Bzam Ltd (TSE:BZAM) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
BZAM Ltd. has received court approval for creditor protection to restructure its business amidst financial struggles, including cash flow issues and competition in the cannabis industry. The process includes potential asset sales through a court-supervised sale and investment solicitation process (SISP), with the aim of emerging as a stronger entity. Operations will continue during the restructuring, although trading of BZAM’s shares may be halted or delisted.
For further insights into TSE:BZAM stock, check out TipRanks’ Stock Analysis page.
