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Insiders buying Green Organic Dutchman IPO (:TGOD)

Updated Thursday May 10, 2018 01:53 AM EDT

David Perron, a Senior Officer, acquired 63,000 Common Shares on a direct ownership basis at a price of $3.650 through a prospectus or prospectus exempt offering on May 2nd, 2018. The insider also acquired 31,500 Warrants with an exercise price of $7.000 for two years. This represents a $229,950 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Andrew Christopher Pollock, a Senior Officer, acquired 6,850 Common Shares and 3,225 Warrants on a direct ownership basis. This represents a $25,002 investment into the company's shares and an account share holdings change of greater than 100%.

The Green Organic Dutchman Holdings Ltd. 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 producing cannabis from its facilities in Ancaster, Ont., pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada) and its regulations.

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