$OGI Celebrates Cannabis Shipment to 10th Canadian Province

• Organigram is in a sharp growth pattern as the company builds toward its production capacity target of 113,000 kilograms of cannabis per year at its New Brunswick campus
• The company’s recent announcement of Health Canada’s licensing approval for an additional 17 cultivation rooms brings total licensed target production capacity to 61,000 kg per year
• The company announced a shipment of product to Quebec in June, marking its official fulfillment of an order to the last of Canada’s 10 provinces and establishment of its coast-to-coast network
• Organigram is also refurbishing its Moncton Campus for its own edibles facility and additional in-house extraction capacity

According to its announcement on June 24, Organigram Holdings Inc. (NASDAQ: OGI) (TSX.V: OGI) received licensing approval for 17 cultivation rooms to complete licensing of the Phase 4A development of its Moncton Campus in New Brunswick (http://nnw.fm/f7Gnt) for total licensed target production capacity of 61,000 kg per year. By the end of the year, Organigram is expected to complete construction on Phase 4 expansion for total target production capacity of 113,000 kilograms per year, once fully licensed and operational⁽¹⁾.

The company is also refurbishing part of its facility at its Moncton Campus in order to pursue Phase 5 development of a cannabis edibles and derivatives facility and additional extraction capacity. The company has committed to invest…

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NOTE TO INVESTORS: The latest news and updates relating to OGI are available in the company’s newsroom at http://nnw.fm/OGRMF

 

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