TGOD announces C$15 million ATM equity program

On December 2, 2020, The Green Organic Dutchman Holdings Ltd. ("TGOD") announced that it established an at-the-market equity program (the “ATM Program”) allowing the company to issue and sell up to C$15,000,000 of common shares from treasury to the public from time to time at the prevailing market price through the Toronto Stock Exchange or another marketplace upon which the common shares are listed, quoted or otherwise traded, at the company's discretion.

Distributions of the common shares under the ATM Program will be made pursuant to the terms of an equity distribution agreement dated December 2, 2020 with the agent, Canaccord Genuity Corp. (“Canaccord”). The ATM Program will be effective until December 31, 2021 unless terminated prior to such date by TGOD or Canaccord.

The ATM Program is designed to provide TGOD with additional financing flexibility should it be required in the future. TGOD intends to use the net proceeds from the ATM Program, if any, for general corporate purposes and working capital needs, including the repayment of indebtedness.

Further information can be found on Canada Newswire’s website.

The Green Organic Dutchman Holdings is a premium certified organically grown cannabis company focused on the health and wellness market. Its organic cannabis is cultivated in living soil, as nature intended.