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Green Organic Dutchman Holdings, TGODF, changed to Bzam Ltd., BZAMF:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
TGODF: effective Nov. 8,2022 a one for 10 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
From IR;
Volumes are down across the board as they usually are in August, we are tracking with our peers so I’m not overly concerned about recent volumes.
Where we are focused is our results and details we can control. Our quarter will be out by the end of August and the market will have time to digest the results before September, setting us up well to be in focus when investors return from vacation.
We are working through the consolidation process and will decide on timing in the not-too-distant future.
With respect to analysts, I am in contact with all the key players. Unfortunately, when the cannabis market came off most investment banks high graded their coverage lists to large cap US MSO and others went sector specific with their large cap coverage. I am hopeful we will gain some attention with the results and be able to drag another analyst to focusing on TGOD.
Shane
Reverse split status answer from IR;
The BoD has not yet determined when or if we will enact the RS. The vote allowed us the ability to enact the RS without the need for an SGM. We will press release when we have information to share.
I was on the 2022? ?Annual And Special Meeting? of Shareholders call. The R/S will happen if the OTCQX Listing Rules are not met. TGOD got the votes. We need to get to $0.10/share for 10 consecutive days before November 2022. I PRAY we do!!!
The reverse split is a proposal for shareholders to vote on at the AGM and is included in the proxy circular. This gives Managment and the board the ability to consolidate at any time without having to delay with an SGM.
Cheers,
Shane
No...From the OTC Listing Rules and TGOD Stock_Price_Chart.....EOM
Did this come from Shane?
This OTC Listing Requirement is Our Goal to_Prevent_R/S...Due By End of November 2022 because TGOD closed below $0.10/share in mid-April 2022...
To remain eligible for trading on the OTCQX U.S. tier, the Company’s common stock must have a minimum bid price of $0.10 per share as of the close of business for at least one of every thirty consecutive calendar days. In the event that the minimum bid price for the Company’s common stock falls below $0.10 per share at the close of business for thirty consecutive calendar days, a grace period of 180 calendar days to regain compliance shall begin, during which the minimum bid price for the Company’s common stock at the close of business must be $0.10 for ten consecutive trading days;
Green Organic Dutchman! Very good AGSM!!
-Exciting New SKU's
-EBITDA Positive in June and EBITDA Positive on a quarterly basis thereafter
-25% Higher Yield than expected from recent Valleyfield harvest
-TGOD below $1.00 cost per gram
-Increased national distribution from 5.9% to 21.2% in 2022
-Distribution points increased 305% in H1 2022
-Increased retail reach from 23% to 61% of stores
-Product expansion to include: Gold Butter MAC, Strawberry Jerry, Medellin (Puffing Season in ON)
-6 month Barrel Aged Black Hash 30%/40%
-WYLD Real Fruit Pear Soft Chews THC/CBD
-Exited Q1 2022 with $19M in positive working capital
-With EBITDA Positivity, TGOD will seek to improve debt rates and longer term. Company currently paying 12% on credit facility
-Addition $23M under shelf prospectus available for growth opportunities
-HemPoland sale still pending due to developments in the Ukraine
-EU GMP expected to be complete in Fall 2022. Inspector will arrive at Ancaster in August
*Sean touched on the share consolidation and corporate name change topic. Reasons stated were what I expected and makes sense.
Please feel free to add info that I missed.
Roll, Dutchman!
TGOD's Organic Maple Kush To Be Featured As Quintessential In Cannabis Dispensaries During Canada Day Celebration
8:19 am ET June 29, 2022 (Benzinga) Print
The Green Organic Dutchman Holdings Ltd. (OTCQX: TGODF) (CSE:TGOD), a sustainable global cannabis company, celebrates entry into the 2nd half of the year with rapid distribution growth of dried flower SKU, Organic Maple Kush.
