Representative Matters

BZAM Completes Acquisition of Final Bell's Canadian Operation

On January 8, 2024, BZAM Ltd. (“BZAM”), a leading Canadian cannabis producer, completed the acquisition of Final Bell Canada Inc. (“FBC”), an end-to-end supply chain system for cannabis brands, from Final Bell Holdings International Ltd. (“FBHI”).

As part of the closing of the transaction, FBHI, the sole shareholder of FBC, received 90 million common shares of BZAM at a price of $0.15 per share, representing approximately one-third of the issued and outstanding shares of BZAM. BZAM will also enter into a supply agreement under which FBHI’s wholly-owned subsidiary, 14th Round Inc., will continue to provide child-resistant packaging, high-tech vaporization hardware and pre-roll cones to BZAM.

Aird & Berlis represented BZAM with a team led by Adria Leung Lim and including Fiona Brown (Corporate/Commercial), Meredith McCann and Annie Xie (Capital Markets), Manjit Singh (Tax) and Sam Babe (Financial Services).