19:55:41 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Organigram Holdings Inc (2)
Symbol OGI
Shares Issued 94,054,805
Close 2024-01-31 C$ 2.24
Market Cap C$ 210,682,763
Recent Sedar Documents

Organigram sends first dried flower shipment to Germany

2024-01-31 10:01 ET - News Release

Mr. Tim Emberg reports

ORGANIGRAM COMPLETES FIRST SHIPMENT TO GERMANY, EXTENDING ITS INTERNATIONAL REACH

Organigram Holdings Inc. has sent its first shipment of bulk dried flower to the medical division of German cannabis company, Sanity Group, a health and sciences organization dedicated to the medical applications of cannabinoids. Organigram is pleased to complete its first shipment to Germany, one of the world's largest and growing medical markets, as part of its multiyear agreement with Sanity Group.

Under the terms of the agreement first announced in 2023, Organigram will provide high-quality, indoor-grown dried flower product to Sanity Group and grant Sanity Group strain exclusivity on certain genetics. The inaugural shipment contains Organigram's exceptional Super G Citra strain, a sativa-dominant hybrid delightful blend of aromas and flavours including gas, lemon, herbal and pine.

"We are pleased to be able to expand our international reach by working with partners like Sanity Group to meet their needs for medical cannabis. Our ability to expand into international markets is a testament to our commitment to consistently deliver on our promise of quality, consistency and an ever-evolving consumer-focused assortment," said Tim Emberg, chief commercial officer of Organigram.

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., a licensed producer of cannabis, cannabis-derived products and 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 its 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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