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michel gagné tgod

In addition, Michel Gagné, Vice President of Operations, has been appointed Chief Operating Officer ("COO"), overseeing the Company’s cultivation and processing operations, supply chain and product development. Its organic cannabis is cultivated in living soil, as nature intended. TGOD Chief Financial Officer, Sean Bovingdon, has been appointed Interim CEO. your password Learn More, ${ cart.gramsTotal }g of ${ cart.gramsAllowed }g max. Get BOGO deals from five CBD this holiday season your username. In addition, Vice President of Operations Michel Gagné will assume the role of chief operating officer. TGOD saw total revenues for Q3 2020 total $5.7 million, which represents a 119% increase over the same quarter last … A, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, https://produceredition.webcasts.com/starthere.jsp?ei=1398895&tp_key=a3ee2c0b4a. Excluding these severances and one-time CEWS benefit, underlying G&A reduced by $1.6 million or almost 30% versus the prior quarter. TGOD's Common Shares and warrants issued under the indentures dated November 1, 2017, December 19, 2019, June 12, 2020 and October 23, 2020 trade on the TSX under the symbol "TGOD", "TGOD.WT", "TGOD.WS", "TGOD.WR" and “TGOD.WA”, respectively, and TGODF trades in the US on the OTCQX. A higher standard of organic growing means no synthetic chemicals or pesticides. These filings are available for review on the Company's SEDAR profile at www.sedar.com. The Company obtained a European Union Good Manufacturing Practice ("EU-GMP") certificate for its Ancaster facility, enabling it to commence exporting its premium certified organic products to Germany for validation in preparation for commercialization in 2021. An audiocast of the conference call will be available on a listen-only basis at: https://produceredition.webcasts.com/starthere.jsp?ei=1398895&tp_key=a3ee2c0b4a. This non-cash charge has no direct impact on the Company’s operations or liquidity. For more information on The Green Organic Dutchman Holdings Ltd., please visit www.tgod.ca. Loss from operations decreased by 68% in Q3 2020 compared to Q3 2019 to $6.34 million, primarily driven by increased gross profit and decreased operating expenses. About The Green Organic Dutchman Holdings Ltd. Get the latest news, financial updates and other essential investor information. Vice President of Operations Michel Gagné was promoted to CFO. A replay of the call will also be available through November 18, 2020 by dialing 1-416-764-8677 or 1-888-390-0541 (Passcode: 691087#). General and administrative expenses of $5 million for the quarter decreased in comparison to expenses of $13.34 million during the prior-year period and represent a decrease of $0.71 million from Q2-2020. By leveraging science and technology, TGOD harnesses the power of nature from seed to sale. ... TGOD’s Common Shares … The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward‐looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. In addition, Michel Gagné, Vice President of Operations, has been appointed Chief Operating Officer ("COO"), overseeing the Company's cultivation and processing operations, supply chain and product development. TGOD has recently made changes to its operations leadership structure and appointed Michel Gagné as Vice President, Operations. TGOD Chief Financial Officer, Sean Bovingdon, has been appointed Interim CEO. Forward–looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties (including market conditions) and other factors that could cause actual events or results to differ materially from those projected in the forward–looking statements, including those risk factors described in the Company's most recently filed Annual Information Form available on SEDAR.  The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward–looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. Of that, $3.84 million was … Shares : 0 (0) Chief Financial Officer Sean Bovingdon to serve as Interim Chief Executive Officer Michel Gagné appointed Chief Operating Officer Total revenue of $5.71 million, an increase of 119% over Q3-2019 Canadian… The Company completed the necessary equipment transfers to transform its Valleyfield facility into a production and processing hub for its 2.0 products following challenges with third-party processing. Net loss of $76.24 million consisting primarily of a non-cash impairment charge of $67.84 million realized during the quarter to reflect changes in the timing of accessing market demand, sales price compression across the industry, and the resulting slower revenue ramp up and growth. Registered patients with an active prescription can order certified organic cannabis products directly from TGOD. Forward looking statements in this release includes, but is not limited to, statements about revenues, production timelines, production volumes, general and administration costs, statements about the launch and distribution of the Company's new THC strains, mainstream cannabis and 2.0 products, statements about its operations in Quebec, and statements regarding the future cashflows and future performance of the Company. In addition, Michel Gagné, Vice President of Operations, has been appointed Chief Operating Officer (“COO”), overseeing the Company’s cultivation and processing operations, supply chain and product development. The Company announced that Brian Athaide has left his positions as Chief Executive Officer ("CEO") and board director effective immediately. Date: November 11, 2020 | Time: 9:00 a.m. Eastern TimeParticipant Dial-InLocal – Toronto: 1-416-764-8688Toll Free – North America: 1-888-390-0546Conference ID – 68691087. Please remove ${ cart.gramsTotal - cart.gramsAllowed }g. We're the global leader in cultivating premium, certified organic cannabis. "On behalf of the board of directors, we thank Brian Athaide for his contribution to TGOD, and I … In addition, Michel Gagné, Vice President of Operations, has been appointed Chief Operating Officer (“COO”), overseeing the Company’s cultivation and processing … Forward‐looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "should", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. "During the third quarter, despite certain production challenges that have now been addressed, we continued to deliver growth following the launch of our mainstream brand, Highly Dutch, in Quebec as well as teas and RIPPLE dissolvable powders. The Green Organic Dutchman to Release Third Quarter Financial... Loss from operations decreased by 68% in Q3 2020 compared to Q3 2019 to, The Company obtained a European Union Good Manufacturing Practice ("EU-GMP") certificate for its, The Company completed the necessary equipment transfers to transform its, The Company launched Organic Afghan Black hash under the Highly Dutch brand in. Barron's also provides information on historical … Welcome! Log into your account. The Green Organic Dutchman Holdings Ltd. (OTC: TGODF) has entered into an agreement with Canaccord Genuity Corp. to purchase, on a bought deal basis an aggregate of 46,316,000 units at a price of $0.24 per Unit for aggregate gross proceeds to the Company of approximately C$11 million. A replay of the call will also be available through November 18, 2020 by dialing 1-416-764-8677 or 1-888-390-0541 (Passcode: 691087#). “We saw encouraging numbers in October as we sold more flower, additional RIPPLE and tea variants, and launched hash in Quebec. TGOD's Common Shares and warrants issued under the indentures dated November 1, 2017, December 19, 2019, June 12, 2020 and October 23, 2020 trade on the TSX under the symbol "TGOD", "TGOD.WT", "TGOD.WS", "TGOD.WR" and "TGOD.WA", respectively, and TGODF trades in the US on the OTCQX. Michel Gagné, TGOD's current Vice President of Operations, has been appointed COO. Chief Financial Officer Sean Bovingdon was tapped to fill in as CEO on an interim basis, with Vice President of Operations Michel Gagné moving into the CFO position. -The Green Organic Dutchman Holdings Ltd., announced today its financial results for the third quarter of 2020 ended September 30, 2020, and leadership changes. Net revenue hovers $4.97 million, compared to revenue of $4.96 … The board of directors decided that a change in leadership was necessary to drive the Company forward as it enters its next phase of growth and continues to work towards achieving positive EBITDA and cash flow as rapidly as possible. Its two Canadian facilities have been built to LEED certification standards and its products are sold in recyclable packaging. About The Green Organic Dutchman Holdings Ltd. For more information on The Green Organic Dutchman Holdings Ltd., please visit www.tgod.ca. Explore our collection of certified organically grown cannabis products. The Company launched Organic Afghan Black hash under the Highly Dutch brand in Quebec with initial sales exceeding expectations. In addition, Michel Gagné, Vice President of Operations, has been appointed Chief Operating Officer ("COO"), overseeing the Company’s cultivation and processing operations, supply chain and product development. The Company continues to monitor and adapt to changing market conditions including but not limited to the ongoing impact of the COVID-19 pandemic and has implemented precautionary protocols which have enabled all operations to continue uninterrupted. Michel Gagné appointed Chief Operating Officer Total revenue of $5.71 million , an increase of 119% over Q3-2019 Canadian cannabis revenue of $3.84 million , … Express your organic lifestyle with our unique products. The 41% increase in revenue from Canada from Q2 to Q3 can be attributed to the entry into the Quebec market with the launch of the Company’s mainstream brand, Highly Dutch, which was introduced at the end of May 2020 and ramped up in Q3, along with the introduction of TGOD’s premium tea lineup. We are proud to offer a Patient Financial Assistance Program to eligible patients nation-wide. View Michel Gagne's business profile as Vice President, Operations at The Green Organic Dutchman Holdings. Our organic principles work to better the communities where we live and grow. Under the Company's new leadership, TGOD will operate with a renewed commitment to executional excellence and cost discipline as the Company drives revenue growth and operational stability. Athaide also is removed from the company’s board of directors. In addition, Michel Gagné, Vice President of Operations, has been appointed Chief Operating Officer ("COO"), overseeing the Company's cultivation and processing … Learn about our international brands that share a passion for organic cannabis. Everything you need to know about organic cannabis, product specifics and TGOD. The Company continues to monitor and adapt to changing market conditions including but not limited to the ongoing impact of the COVID-19 pandemic and has implemented precautionary protocols which have enabled all operations to continue uninterrupted. The Company anticipates validation will be completed by the end of 2020, subsequently enabling export of medical cannabis products for commercialization to Europe and other jurisdictions. Neither the TSX nor the TSX's Regulation Services Provider (as that term is defined in the policies of Toronto Stock Exchange) accept responsibility for the adequacy or accuracy of this release. TGOD dismissed its CEO, Brian Athaide simultaneous with the release of