Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), the parent
company of Organigram Inc., began trading on the NASDAQ Global Select Market on
May 21, 2019. In connection to its new listing, the company entered into a
master services agreement with Native Ads, Inc. to provide and manage a digital
media marketing campaign at a total cost of approximately CAD$270,000.
Organigram also entered into an agreement with Hybrid Financial Ltd. for marketing
services to advisors, brokers and institutional investors in North America. Per
the agreement, Organigram will pay a monthly retainer of approximately
CAD$51,000 to Hybrid.
Earlier in the week, the company announced a $15 million
investment commitment in a high-speed, high-capacity, fully automated
production line capable of producing approximately 4 million kilograms of
chocolate cannabis edibles annually. The company anticipates taking delivery of
the line in the fall. “Over the last number of years, Organigram has become
known for its best-in-class cannabis production facility and high-quality
products,” Organigram CEO Greg Engel stated in the news release. “With this
investment, we will soon also be known for our world-class chocolate production
capability.”
To view the full press release, visit http://ibn.fm/BQaE7
About Organigram Holdings Inc.
Organigram Holdings Inc. is a TSX Venture Exchange listed
company whose wholly owned subsidiary, Organigram Inc., is a licensed producer
of cannabis and cannabis-derived products in Canada. Organigram is focused on
producing the highest-quality, indoor-grown cannabis for patients and adult
recreational consumers in Canada, as well as developing international business
partnerships to extend the company’s global footprint. Organigram has also
developed a portfolio of legal adult use recreational cannabis brands including
The Edison Cannabis Company, Ankr Organics, Trailer Park Buds and Trailblazer.
Organigram’s primary facility is located in Moncton, New Brunswick and the
Company is regulated by the Cannabis Act and the Cannabis Regulations (Canada).
For more information, visit the company’s website at www.Organigram.ca.
NOTE TO INVESTORS: The latest news and updates
relating to OGRMF are available in the company’s newsroom at http://ibn.fm/OGRMF
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