Thistle Resources (TRCG:TSXV)

What you need to know:

  • Good Purpose Investments has created a platform to develop and acquire businesses focused on waste reduction, circular materials, and sustainable manufacturing solutions.

  • ·Its value is centred around Waste2Wear which transforms recycled materials into bags and garments, posting 109% YoY sales growth in H1.

  • Global regulations are shifting away from single-use plastics.

  • The team is led by CEO George Tsogas who brings strong retail experience from Lululemon and Kit & Ace.

Investment Summary

Company Description

Good Purpose Investments is a sustainability-focused company that acquires, develops, and scales environmentally aligned businesses operating across circular materials, sustainable manufacturing technologies, and next-generation consumer product categories. The Company aims to build a diversified portfolio of investments and internally developed businesses supported by shared infrastructure, commercial expertise, and centralized innovation capabilities. Its initial portfolio company is Waste2Wear, a provider of circular textile and product solutions.

Research

Thistle Resources:
Initiation Report
September XX, 2026