Organic Maple Kush is a 3.5g dried flower SKU from The Green Organic Dutchman, and after initial release earlier this year, sales of the SKU have expanded into many provinces. Organic Maple Kush flower is grown under a certified organic process, in living soil, and gets its name from the organic maple syrup used to feed the soil it grows in. It's known for having dense buds with dark purple leaves that bring with it a tropical, fruity, kush-like finish, a result of myrcene and farnesene terpenes that dominate this strains aroma and flavor.
As a strain, Organic Maple Kush boasts consistent THC of 25%-29% and very high terpene levels between 3.5%-4.5%. Due to popular demand and strong retail feedback, TGOD will now offer Organic Maple Kush in the pre-roll category as a 3 X 0.5g SKU starting this summer.
To celebrate the growth of Organic Maple Kush as a top dried flower strain, many retailers will be featuring the SKU as "The quintessential Canadian dried flower product" as part of Canada Day celebrations with various promotions and activations. Participating retail chains include True North Cannabis, The Cannabist Shop, Cannabis Xpress, Bud Bar, 420Premium and One Plant locations.
"There are few things as Canadian as maple syrup, and enjoying this unique product is a great way to celebrate Canada Day. Our proprietary living soil contains natural ingredients sourced from different regions across Canada, including organic maple syrup from the maple forests of Quebec" stated Sean Bovingdon, CEO of TGOD. "Organic maple syrup is food for the beneficial micro-organisms that thrive in our living soil. Rather than synthetic alternatives, a natural approach helps make a stronger, better plant for our customers." Bovingdon added.
HiBuddy.ca. or HIbuddy face book they track sales. a website in Canada that tracks sales
Fingers crossed. Where is that person getting that data from??
Halks - we need $160,000.00sales rev's for min 91 days per qtr to get us to that 15 million dollar per qtr mark. Waiting to see more sales numbers.
from yahoo: Only QC province, need to see all the numbers to really say we will meet and beat 15 million
TTnt3 days ago
QC sales for Sat, June 25, 2022
Vol $$$$
1. HB 348 $16,704.00
2. HG 214 $8,538.60
3. HOA 52 $3,120.00
4. RD 0 $-
5. AD 359 $52,880.70
6. SB 171 $5,523.30
7. MK 382 $12,338.60
8. SBR 289 $5,548.80
9. CM 316 $10,206.80
Total 2131 $114,860.80
The stores were closed yesterday.
Good read. Thank you for sharing.
Clowns indeed. Sinking ship indeed also. Live and learn.
These Clowns are Planning a Reverse Split and_Name_Change....
I Voted 'NO' on both, but the Name Change might be required because Galaxie Brands is not Organic. I still have not sold one share. Going down with the ship!!!
Need more legalization news and for institutions to be bullish on the sector again. I think BK is out of the question at this point. Just my two cents.
Q2 break even I believe. The sale of Hempoland should get them there.
Did they increase the amount of time they would be in the black? Seems like they always mow the date forward.
Scripted call but whatever. As long as they’re bringing in the money that’s all that matters.
You beat me to it - yes solid and the future looks really great. will know more after conference call-all the best to you my friend, cause a friend of TGODF is a friend of mine. Onward and Upward-
Solid!
Achieved record quarterly net revenues of $10.58 million , a 96% increase from Q1 2021, and a 12% increase from Q4 2021 Â
Improved gross margin (before changes in fair value) to 35% from 32% in Q4 2021, and from 1% in Q1 2021 Â
Continued to decrease costs, with general and administrative expenses of $3.92 million , a 14% decrease versus Q4 2021
Subsequent to March 31, 2022 , amended the secured revolving facility (the "Revolver Loan"), increasing the term portion by $4.0 million to $24.0 million
Posted on Yahoo - saying the 23rd of May? You can call. I R and they will tell you.
Where did you hear that rumor? Shane from IR said Q1 results are supposed to be released soon. Hoping they’re solid.
Further more -TGOD needs cash to grow. They aren’t in the real estate business. 2 million cash plus 1 million less debt is another move to strengthen the financial statement.
Rumor is they had over 7 million in sales for April and they need the cash for expansion into more markets - this will help keep up with product demand.
They are selling everything they grow.
