Companies

BZAM Ltd. Announces Acquisition of Final Bell Canada Inc.

Published December 6, 2023

Canadian cannabis producer BZAM Ltd. BZAM OTC:BZAMF has made a significant move in the cannabis industry by entering into a definitive share exchange agreement to acquire Final Bell Canada Inc. This strategic acquisition was announced on Tuesday and involves the purchase from Final Bell Holdings International Ltd.

Details on the Acquisition

The announcement has stirred interest in the cannabis market as BZAM Ltd. looks to expand its footprint. The terms of the agreement dictate that BZAM Ltd. will acquire all issued and outstanding shares of Final Bell Canada Inc. This move positions BZAM to leverage Final Bell Canada's capabilities and facilities to augment its production and distribution network.

Implications for the Market

The acquisition is seen as a significant step for BZAM, one that could potentially bolster its market position in Canada's competitive cannabis sector. By integrating Final Bell Canada's operations, BZAM aims to enhance its product offering and increase its operational efficiency. Investors and market analysts are closely watching the impact of this acquisition on BZAM's performance in the OTC markets.

Forward-Looking Statements

This announcement contains forward-looking statements regarding BZAM's intentions and expectations about the future. These statements are based on current beliefs and assumptions, which are subject to risks and uncertainties that could cause actual results to differ materially. Potential investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made.

Acquisition, Cannabis, Canada