Organigram Holdings Inc. OGRMF Archives

WednesdayDec 04, 2019 11:22 am

QualityStocksNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Announces Establishment of At-The-Market Equity Program

Organigram Holdings (NASDAQ: OGI) (TSX: OGI) today announced that it has established an at-the-market equity program (“ATM Program”) that allows the corporation, at its discretion, to issue up to C$55,000,000 (or its U.S. dollar equivalent) of common shares from treasury to the public from time to time. Any common shares sold in the ATM Program will be sold through the Toronto Stock Exchange, the NASDAQ Global Select Market or any other marketplace on which the common shares are listed, quoted or otherwise traded, at the prevailing market price at the time of sale. The corporation, at its sole discretion, will…

ThursdayOct 03, 2019 10:46 am

Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) Obtains Official Licensing, Significantly Increases Production Capacity

OGI recently received government approval and licensing for 17 additional cultivation rooms The company’s licensed production capacity now totals 76,000 kilograms per year Organigram’s strategic plan for continued expansion is reportedly on schedule Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI), a leading Canadian licensed producer (LP) of premium-quality cannabis and extract-based products, has obtained Health Canada approval for licensing of 17 additional cultivation rooms. The move brings the company’s total target licensed production capacity to 76,000 kilograms per year (http://ibn.fm/hl2G8). This is the next step in the company’s strategic plan to increase capacity and further improve its efficiencies of scale. The…

WednesdayAug 28, 2019 12:49 pm

Organigram Holdings Inc.’s (TSX: OGI) (NASDAQ: OGI) Commitment to Corporate Governance, Fiscal Discipline a ‘Rarity in the Industry’

Organigram’s corporate governance distinguishes the company in the cannabis industry OGI’s consistent financial performance positions it as an “anomaly in the Canadian cannabis market” The company recently upgraded from the TSX Venture Exchange to the Toronto Stock Exchange Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading Canadian licensed producer (LP) of premium-quality cannabis and extract-based products, is focused on producing high-quality, indoor-grown cannabis for patients and adult-recreational consumers. Championing that cause is Organigram’s leadership team, a group of seasoned professionals on the forefront of the global cannabis market who bring decades of experience…

FridayJul 26, 2019 10:59 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Announces Proprietary Nano-Emulsion Technology for Rapid-Onset of Cannabinoid Effects

Organigram’s proprietary nano-emulsion technology is expected to provide an initial onset of effects within 10 to 15 minutes for cannabis beverages The company’s shelf-stable, thermally stable, water-compatible and palatable cannabinoid nano-emulsion formulation allows for the production of both liquid and powdered beverage products Organigram plans to launch dried powder formulation beverage products in early 2020 Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI), the parent company of leading licensed cannabis producer and cannabis-derived products manufacturer Organigram Inc., has developed a proprietary nano-emulsification technology. This new unique, fast-acting formulation will allow for the production of both powdered and liquid cannabinoid products. The…

TuesdayJul 16, 2019 12:46 pm

One of the Leading Canadian Cannabis Licensed Producers – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Expanding Capacity

Organigram has distribution in all 10 Canadian provinces and has now received licensing approval from Health Canada for its Phase 4A expansion efforts, which are expected to bring its annual production capacity to 61,000 kg The company is well-positioned for Canada’s anticipated edibles and derivative legalization, expected in October 2019, with expanding production capacity, R&D and various strategic partnerships Phase 4 construction is on track for completion by the end of 2019, with an aim of increasing target production capacity to 113,000 kg per year once fully licensed and operational Organigram Holdings Inc. (NASDAQ: OGI) (TSX.V: OGI) is pursuing an…

MondayJul 01, 2019 1:13 pm

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: 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…

ThursdayJun 13, 2019 10:03 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: 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…

TuesdayJun 11, 2019 9:52 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Announces C$15M Investment Commitment in Infused Chocolate Production Facility

Anticipating Canadian legalization of adult-use cannabis edibles in October 2019, Organigram recently announced a C$15 million investment commitment in a high-speed, high-capacity, fully automated chocolate line Production capacity is expected to be about 4 million kilograms per year of exceptional chocolate cannabis edibles The company’s chocolate launch is being led by a product development and production team with more than 25 years of combined chocolate experience and expertise Canada is drawing closer to the legalization of edibles and derivative products, which is expected to occur this fall. As noted by Green Entrepreneur, edibles are expected to increase to 12-14 percent…

TuesdayJun 04, 2019 11:58 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) is “One to Watch”

H1 2019 results reflect excellent operational execution: lowest cost of cultivation per gram among publicly reporting Canadian LPs, industry-leading adjusted gross margin and adjusted EBITDA (positive adjusted EBITDA for 3rd consecutive quarter in Q2 2019) On track to increase target production capacity to 113,000 kg/year by the end of 2019 Well-positioned for Canada’s new edibles and derivative legalization expected in October 2019 with expanding production capacity, R&D and various strategic partnerships Invested in biosynthesis to produce cannabinoids without growing the plant at a fraction of cultivation costs Focused on developing further international partnerships, prioritizing the CBD market Organigram Holdings Inc.…

MondayMar 04, 2019 11:34 am

Organigram Holdings Inc. (TSX.V: OGI) (OTCQX: OGRMF) Secures Distribution Agreements in All 10 Canadian Provinces

Company recently signed letter of intent with the Société québécoise du cannabis Its production capacity is expected to increase by 170,000 lbs. through phase four Organigram’s growth plans expand beyond Canada and into the global cannabis market Organigram Holdings Inc. (TSX.V: OGI) (OTCQX: OGRMF), a licensed producer of cannabis and cannabis-derived products in Canada, recently announced that it has signed a letter of intent with the Société québécoise du cannabis (“SQDC”) (http://ibn.fm/eboHc). OGRMF’s wholly owned subsidiary, Organigram Inc., is focused on producing the highest quality, indoor-grown cannabis for recreational and condition-specific medical use. The new agreement with SQDC makes the company one…

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