"TORONTO, May 17, 2022 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (CSE: TGOD) (OTC: TGODF), a sustainable global cannabis company is pleased to announce it has closed an agreement of purchase and sale, of its leasehold improvements at the Puslinch facility (the "Transaction") with the landlord (the "Landlord") for $3 million (the "Consideration"). $2 million of the Consideration will be paid to the Company in cash, and $1 million of the Consideration will settle previous loans advanced to the Company by the Landlord, including all accrued interest and transaction costs thereon. In connection with the Transaction, the Company has also agreed to an increase in rent of $25,000 a month for the remainder of the lease term on the Puslinch facility of approximately 19 years.
The Green Organic Dutchman Holdings Ltd. Logo (CNW Group/The Green Organic Dutchman Holdings Ltd.)
The Green Organic Dutchman Holdings Ltd. Logo (CNW Group/The Green Organic Dutchman Holdings Ltd.)
"TGOD is poised for substantial growth in 2022. We enjoy a great productive relationship with our Landlord and this economically sensible Transaction provides us with immediate additional working capital to fund our continued growth as we continue to focus on execution, and financial discipline," said Sean Bovingdon, CEO of TGOD." marc's comment: so this is essentially a loan with an effective rate at 3.38% (old finance guy) if you look it up (posting the link got the previous post removed) the current prime rate is 4.00% according the the wall street journal. Commercial real estate people know such things - so they clearly had no worries about extending a preferred borrower rate to TGOD.
Q1 results next week. Thoughts?
We have officialy had more sales revenue for the month of april than Aurora which dumped its investment in Tgod a few years back, how Ironic!!!! Tgod 7M vs Acb 6.1M in sales for April 2022, seee yaaaa??
Hibiddy is showing major penetration into the greater Toronto market. For MK, SB, And all the highly dutch products.
It is time for Hibuddy updates only in the Toronto GTA region.
1. All flower (no filter: 830 skus)
Previously 2 days ago Today (Now)
AD 11 AD 9
MK 36 MK 29
RD 50 RD 50
CM 57 CM 55
Crzy 58 Crzy 54
SB 74 SB 64
Flower 28g category All: no filter on strains only on 28g size (103 total skus)
AD 4
RD 21
Filtered by sativa strain, AD is number one out of 21 skus
Filtered by Indica strain, RD is 7th out of 35 skus
3.5g flower out of 679 skus
9
AD 12
MK 16
crzy 34
CM 35
RD 43
SB 48
er out next week - 23rd?. that was posted on yahoo board. I post some updates in a few mins
Need to hear an update from them. Also need more legalization throughout the year.
write up on maple kush-https://www.puffthemagic.ca/2022/02/15/organic-maple-kush-by-the-green-organic-dutchman/
great pics
RECORD SALES # FOR CHERRY MINTS AND SUGAR BUSH PRE-ROLLS.
Thursday, April 7, 2022
1. HB (now 3g) 259 $12,432.00
2. HG 180 $7,182.00
3. HOA 59 $3,540.00
4. RD 0 $-
5. AD 294 $43,306.20
6. SB 197 $6,363.10
7. MK 37 $1,195.10
8. SBR 242 $4,646.40
9. CM 714 $23,062.20
Total 1982 $101,727.00
Friday, April 8, 2022
1. HB (now 3g) 337 $16,176.00
2. HG 313 $12,488.70
3. HOA 77 $4,620.00
4. RD 0 $-
5. AD 330 $48,609.00
6. SB 201 $6,492.30
7. MK 31 $1,001.30
8. SBR 356 $6,835.20
9. CM 1393 $44,993.90
Total 3038 $141,216.40
No, restock for MK and RD
Out of 86 stores, 85 stores participated in CM record sales number today (Ville-Marie was the only no show)
Like I said from my other earlier post, CBR also had record daily sales today. Second time over the 300 mark.
Imagine if MK and RD got restock, I say easily 160K+.
Less
Great GR increase and qtrly increase.
