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BZAM Ltd BZAMF

BZAM Ltd. is a Canadian cannabis producer with a focus on branded consumer goods. Its portfolio includes core brands, such as BZAM, TGOD, ness, Highly Dutch Organic, TABLE TOP, as well as partner brands Jeeter, Cookies, Sherbinskis, Dunn Cannabis, FRESH and Wyld. It operates facilities in British Columbia (BC), Alberta (AB), Ontario and Quebec, as well as retail stores in Regina, Saskatchewan. The Company’s subsidiaries, The Green Organic Dutchman Ltd. (TGOD), BZAM Management Inc., Folium Life Science Inc. and BZAM Cannabis Corp., are licensed producers and hold licenses to produce cannabis plants, cannabis plant seeds, dried cannabis, fresh cannabis, cannabis oils, cannabis topicals, cannabis extracts and edible cannabis and sell such cannabis products within Canada to provincially authorized retailers or distributors and federally licensed entities. Its product portfolio includes categories, such as Infused, Multi-packs, Edibles, Organic, and Craft.


GREY:BZAMF - Post by User

Bullboard Posts
Post by flush777on Apr 01, 2020 7:39am
183 Views
Post# 30867310

ENOUGH IS ENOUGH, more debt and a second lien over assets

ENOUGH IS ENOUGH, more debt and a second lien over assetsAND LOAN BY A PRIVATE LENDER, if the financial institutions refuse to loan you bucks!

I am a long time shareholder and regretably purchased a ton of the $1 exercise price warrants thinking that this would be the last financing only to be undercut by the $5 million financing.

Management seems to have run out of money again, when as always, there last loan would indeed be their last.  CEO Brian is a marketing guy and you bring this guy in post operations however you require an operations and finance guy to get the company up and running full steam. Brian was the wrong guy for the job. ENOUGH IS ENOUGH.

THIS IS NOT AN APRIL FOOLS JOKE ... LOL


The Green Organic Dutchman Announces Additional $35 Million Credit Facilities

Canada NewsWire

/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./

TORONTOApril 1, 2020 /CNW/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TSX:TGOD) (US:TGODF), a leading producer of premium certified organic cannabis, is pleased to announce that the Company has entered into a $30 million secured revolving credit facility (the "Facility") with a private lender (the "Lender") that is secured on accounts receivable and inventory, with a second lien over the Company's other assets.  The Facility has an initial term of one-year, subject to renewal for up to an additional year.

 
Bullboard Posts