BZAM Ltd BZAMF

Healthcare Cannabis

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.

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BZAM Ltd > TGOD Reports Prelim Q4 Revenues Of $10.9 Million, Lowers Gui

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Comment by Reachmeon Feb 09, 2021 2:44pm

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RE:TGOD Reports Prelim Q4 Revenues Of $10.9 Million, Lowers Gui

Despite the improving results, the company closed this mornings announcement off by dropping guidance for the period of November 1, 2020 through to October 31, 2021. Previously set at $61.5 million in anticipated revenues, that figure has now dropped to a range of $40 million to $45 million, with the company placing blame on continued lockdown restrictions.

This change also means positive monthly Canadian operating cashflow will not be achieved by the end of Q1 2021, with the firm now expecting positive cashflow at its Canadian operations sometime later this year.

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