TGOD

BZAM Ltd. & 4C LABS conclude strategic distribution agreement for the UK market

Retrieved on: 
Tuesday, October 31, 2023

The Company is shipping its first 150kg of TGOD's top strains to 4C LABS for onward distribution to 4C LABS pharmacy clients in the United Kingdom (UK).

Key Points: 
  • The Company is shipping its first 150kg of TGOD's top strains to 4C LABS for onward distribution to 4C LABS pharmacy clients in the United Kingdom (UK).
  • Pursuant to the agreement, signed on April 29, 2023, the Company will supply 4C LABS with approximately 600KG of flower annually for the next two years.
  • 4C LABS believes that there is strong demand for quality, organic Canadian cannabis products in the UK's burgeoning medical cannabis market.
  • The team at 4C LABS expects the market to expand over the next five years, mirroring previously legalized medical markets elsewhere, and expects this new agreement will enable them to establish a dominant position in the UK medical cannabis market.

BZAM Ltd. Reports First Quarter 2023 Financial Results; Achieves Record Revenues

Retrieved on: 
Tuesday, May 30, 2023

Following their transition to the Company's inhouse sales team, Highly Dutch and TGOD sales increased by 22% and 33% from Q4 2022, respectively.

Key Points: 
  • Following their transition to the Company's inhouse sales team, Highly Dutch and TGOD sales increased by 22% and 33% from Q4 2022, respectively.
  • SG&A: Achieved an adjusted SG&A (excluding one-time non-recurring costs) of 43% of sales in Q1 2023, down from 59% in Q4 2023.
  • Following quarter end, on May 11, 2023, the Company announced that its subsidiary, The Green Organic Dutchman Ltd., received EU-GMP certification for its facility in Ancaster, Ontario.
  • Under the waiver, the effective date of the requirement to achieve positive EBITDA was moved from April 30, 2023 to July 31, 2023.

CSE Bulletin: Name and Symbol Change - The Green Organic Dutchman Holdings Ltd. (TGOD, TGOD.WR, TGOD.WA, TGOD.WB)

Retrieved on: 
Tuesday, February 21, 2023

Please note that all open orders will be cancelled at the end of business on February 22, 2023.

Key Points: 
  • Please note that all open orders will be cancelled at the end of business on February 22, 2023.
  • The Green Organic Dutchman Holdings Ltd. (TGOD, TGOD.WR, TGOD.WA, TGOD.WB) a annoncé un changement de nom et de symbole pour BZAM Ltd. (BZAM, BZAM.WR, BZAM.WA, BZAM.WB).
  • Les titres commenceront à être négociés sous le nouveau nom et le nouveau symbole et avec un nouveau numéro CUSIP le 23 février 2023.
  • Veuillez noter que toutes les commandes ouvertes seront annulées à la fin des activités le 22 février 2023.

The Green Organic Dutchman Announces Effective Date of Name Change to BZAM Ltd. And New Appointment to its Board of Directors

Retrieved on: 
Tuesday, February 21, 2023

The common shares of the Company (the "Common Shares") will commence trading on the CSE under the symbol "BZAM", and on the OTCQX under the symbol "BZAMF".

Key Points: 
  • The common shares of the Company (the "Common Shares") will commence trading on the CSE under the symbol "BZAM", and on the OTCQX under the symbol "BZAMF".
  • The name change aligns with the Company's transformational growth and broader portfolio of both conventional and organic brands following the completion of the merger with BZAM Holdings Inc. in November 2022.
  • The new corporate website, www.BZAM.com , will launch on the Effective Date with additional information about the Company and its go-forward strategy.
  • In connection with this Board Appointment, Mr. Angus Footman and Mr. Olivier Dufourmantelle will resign as directors of the Board.

The Green Organic Dutchman Announces Name Change and New Chairman

Retrieved on: 
Wednesday, January 25, 2023

Securityholders of the Company holding securities in the Company's prior name do not need to take any action as a result of the Name Change.

Key Points: 
  • Securityholders of the Company holding securities in the Company's prior name do not need to take any action as a result of the Name Change.
  • Further details regarding the Name Change, including the effective date of the Name Change will be announced in due course.
  • The Name Change was previously approved by shareholders of the Company at its last annual general and special meeting.
  • "This Name Change marks a new era," said Matt Milich, Chief Executive Officer of the Company.

The Green Organic Dutchman Announces Release of Escrowed Shares and New Share Issuance

Retrieved on: 
Monday, January 23, 2023

The remaining 7,428,571 common shares of the Company held in the indemnity escrow account will be returned to treasury and cancelled.