its figures. Each warrant entitles the holder to acquire one Common Share of the Company until October 23, 2025 at an exercise price of $0.30 per warrant. Sign up for the latest news and product updates so you don't miss out. Neither the TSX nor the TSX's Regulation Services Provider (as that term is defined in the policies of Toronto Stock Exchange) accept responsibility for the adequacy or accuracy of this release. TGOD Chief Financial Officer Sean Bovingdon has been appointed Interim CEO. SOURCE The Green Organic Dutchman Holdings Ltd. Cision Distribution 888-776-0942 On October 2, 2020, the Company agreed with its senior lender to extend the maturity date for its senior secured credit facility to December 15, 2021, in exchange for payment of a financing fee of $0.4 million and repricing of common share purchase warrants to purchase 7,000,000 Common Shares expiring December 20, 2022 from an exercise price of $1.00 per share to an exercise price of $0.30 per share, and extension of the expiry date to November 2, 2025, and issuance of additional common share purchase warrants to purchase 1,000,000 Common Shares at an exercise price of $0.30 expiring November 2, 2025. Stock analysis for Green Organic Dutchman Holdings Ltd/The (TGOD:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. TGOD Chief Financial Officer, Sean Bovingdon, has been appointed Interim CEO. Our focus will continue to be on improving the execution of our existing production while developing innovative and distinctive products to introduce into more stores across the country,” commented Sean Bovingdon, Interim CEO of TGOD. The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF) has released its Q3 2020 financial results. Find contact's direct phone number, email address, work history, and more. In addition, Michel Gagné, Vice President of Operations, has been appointed Chief Operating Officer ("COO"), overseeing the Company's cultivation and processing … I agree to receive email communications from The Green Organic Dutchman. Each unit is comprised of one Common Share and three-quarters of one common share purchase warrant of the Company. Under the Company's new leadership, TGOD will operate with a renewed commitment to executional excellence and cost discipline as the Company drives revenue growth and operational stability. We're defining the industry standard in organic sustainability practices. Production at the Quebec Facility of dissolvable powders, premium teas and concentrates has commenced, along with co-packing of third-party cannabis brands in October, which is helping absorb costs and better leverage the Company’s assets and licenses in Quebec. The decision to swap CEOs “was made by the board of directors,” a spokesman for Green Organic Dutchman (TGOD) told Marijuana Business Daily via email. Renew your prescription now. TGOD has recently made changes to its operations leadership structure and appointed Michel Gagné as Vice President, Operations. The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US–OTC: TGODF) 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.  The Company is committed to cultivating a better tomorrow by producing its products responsibly, with less waste and impact on the environment. Date: November 11, 2020 | Time: 9:00 a.m. Eastern TimeParticipant Dial-InLocal – Toronto: 1-416-764-8688Toll Free – North America: 1-888-390-0546Conference ID – 68691087. Shop our products from online recreational cannabis retailers. Everything you need to know about our core values and principles. All Rights Reserved. Find a retailer near you that carries 100% certified organically grown TGOD products. See Michel Gagne's compensation, career history, education, & memberships. Quarterly revenue of $5.71 million consisting of sales from cannabis products in Canada of $3.84 million and hemp-derived product sales in Europe of $1.87 million. ... TGOD's Common Shares … Mr. Gagné brings over 30 years of experience in the food and natural health products industries, having occupied leadership roles at Cargill and Maple Leaf Foods. “On behalf of the board of directors, we thank Brian Athaide for his contribution to TGOD and I am pleased that Sean has agreed to lead the company at this critical juncture,” said TGOD chairman of the board Jeff Scott . TGOD Chief Financial Officer, Sean Bovingdon , has been appointed Interim CEO. The underwriter purchased, on a bought deal basis, an aggregate of 53,263,400 units at a price of $0.24. Its two Canadian facilities have been built to LEED certification standards and its products are sold in recyclable packaging.  In Canada, TGOD sells dried flower and oil, and recently launched a series of next–generation cannabis products such as hash, vapes, organic teas and dissolvable powders.  Through its European subsidiary, HemPoland, the Company also distributes premium hemp CBD oil and CBD-infused topicals in Europe. In Canada, TGOD sells dried flower and oil, and recently launched a series of next‐generation cannabis products such as hash, vapes, organic teas and dissolvable powders. © 2020 The Green Organic Dutchman Holdings, ttps://produceredition.webcasts.com/starthere.jsp?ei=1398895&tp_key=a3ee2c0b4a, Chief Financial Officer Sean Bovingdon to serve as Interim Chief Executive Officer, Michel Gagné appointed Chief Operating Officer, Total revenue of $5.71 million, an increase of 119% over Q3-2019, Canadian cannabis revenue of $3.84 million, an increase of 41% quarter over quarter, Loss from operations reduced by 68% to $6.34 million compared to Q3-2019, G&A expenses continue to decrease, down to $5 million for the quarter, Company records non-cash impairment charge of $67.84 million. 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