Organigram
Holdings (NASDAQ: OGI) (TSX: OGI) today announced that it has
established an at-the-market equity program (“ATM Program”) that allows the
corporation, at its discretion, to issue up to C$55,000,000 (or its U.S. dollar
equivalent) of common shares from treasury to the public from time to time. Any
common shares sold in the ATM Program will be sold through the Toronto Stock
Exchange, the NASDAQ Global Select Market or any other marketplace on which the
common shares are listed, quoted or otherwise traded, at the prevailing market
price at the time of sale. The corporation, at its sole discretion, will
determine the volume and timing of distributions under the ATM Program, if any.
To view the full press release, visit http://ibn.fm/Z4Ry2
About Organigram Holdings Inc.
Organigram Holdings Inc. is a NASDAQ Global Select Market
and a Toronto Stock Exchange (“TSX”) 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 high-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 adult
use recreational cannabis brands including The Edison Cannabis Company, Ankr
Organics and Trailblazer. Organigram’s primary facility is located in Moncton,
New Brunswick and the company is regulated by Health Canada under the Cannabis
Act (Canada) 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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