Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), the parent
company of Organigram Inc, a leading licensed producer of cannabis, on Monday
announced that it has developed a proprietary nano-emulsification technology
for the production of both liquid and powdered cannabinoid products in
anticipation of Canada’s legalization of adult use recreational cannabis
edibles and consumer demand for cannabis-infused beverages. According to the
update, Organigram is planning, in early 2020, to launch a variety of dried
powder formulation beverage products in Canada in addition to its previously
announced plans to launch a range of premium cannabinoid-infused chocolates.
“This is an exciting time for cannabis product development,” Organigram CEO
Greg Engel said in the news release. “We know that predictability and
reliability are important to adult consumers of cannabinoid-infused products.
We also believe that a powder additive will offer consumers a unique and
differentiated offering, along with convenience and discretion. Allowing
consumers to make their own choice as to which beverage they will infuse opens
up a new consumption experience for Canadian cannabis consumers.”
To view the full press release, visit http://ibn.fm/JRmy7
About Organigram Holdings Inc.
Organigram Holdings Inc. is a TSX Venture Exchange and
NASDAQ Global Select 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 OGI are available in the company’s newsroom at http://ibn.fm/OGRMF
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