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$OGI Secures Financing, Receives Organic Certification for Recreational Cannabis

  • The company’s recreational cannabis plants and growing processes received organic certification from Pro-Cert Organic Systems Ltd.
  • The certification is an important part of the company’s expansion strategy, as the market demand for organic cannabis products is on the upswing
  • Organigram recently announced that it has secured a C$140 million credit facility with Bank of Montreal as the lead arranger and agent, which will largely be used to fund the company’s expansion plans and to refinance existing long-term debt

The end of May 2019 marked several exciting developments for Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI), a leading Canadian licensed producer of medicinal and recreational cannabis products.

On May 31, Organigram announced that it has received organic certification for its recreational cannabis plants and growing processes. Pro-Cert, a North American certification body that is accredited to…

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NOTE TO INVESTORS: The latest news and updates relating to OGI are available in the company’s newsroom at


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Thursday, June 13th, 2019 Uncategorized