The Green Organic Dutchman

IBN Welcomes Seamus Byrne as Its Canadian Director of Business Development and Partnerships

Retrieved on: 
Thursday, January 25, 2024

NEW YORK, Jan. 25, 2024 (GLOBE NEWSWIRE) -- via InvestorWire – IBN , a multifaceted financial news and publishing company for private and public entities, is pleased to announce that Seamus Byrne, a highly accomplished business strategy professional based in New Brunswick, Canada, has joined IBN as its Canadian Director of Business Development and Partnerships.

Key Points: 
  • NEW YORK, Jan. 25, 2024 (GLOBE NEWSWIRE) -- via InvestorWire – IBN , a multifaceted financial news and publishing company for private and public entities, is pleased to announce that Seamus Byrne, a highly accomplished business strategy professional based in New Brunswick, Canada, has joined IBN as its Canadian Director of Business Development and Partnerships.
  • "I look forward to working closely with Matt Ernst, Director of Corporate Sales, and the entire IBN team, especially since IBN was the driving force behind the marketing successes of several companies that I helped take public,” said Byrne.
  • Byrne earned a bachelor’s degree in economics and international development studies from Dalhousie University.
  • “Seamus will be an integral part of our business development strategy in Canada as our Canadian Director of Business Development and Partnerships.

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. Completes Sale of Galaxie and Announces Amendment of Credit Agreement

Retrieved on: 
Tuesday, July 4, 2023

This is materially consistent with the valuation of Galaxie assets and liabilities that were deemed "Held for Sale" in the Company's most recent interim unaudited financial statements.

Key Points: 
  • This is materially consistent with the valuation of Galaxie assets and liabilities that were deemed "Held for Sale" in the Company's most recent interim unaudited financial statements.
  • In conjunction with the Transaction, the Company and its Lender agreed to amend the terms of the amended and restated credit agreement dated September 29, 2021, as amended (the "Credit Agreement"), between The Green Organic Dutchman Ltd. (the "Borrower"), a wholly-owned subsidiary of BZAM, and its Canadian lender (the "Lender").
  • For clarity, this amendment does not result in a reduction of availability on the credit facility; any reduction in the term portion of the facility is added to the availability under the revolving portion of the facility.
  • All other terms of the Credit Agreement will remain materially consistent.

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.

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

Retrieved on: 
Tuesday, May 23, 2023

VANCOUVER, BC, TORONTO and LONDON, May 23, 2023 /PRNewswire/ - BZAM Ltd. (the "Company" or "BZAM") (CSE: BZAM) (US-OTC: BZAMF), is pleased to announce that its subsidiary, The Green Organic Dutchman Ltd. (collectively the "Company") has entered into a strategic distribution agreement with 4C LABS Ltd. ("4C LABS"), a London, UK based import & distribution company focused on the medical cannabis space.

Key Points: 
  • VANCOUVER, BC, TORONTO and LONDON, May 23, 2023 /PRNewswire/ - BZAM Ltd. (the "Company" or "BZAM") (CSE: BZAM) (US-OTC: BZAMF), is pleased to announce that its subsidiary, The Green Organic Dutchman Ltd. (collectively the "Company") has entered into a strategic distribution agreement with 4C LABS Ltd. ("4C LABS"), a London, UK based import & distribution company focused on the medical cannabis space.
  • The Company and 4C LABS expect to commercialize medical cannabis products under The Green Organic Dutchman brand in the UK beginning in Q4 2023.
  • 4C LABS believes that there is strong demand for quality, organic Canadian cannabis products in the UK's burgeoning medical cannabis market.
  • Matt Milich, BZAM's CEO, stated: "We are proud to announce this agreement with 4C LABS to bring our exceptional product to the UK market.

BZAM Ltd. Receives EU GMP Certification Approval

Retrieved on: 
Thursday, May 11, 2023

VANCOUVER, BC and TORONTO, May 11, 2023 /PRNewswire/ - BZAM Ltd. (the "Company" or "BZAM") (CSE: BZAM) (US-OTC: BZAMF), a leading Canadian cannabis producer, is pleased to announce that its subsidiary, The Green Organic Dutchman Ltd, has received EU GMP certification for the Company's facility located in Ancaster, Ontario.

Key Points: 
  • VANCOUVER, BC and TORONTO, May 11, 2023 /PRNewswire/ - BZAM Ltd. (the "Company" or "BZAM") (CSE: BZAM) (US-OTC: BZAMF), a leading Canadian cannabis producer, is pleased to announce that its subsidiary, The Green Organic Dutchman Ltd, has received EU GMP certification for the Company's facility located in Ancaster, Ontario.
  • The certification is valid for a three-year period from inspection, with a renewal date of August 31, 2025.
  • This certification allows BZAM to execute on existing strategic distribution partnerships which have already been established, including partnerships in Germany and the UK.
  • The Company expects to see a positive impact on revenue from international sales resulting from EU GMP certification by Q4 2023, if not sooner.

Converge Technology Solutions Corp. Announces Stone Group, A Converge Company, Named Global Silver Winner in Corporate Social Responsibility at Green World Awards 2023

Retrieved on: 
Thursday, April 27, 2023

Green World Awards are organized by The Green Organization, an international, independent, non­political, non-profit, environment group dedicated to recognizing, rewarding, and promoting environmental best practice around the world.

Key Points: 
  • Green World Awards are organized by The Green Organization, an international, independent, non­political, non-profit, environment group dedicated to recognizing, rewarding, and promoting environmental best practice around the world.
  • The awards aim to improve environmental performance, encourage the efficient use of resources, and support the wider goals of sustainable development.
  • "Stone Group, A Converge Company, is honored to have been awarded a Green World Award at this year's ceremony," stated Shaun Maine, Group CEO of Converge.
  • To see that work culminated in a Green World Award is an exciting achievement for Converge."

Converge Technology Solutions Corp. Announces Stone Group, A Converge Company, Named Global Silver Winner in Corporate Social Responsibility at Green World Awards 2023

Retrieved on: 
Thursday, April 27, 2023

Green World Awards are organized by The Green Organization, an international, independent, non­political, non-profit, environment group dedicated to recognizing, rewarding, and promoting environmental best practice around the world.

Key Points: 
  • Green World Awards are organized by The Green Organization, an international, independent, non­political, non-profit, environment group dedicated to recognizing, rewarding, and promoting environmental best practice around the world.
  • The awards aim to improve environmental performance, encourage the efficient use of resources, and support the wider goals of sustainable development.
  • "Stone Group, A Converge Company, is honored to have been awarded a Green World Award at this year's ceremony," stated Shaun Maine, Group CEO of Converge.
  • To see that work culminated in a Green World Award is an exciting achievement for Converge."

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 .