AUSTIN, Texas--(BUSINESS WIRE)--Fluence by OSRAM (Fluence), a leading global provider of energy-efficient LED lighting solutions for commercial crop production, announced today that it will become the LED provider of choice for The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (U.S.:TGODF) (TGOD), a publicly traded, premium organic cannabis company based in Ontario, Canada.
Projected to be one of Canada’s 10 largest cannabis producers, TGOD will use Fluence LED lighting solutions to deliver high-quality cannabis year-round and push its cultivation capabilities to meet rapidly increasing global demand for premium, organic cannabis grown sustainably. TGOD—which has previously deployed Fluence’s LED solutions in its existing state-of-the-art growing facilities—will now deploy Fluence’s high-intensity, high-bay VYPR lighting solutions in two additional hybrid greenhouses measuring over 1.4 million square feet in total. These new facilities will open in phases starting August 2019 in Ontario and Quebec.
“We are committed to perfecting organic, sustainable growing practices that consider the entire life cycle of our plants and products; Fluence’s LED lighting system uses 40 percent less energy than standard high-pressure sodium lights,” said Csaba Reider, president of The Green Organic Dutchman. “Their LED technology aligns with our commitment to sustainability while reducing operating costs. We take tremendous pride in growing high-quality, certified organic cannabis, and we view Fluence as a strategic partner that helps us build efficiency into our strict standard of excellence.”
Fluence’s VYPR Series gives commercial growers the ability and efficiency to grow at any time of the day, any time of the year. By incorporating Fluence’s LED lighting solutions into its state-of-the-art hybrid greenhouses, TGOD will achieve exceptional crop uniformity, create new energy efficiencies that keep operating costs low and eliminate seasonality and consistency issues.
“We’re excited to work with The Green Organic Dutchman on this innovative project as it rapidly expands its operations and improves energy efficiency, crop yield and plant quality,” said David Cohen, CEO of Fluence. “Fluence is committed to providing growers with the most innovative lighting solutions that develop exceptional, sustainable products to consumers across the world.
About Fluence by OSRAM
Fluence Bioengineering, Inc., a wholly-owned subsidiary of OSRAM SYLVANIA Inc., creates the most powerful and energy-efficient LED lighting solutions for commercial crop production and research applications. Fluence is a leading LED lighting supplier in the global cannabis market and is committed to enabling more efficient crop production with the world’s top vertical farms and greenhouse produce growers. Fluence global headquarters are based in Austin, Texas, with its EMEA headquarters in Munich, Germany. For more information about Fluence, visit https://fluence.science.
About The Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) is a publicly traded, premium global organic cannabis company, with operations focused on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market. TGOD also has organic hemp CBD oil operations in Canada, and through its wholly owned subsidiary HemPoland distributes premium hemp CBD oil in the EU. The Company grows high quality, certified organic cannabis with sustainable, all-natural principles. TGOD's products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a planned capacity of 219,000 kgs and is building 1,643,600 sq. ft. of cultivation and processing facilities across Ontario, Quebec, Jamaica and Denmark.
TGOD's Common Shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the symbol "TGOD" and "TGOD.WT", respectively.
For more information on The Green Organic Dutchman Holdings Ltd., please visit www.tgod.ca.