The Green Organic Dutchman Ltd. has received EU GMP certification for the Company's facility located in Ancaster, Ontario. This certification permits the Company to export certain medicinal cannabis products to numerous global markets. The certification is valid for a three-year period from inspection, with a renewal date of August 31, 2025.

This certification allows BZAM to execute on existing strategic distribution partnerships which have already been established, including partnerships in Germany and the UK. With regard to the UK, the Company anticipates launching multiple strains under The Green Organic Dutchman brand in Fourth Quarter 2023. With Germany's recent moves toward legalising cannabis for recreational use, BZAM is now well positioned to benefit from regulatory changes as they unfold.

The Company expects to see a positive impact on revenue from international sales resulting from EU GMP certification by fourth quarter 2023, if not sooner.