Ms. Beena Goldenberg reports

ORGANIGRAM'S APPLICATION FOR JUDICIAL REVIEW ON JOLTS INGESTIBLE EXTRACT GRANTED

The Federal Court of Canada has granted Organigram Holdings Inc.'s application for judicial review of a decision of Health Canada determining that the Edison Jolts lozenges are to be classified as edible cannabis. The court found there was a breach of procedural fairness by Health Canada. The matter is being remitted back to Health Canada for redetermination taking the court's reasons into consideration.

"We are pleased with the outcome of the hearing and look forward to Health Canada's further review of our Jolts ingestible extract," said Beena Goldenberg, chief executive officer of Organigram. "Our unprecedented approach in this matter reaffirms our commitment to advocating for the matters that impact our industry the most as we strive to build a thriving legal cannabis sector capable of combatting the illicit market," she concluded.

The company launched the products in August, 2021, following significant research, development and regulatory work. The company remains of the view that the patent-pending products are properly classified as cannabis extracts and compliant with the cannabis regulations.

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.

Organigram is focused on producing high-quality, cannabis for patients and adult recreational consumers as well as developing international business partnerships to extend the company's global footprint. Organigram has also developed and acquired a portfolio of legal adult-use recreational cannabis brands, including Edison, Holy Mountain, Big Bag O' Buds, Shred, Shred'ems, Monjour, Laurentian, Tremblant Cannabis and Trailblazer. Organigram operates facilities in Moncton, N.B., and Lac-Superieur, Que., with a dedicated edibles manufacturing facility in Winnipeg, Man. The company is regulated by the Cannabis Act and the Cannabis Regulations (Canada).

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