BZAM Ltd.,[1] formerly The Green Organic Dutchman Holdings Ltd. (TGOD), is a Canadian recreational cannabis company headquartered in Mississauga, Ontario. TGOD's initial public offering on the Toronto Stock Exchange (TSX), completed on May 2, 2018, was the industry's largest to date, and raised over CAD$115 million.[2][3][4] In September 2021, the company's stock moved from the TSX to the Canadian Securities Exchange.[5] The CSE suspended trading of BZAM's stocks on May 8, 2024 pursuant to a cease trade order from the Ontario Securities Commission,[6] and BZAM was delisted from the CSE on September 11, 2024.[7]
| Formerly | The Green Organic Dutchman Holdings Ltd. |
|---|---|
| CSE: BZAM | |
| ISIN | CA12464X1015 |
| Industry | Recreational cannabis |
| Founders | Scott Skinner & Jeannette Vandermarel |
| Headquarters | , Canada |
| Website | https://www.tgod.ca |
Valleyfield greenhouse
editGreen Organic Dutchman's Valleyfield greenhouse is an 820,000-square-foot (76,000 m2) facility on Boulevard Gérard-Cadieux in Valleyfield, Quebec (45°14′02″N 74°06′22″W / 45.234°N 74.106°W).[4][8] Power rates the company secured were reported to be 4 cents per kilowatt-hour, attributed to the nearby Beauharnois Hydroelectric Generating Station.[9] The greenhouse, when completed, will be over twice the area of Tweed Farms, Canada's largest cannabis greenhouse in 2014. The Valleyfield greenhouse completed construction in 2020 but was eventually sold to Cannara Biotech in 2021 for 27 million dollars as a result of The Green Organic Dutchman’s need to repay creditors.
References
edit- ^ "The Green Organic Dutchman Announces Effective Date of Name Change to BZAM Ltd. And New Appointment to its Board of Directors" (Press release). Toronto & Vancouver. Cision. February 21, 2023. Retrieved 2024-09-20.
- ^ Scott Deveau (March 23, 2018), "Marijuana grower Green Organic Dutchman said to raise $100 million in IPO", Financial Post, Bloomberg
- ^ Keith Speights (May 20, 2018), "This Was the Biggest Marijuana IPO in History -- but Is the Stock a Buy?", Motley Fool
- ^ a b François Desjardins (16 September 2017), "Le Québec, terre promise des producteurs de cannabis" [Quebec, the promised land for producers of cannabis], Le Devoir (in French), Montreal
- ^ "TGOD Announces Conditional Approval of Listing Application on the Canadian Securities Exchange and Pending Voluntary Delisting from the Toronto Stock Exchange" (Press release). CNW Group. August 26, 2021.
- ^ "Bulletin 2024-0510 - Suspensions - AWKN, BHCC, BZAM, GLOW, VTAL, JKPT, MEAL,VFI.X, STHZ". Canadian Securities Exchange. May 8, 2024. Retrieved September 20, 2024.
- ^ "Bulletin 2024-0915 - Delist - BZAM Ltd. (BZAM, BZAM.WA, BZAM.WB)". Canadian Securities Exchange. September 11, 2024. Retrieved September 20, 2024.
- ^ Mario Pitre (19 January 2018), "Investissement de 150 M$ pour la production de cannabis - Saint-François", Journal Saint Francois (in French), Valleyfield, Quebec
- ^ "Un important producteur de cannabis s'implante à Valleyfield", Journal Saint Francois (in French), Valleyfield, Quebec, 19 September 2017
External links
edit
 | This article about a Canadian corporation or company is a stub. You can help Wikipedia by expanding it. |
 | This Cannabis-related article is a stub. You can help Wikipedia by expanding it. |