![The Green Organic Dutchman Announces $16.5M Bought Deal Offering, Stock Falls]( "The Green Organic Dutchman Announces $16.5M Bought Deal Offering, Stock Falls")
Canadian organic cannabis producer The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF) announced Tuesday that it has signed a bought deal agreement with a syndicate of underwriters led by Canaccord Genuity. The agreement dictates that the underwriters will buy an aggregate of 29,334,000 units at a price of CA$0.75 (55 cents) per unit, amounting to a total of approximately CA$22 million. Each unit will consist of one common share and one-half of one share purchase warrant of TGOD stock.