Gross revenue of $39.19 million for Fiscal Year 2021, a 149% increase over last year
Achieved record quarterly gross revenues of $12.37 million, a 27% increase quarter over quarter; with record monthly gross revenue of $5.18 million in December 2021
Yep - now just waiting on the conference call. The best is December sales were approx 9.8 million - Qtr 2022 should be fantastic - and CEO Shane says EBITA achieved in second qtr 2022.
Gross revenue of $39.19 million for Fiscal Year 2021, a 149% increase over last year
Achieved record quarterly gross revenues of $12.37 million, a 27% increase quarter over quarter; with record monthly gross revenue of $5.18 million in December 2021
Achieved record quarterly net revenue of $9.47 million, a 30% increase quarter over quarter
Improved gross margin (before changes in fair value adjustments) to 32% for Q4
Reduced G&A expenses by 28% quarter over quarter
Completed strategic acquisition of Galaxie Brands Corporation, the exclusive Canadian producer of Wyld edibles
Significantly increased market share in 28g and 3.5g flower category and in hash category
Would be nice to hear from some other posters , not just the 2 biggest bulls!
maple kush bio - TGOD- 27% THC -3.8% terpenes - MFG date:2022/01/28
https://www.reddit.com/r/sqdc/comments/tvgbh3/maple_kush_bio_tgod_27_thc_38_terpenes_20220128/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Highly Dutch Amsterdam Sativa is #1 Sativa in Toronto, Montreal, Calgary, Edmonton, Quebec City, Ottawa, Hamilton. Source: Hibuddy.ca *** This information The data I have shown was based on this past Thursday's information. Roll Dutchman Roll!!!!!!
That would be ideal.
looking for larger investors(institutions , hedge funds , banks etc..) to hop on board after march 6th - jmo
the best part of the ER on Tuesday April 5th will be the conference call on the 6th advising of the happenings in qtr of 2022 as it has been gang busters as far as i can tell. jmo.
The following items are listed on Montreal's most popular section on hibuddy.ca
Highly Dutch Roterdam Indica
Highly Dutch Amsterdam Sativa
TGOD Maple Kush
Three great TGOD/HD products on Montreal's top 10 most popular list! Incredible indeed!
Less
WHEN TGOD makes it way into the states it will be a BIG hit. There are no organic choices, at least here in DE.
Best Sellers - Week of March 21-27, 2022... ONWARD and UPWARD!!!! Ref Hibuddy
////////////////////////////////////////////////////////////////////
DRIED FLOWERS - 3.5G - BETWEEN $30.01 to $40
San Rafael '71 - Driftwood Diesel
The Green Organic Dutchman - Organic Cherry Mints
San Rafael '71 - Pink Kush
The Green Organic Dutchman - Organic Maple Kush
San Rafael '71 - Rockstar Cookies
VanDoos - Citadel
The Green Organic Dutchman - Organic Sugar Bush
Doja - 91K
Doja - Black Cherry Punch
PanHash - Sapphire Scout
/////////////////////////////////////////////////////
DRIED FLOWERS - 28G
Twd.28 - Garlic Jelly
Pure Laine Cannabis - Gros Plaisirs
Saturday - Ultra Sour
Highly Dutch Organic - Amsterdam Sativa
Original Stash - OS.130
Original Stash - OS.Haze Genetics
Good Supply - Starwalker Kush
Original Stash - OS.Kush Genetics
Original Stash - OS.Reserve
Big Bag O'Buds - Lemon Margy
//////////////////////////////////////////////
HASH
Tremblant Cannabis - Hashish - 3.5g
Nugz - Old School Hash - 3g
Good Supply - Good Old Hash - 2g
5 Points Cannabis - Hashish - 2g
Highly Dutch Organic - Organic Afghan Black - 3g
Highly Dutch Organic - Organic Marrakech Gold - 2g
Nugz - Ice Water Hash - 1g
1964 - Lebanese Hashish - 3.5g
La Batch - Temple Ball Hash - 3g
Hexo - Atlantis Hash - 2g
///////////////////////////////////////////////////
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