Welcome to our dedicated page for BZAM Ltd. news (Ticker: BZAMF), a resource for investors and traders seeking the latest updates and insights on BZAM Ltd. stock.
BZAM Ltd. (CSE: BZAM) (US-OTC: BZAMF) is a top Canadian cannabis producer with a strong focus on branded consumer goods and innovation. The company operates with core brands such as BZAM™, TGOD™, ness™, Highly Dutch Organic™, and TABLE TOP™, along with partner brands like Jeeter, Cookies, Sherbinskis, Dunn Cannabis, FRESH, and Wyld. BZAM has facilities in multiple Canadian provinces, including BC, Ontario, and Quebec, and a retail store in Regina, Saskatchewan.
Rhea-AI Summary
BZAM Ltd. announced that Chief Financial Officer, Sean Bovingdon, will be leaving his position on April 30, 2024, to pursue other opportunities. The company has initiated a formal search process for a new CFO. Matt Milich, BZAM's CEO, will be joining the Board of Directors as a management representative. The announcement was made to ensure a smooth transition, including through the Company's results for the fiscal year ending December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.41%
Tags
-
Rhea-AI Summary
BZAM Ltd. (BZAM) (CSE: BZAM) (US-OTC: BZAMF) has completed the acquisition of Final Bell Canada Inc. and entered into a Second Amended and Restated Credit Agreement with its Canadian lender. The SARCA incorporates the assets of FBC into the security collateral and amends the EBITDA financial covenant. The company also repaid $1 million on the fixed portion of the facility and allowed for the unsecured promissory note issued to Final Bell Holdings Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.36%
Tags
-
Rhea-AI Summary
BZAM Ltd. (BZAM) (CSE: BZAM) (US-OTC: BZAMF) completes acquisition of Final Bell Canada Inc. from Final Bell Holdings International Ltd., creating a Canadian cannabis powerhouse.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.94%
Tags
Rhea-AI Summary
BZAM Ltd. (CSE: BZAM) (US-OTC: BZAMF) has entered into a definitive share exchange agreement to acquire Final Bell Canada Inc. from Final Bell Holdings International Ltd.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.86%
Tags
-
Rhea-AI Summary
BZAM Ltd. (BZAM) (CSE: BZAM) (US-OTC: BZAMF) reports Q3 2023 net revenues of $21.0 million, a 112% increase from Q3 2022. Adjusted G&A expenses are at 22% of gross revenue, reduced by 30% vs. Q3 2022. Loss from operations is $12.9 million. The company completed post-merger facility consolidation and cost reduction program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.32%
Tags
-
Rhea-AI Summary
BZAM Ltd.'s subsidiary, The Green Organic Dutchman Ltd., has completed its first shipment of Canadian certified organic, EU GMP medical cannabis to the UK. The company will supply 4C LABS with approximately 600KG of flower annually for the next two years. 4C LABS expects to establish a dominant position in the UK medical cannabis market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.58%
Tags
Rhea-AI Summary
BZAM Ltd. has opted for a loan facility offered by its Chairman and largest shareholder instead of a brokered private placement. The loan is up to $3 million and will bear interest at a rate of prime plus 8% per annum. It is intended for general corporate expenses and working capital purposes. The initial tranche of $1.19 million has been funded. The loan matures no earlier than April 1, 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.56%
Tags
-
Rhea-AI Summary
BZAM Ltd. announces change of auditor
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
BZAM completes sale of Maple Ridge facility for $3.8M, reducing debt and applying $1.8M to credit facility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
BZAM completes final phase of merger synergy plan, anticipates Q3 net revenue of $20.3M, reduces expenses and debt
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4%
Tags
FAQ
What are the core brands of BZAM Ltd.?
BZAM operates with core brands such as BZAM™, TGOD™, ness™, Highly Dutch Organic™, and TABLE TOP™.
Where does BZAM have its facilities?
BZAM operates facilities in BC, Ontario and Quebec, and has a retail store in Regina, Saskatchewan.
What partner brands does BZAM collaborate with?
BZAM collaborates with partner brands like Jeeter, Cookies, Sherbinskis, Dunn Cannabis, FRESH, and Wyld.
What is the trading symbol for BZAM Ltd. on the Canadian Securities Exchange (CSE)?
The trading symbol for BZAM Ltd. on the CSE is 'BZAM.'
Where can I find more information on BZAM Ltd.?
For more information on BZAM Ltd., please visit the official website at www.bzam.com.
BZAM Ltd.
OTC:BZAMF
BZAMF Rankings
BZAMF Stock Data
9.48M
50.44M
106.55%
Medicinal and Botanical Manufacturing
Manufacturing
United States of America
Mississauga