CAN: BZAM completes sale of its Midway, British Columbia, facility

BZAM has completed the sale of the majority of its assets in both its Midway properties in B.C, including all associated lands, support buildings, related equipment, and on-site biomass, as applicable. In accordance with two purchase and sale agreements between the Company and arms-length parties dated August 1 and 4, 2023, total gross proceeds received from the Transaction were $3,228,000 with 50% of the total net proceeds from the Transaction, after commission and costs, being applied against the Company's term portion of its credit facility.

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BZAM Cannabis

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