The Green Organic Dutchman Holdings Ltd. (the “Company”) is pleased to announce, following an extensive search, the appointment of Csaba Reider as the Company’s new President and Marc Bertrand as the Company’s new Strategic Advisor.
Mr. Reider is a high-energy senior executive with multinational experience in growing companies through demonstrated leadership of business development, cost containment and operational improvements. He has a proven track record of transforming companies across multiple areas and industries including; contract manufacturing, product quality, purchasing, logistics, Six Sigma & lean manufacturing, branded and private label packaged goods and real estate.
Csaba Reider is a seasoned entrepreneur who brings over 35 years of national and global senior executive leadership experience in the highly competitive consumer packaged goods industry. His experience growing both private and publicly traded companies along with his energy and dedication to lean manufacturing and focus on execution will help propel The Green Organic Dutchman Holdings Ltd. to become a leader in the global cannabis industry.
During his time at Cott Corporation as Vice-President of Global Sourcing and Six Sigma, Mr. Reider led the team that implemented lean initiatives that drove manufacturing efficiencies to exceed industry metrics across 18 facilities. His expertise and proven manufacturing track record, gave him the responsibility of managing a $1 billion dollar U.S. spend for the company.
Prior to joining The Green Organic Dutchman Holdings Ltd. Mr. Reider held roles as President and CEO of SunPac Foods, President and CEO of Xyience Inc., and Vice President positions at Cott Corporation and Cott Beverages Canada. Additionally, he has held board member positions with Associate Brands GP Corporation, FoodCor Corporation and Iroquois Water Ltd.
“We are committed to executing on our planned expansion, continued growth and building The Green Organic Dutchman Holdings Ltd. into a leader in the global cannabis industry,” said Mr. Reider.
Marc Bertrand is a seasoned Consumer Products executive with nearly three decades of success in brand building, strategic licensing, international markets and manufacturing.
Mr. Bertrand joined Ritvik, the family business, in 1985. He participated in the launch of the MEGA BLOKS brand and contributed to 22 consecutive years of growth and profitability, becoming President and CEO in 1996. MEGA BLOKS grew rapidly into the global number-one brand in preschool construction toys and number two in the boys category.
MEGA was recognized worldwide for innovation, the result of continuous investment in people, product and R&D, complemented with strategic licenses with many of the world’s most iconic entertainment franchises including Disney, Nickelodeon and Marvel.
International expansion was stimulated by the creation of subsidiaries and sales teams in Europe, Mexico, and Australia, as well as distributorships in other parts of the world. By the time of its sale to Mattel in 2014 for over $500 million, MEGA had over 1,700 employees, sales in over 100 international markets, and a presence in 15 countries.
Operational excellence, product quality and delivering value to consumers were critical to MEGA’s growth. Mr. Bertrand led MEGA to taking early advantage of the emergence of China as a low-cost supply source. MEGA also built North America’s largest toy factory with investments in high-speed equipment and automation.
In addition to his track record in brand building and operations, Marc has actively participated in numerous complex financial transactions. These include a leveraged buyout, an initial public offering that raised $200 million, a $350 million strategic acquisition, a financial restructuring and an enterprise sale.
“I was impressed with the company strategy, their plans for growth and the strong team of people they have assembled. It will be a pleasure to assist them and building a leader in the industry,” said Marc Bertrand.
“The Green Organic Dutchman Holdings Ltd. is excited about the addition of two such highly achieved individuals joining our team. As TGOD continues its rapid growth evolving into a larger company the vast experience, knowledge and capabilities of these additional team members will undoubtedly have a profound impact on our future success,” states Rob Anderson, CEO.
ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD.
The Green Organic Dutchman Holdings Ltd. produces Farm Grown, Pharma Grade Organic Cannabis.
The Company grows high quality, organically grown medical cannabis in small batches using craft growing and all natural principles. The Green Organic Dutchman Holdings Ltd. products are laboratory tested to ensure patients have access to a standardized, safe and consistent product.
The Green Organic Dutchman Holdings Ltd. has a potential capacity of 1,000KG’s, and a funded capacity of 14,000KG’s. Situated on 100 acres of land, this gives The Green Organic Dutchman Holdings Ltd. one of the largest land packages in Canada. To date, the Company has raised $41.5 million dollars and has over 2,400 shareholders.
The Green Organic Dutchman Holdings Ltd. is licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical marijuana. The Green Organic Dutchman Holdings Ltd. carries out its principal activities producing marijuana from its facilities in Ancaster, Ont., pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada) and its regulations.
This news release contains forward-looking information which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors — including the availability of funds, the results of financing efforts and the parties’ due diligence reviews, and general market conditions — that could cause actual results to differ materially from the Company’s expectations. Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.