Organigram Holdings (TSX: OGI) (NASDAQ: OGI), the parent
company of Organigram Inc., a leading licensed producer of cannabis, was
recently highlighted in an article by Bloomberg titled, ‘Organigram a Canadian
Pot Rarity After Four Profitable Quarters’ (http://ibn.fm/paDcr). An article further discussing the
company reads, “Along with the company’s impressive corporate governance comes
its equally notable — and consistent — financial performance. This is likely
due to its team’s adherence to fiscal discipline, something that can be
difficult to find in this industry. Bloomberg noted that, with four quarters of
profitability under its belt, Organigram Holdings is ‘an anomaly in the
Canadian cannabis market. . . . Organigram has higher margins than most of its
peers and one of the lowest costs per gram in the industry even though it grows
indoors, generally considered the most expensive method of production,’ the
report stated. ‘Chief Executive Officer Greg Engel attributes this to its
ability to get higher yields from its pot plants than companies that grow in
greenhouses, as well as its automated packaging lines. No other large Canadian
pot producer has managed to post such a long string of positive EBITDA.’”
To view the full article, visit http://ibn.fm/XSw09
About Organigram Holdings Inc.
Organigram Holdings is a Toronto Stock 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.Investors.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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