Mr. Paolo De Luca reports

ORGANIGRAM ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION

Organigram Holdings Inc.'s board has approved the consolidation of the company's issued and outstanding common shares at a consolidation ratio of four preconsolidation common shares for every postconsolidation common share. The share consolidation is being implemented to ensure the company continues to comply with Nasdaq listing requirements, reduce volatility and to enhance the marketability of the common shares to institutional investors.

The share consolidation is subject to approval by the Toronto Stock Exchange and the Nasdaq Global Select Market and is expected to become effective on July 5, 2023, with the postshare consolidation common shares commencing trading on the Toronto Stock Exchange and Nasdaq Global Select Market at market open on July 7, 2023. Shareholders do not need to take any action with respect to the share consolidation, as the process will be completed automatically through the company's transfer agent.

Upon completion of the share consolidation, the company's common shares will continue to trade on the Toronto Stock Exchange and Nasdaq Global Select Market under the same ticker symbols.

About Organigram Holdings Inc.

Organigram Holdings is a Nasdaq Global Select Market- and Toronto Stock Exchange-listed company whose wholly owned subsidiaries include Organigram Inc. and Laurentian Organic Inc., licensed producers of cannabis and cannabis-derived products in Canada, and The Edibles and Infusions Corp., a licensed manufacturer of cannabis-infused edibles in Canada.

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