BZAM Ltd. Completes Major Share Acquisition, Solidifying Control of BZAM Cannabis Corp.

FOMOSapien · 2025-12-31T10:10:41+00:00

BZAM Ltd. has acquired 270,000 class A shares from minority shareholders, increasing its ownership in BZAM Cannabis Corp. to 88.2%. This move consolidates control and enhances operational strength in its diversified cannabis portfolio across Canada.

FOMOSapien

2025-12-31 10:10:41

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VANCOUVER and TORONTO, August 10, 2023 — BZAM Ltd. (CSE: BZAM; OTC: BZAMF), a prominent Canadian cannabis producer, has finalized its acquisition of 270,000 class A shares of BZAM Cannabis Corp. (BCC) from minority shareholders, marking a significant consolidation move in the company’s ownership structure.

Transaction Details and Equity Structure

The BZAM stock ownership restructuring involved issuing 475,000 common shares valued between $0.18 and $0.23 per share, coupled with $14,700 in cash payments to select BCC shareholders. These newly issued common shares are subject to a standard four-month plus one day hold period under securities regulations.

The transaction has substantially increased BZAM’s position in BCC, expanding its ownership stake from its previous level to 88.2% — representing a significant 30.5% increase in controlling interest. This enhanced ownership consolidation strengthens BZAM’s operational control over the subsidiary entity.

Strategic Positioning and Portfolio

BZAM Ltd. operates as a diversified Canadian cannabis enterprise with an expansive brand portfolio. The company manages multiple production facilities across British Columbia, Alberta, Ontario, and Quebec, alongside retail operations in Winnipeg, Manitoba and Regina, Saskatchewan.

The BZAM family of brands encompasses BZAM™, TGOD™, ness™, Highly Dutch Organic™, and TABLE TOP™, supplemented by strategic partner brands including Dunn Cannabis, FRESH, and Wyld. This multi-brand approach enables market segmentation and diversified consumer reach across premium and mainstream segments.

Market Trading Information

BZAM Ltd. maintains dual-exchange listing status. The company’s common shares and associated warrant instruments trade on the Canadian Securities Exchange (CSE) under ticker symbols BZAM, BZAM.WR, BZAM.WA, and BZAM.WB. U.S. investors can access BZAM stock through over-the-counter markets via the OTCQX under the BZAMF symbol, providing enhanced liquidity and accessibility to international capital markets.

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