Key Points: 
  • The remaining 7,428,571 common shares of the Company held in the indemnity escrow account will be returned to treasury and cancelled.
  • Such BZAM Shares will be issued in reliance on certain prospectus exemptions available under securities legislation and will be subject to a four-month plus one day statutory hold period.
  • The Company did not file the material change report more than 21 days before the expected closing date of the Vendor Issuance and the BZAM Issuance as the details of such were not settled until shortly prior to the closing of the Vendor Issuance and the BZAM Issuance.
  • The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101.

The Green Organic Dutchman Announces New Board Member

Retrieved on: 
Wednesday, January 11, 2023

TORONTO, Jan. 11, 2023 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (CSE: TGOD) (US-OTC: TGODF), a sustainable global cannabis company and leading producer of premium cannabis brands, today announced the addition of Mr. Bassam Alghanim to its Board of Directors (the "Board"), to fill the vacancy left by the resignation of Mr. Tony Moschella from the Board.

Key Points: 
  • TORONTO, Jan. 11, 2023 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (CSE: TGOD) (US-OTC: TGODF), a sustainable global cannabis company and leading producer of premium cannabis brands, today announced the addition of Mr. Bassam Alghanim to its Board of Directors (the "Board"), to fill the vacancy left by the resignation of Mr. Tony Moschella from the Board.
  • Mr. Alghanim has enjoyed a highly rewarding and successful career as an investor, businessman, and banker spanning four decades.
  • In the 1980s and 1990s, Mr. Alghanim managed and expanded Alghanim Industries, a multi-national conglomerate.
  • Mr. Alghanim is appointed by the Board to serve until the next Annual General Shareholders Meeting of the Company, at which the shareholders will vote on the constitution of the Board going forward.

The Green Organic Dutchman Announces Shares for Debt Transaction

Retrieved on: 
Wednesday, January 4, 2023

Such Common Shares will be issued in reliance on certain prospectus exemptions available under securities legislation and will be subject to a four-month plus one day statutory hold period.

Key Points: 
  • Such Common Shares will be issued in reliance on certain prospectus exemptions available under securities legislation and will be subject to a four-month plus one day statutory hold period.
  • The Debt Settlement Transaction remains subject to all necessary regulatory approvals including final acceptance by the Canadian Securities Exchange (the "CSE").
  • The Shareholders are insiders of the Company, and therefore the Debt Settlement Transaction is considered to be a "related party transaction" for purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101").
  • The Company did not file the material change report more than 21 days before the expected closing date of the Debt Settlement Transaction as the details of the Debt Settlement Transaction were not settled until shortly prior to the closing of the Debt Settlement Transaction.

The Green Organic Dutchman Holdings Ltd. Announces $6 Million Marketed Public Offering of Units

Retrieved on: 
Thursday, December 15, 2022

TORONTO and VANCOUVER, British Columbia, Dec. 15, 2022 (GLOBE NEWSWIRE) -- The Green Organic Dutchman Holdings Ltd. (“TGOD” or the “Company”) (CSE: TGOD) (US-OTC: TGODF), a sustainable Canadian cannabis company and leading producer of premium, organically grown cannabis announces that it has entered into an engagement letter with Clarus Securities Inc. (the “Agent”), pursuant to which the Agent has agreed to conduct, on a “best-efforts” marketed basis, a marketed public offering (the “Offering”) of at least 12,500,000 units of the Company (the “Units”), up to a maximum of up to 15,000,000 Units, at a price of $0.40 per Unit (the “Offering Price”) for aggregate gross proceeds to TGOD of a minimum of $5,000,000 up to a maximum $6,000,000.

Key Points: 
  • If the Over-Allotment Option is exercised in full, the aggregate gross proceeds of the Offering will be C$6,900,000.
  • The Company intends to use the net proceeds from the Offering for working capital and general corporate purposes.
  • The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (US–OTC: TGODF) is a multi-licensed Canadian cannabis producer with a focus on branded consumer goods, innovation, quality, consistency, integrity and transparency.
  • For more information on The Green Organic Dutchman Holdings Ltd., please visit www.tgod.ca.

The Green Organic Dutchman Announces Shares for Debt Transaction

Retrieved on: 
Wednesday, November 30, 2022

About The Green Organic Dutchman Holdings Ltd.

Key Points: 
  • About The Green Organic Dutchman Holdings Ltd.
  • The Green Organic Dutchman Holdings Ltd. (CSE: TGOD ) (USOTC: TGODF) is a multi-licensed Canadian cannabis producer with a focus on branded consumer goods, innovation, quality, consistency, integrity and transparency.
  • InCanada, TGOD serves the recreational market with a brand portfolio including BZAM, The Green Organic Dutchman, -ness, Highly Dutch Organics, TABLE TOP, Cruuzy and partner brands Dunn Cannabis, FRESH, Superflower and Snackbar.
  • For more information on The Green Organic Dutchman Holdings Ltd., please visit www.tgod.ca and www.bzamheadquarters.com .