a strategic investment in TGODF.
Like Aurora, Green Organic Dutchman 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 from its facilities in Ancaster, Ontario. The company has recently announced an agreement that could allow it to occupy an interesting niche in the cannabis consumables category.
Green Organic Dutchman Ltd (OTCMKTS: TGODF) entered into an exclusive agreement with Stillwater Brands to license RIPPLE SC (Soluble Cannabinoids) ingredient technology, and other proprietary beverage and food technologies and formulations related to cannabinoid-infused consumer packaged goods including micro-dose and full-dose tea sticks within Canada and certain international jurisdictions outside of the USA.
RIPPLE SC is a proprietary, patent-pending suite of low-calorie, fast-acting, water-soluble ingredient products that allows consumers or commercial manufacturers to simply and easily infuse cannabinoids into beverage and food products. RIPPLE SC is formulated to absorb into the bloodstream within fifteen minutes and last for up to four hours, allowing RIPPLE SC-based edibles to offer a uniquely consistent and controlled experience that consumers can trust. Further, while cannabis is by nature fat soluble, edibles utilizing RIPPLE SC’s unique technology require no added fat to carry cannabinoids or sugar to mask cannabinoids’ natural bitterness. As a result, RIPPLE SC enables healthier, better-tasting edibles with no additional sugar, fat, or artificial flavorings.
RIPPLE SC has already proven its value in Colorado, where its consumer variant (marketed as Ripple Dissolvables) is among the fastest-growing products in the edibles category. RIPPLE SC technology also powers other high-end consumer brands such as Stillwater Tea and Whitewater Tea.
TGOD intends to offer Ripple Dissolvables and other Stillwater Brands products and formulations in international markets outside of the USA where regulations allow, as well as in the Canadian market once permitted by the Canadian regulatory regime. Further, TGOD intends to aggressively work on other novel formulations in the beverage, functional foods and dietary supplements areas which will contemplate using RIPPLE SC as the base water-soluble cannabinoid input.
“We believe that soluble cannabinoids and the consumer benefits they enable represent the future of functional foods,” said Justin Singer, CEO of Stillwater Brands. “TGOD’s emphasis on organic, high-quality consumer products makes the Company an ideal partner to carry our vision into the Canadian and international markets.”
“We are excited to have the opportunity to provide a platform to introduce Stillwater’s advanced technologies and formulations worldwide using TGOD’s premium organic ingredients,” said Rob Anderson, Co-Chairman and CEO of TGOD. “This technology will allow TGOD to provide patients and customers around the globe with novel and effective dose-controlled delivery systems that are safer, more standardized, and more discreet than most current cannabinoid delivery systems.” (Source: Globe Newswire)
TGODF has made a rapid rise in the Canadian cannabis business, having obtained upwards of $290 Million from over 5,000 shareholders. That includes the $78M that ACBFF invested in its 17.5% stake in TGODF. That in and of itself is enough intrigue for us to remain watchful over TGODF moving forward. We’ll be sure to continue looking out for key events. We’ll stay up on any further developments with TGODF and pass them along to you! Stay locked on StreetRegister.com and be sure you’re signed up for our 100% free small cap newsletter. It’s as easy as that! Simply submit your primary active email address in the box below. Subscribe now!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in TGODF stock, short or long.