NetworkNewsBreaks – Why Organigram Holdings Inc.
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Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI) is the parent company of Organigram Inc., a leading Canadian licensed producer (“LP”) of high-quality cannabis and cannabis-derived products. A recent article discussing the company reads, “Located in Moncton, New Brunswick, Organigram’s production facility and research & development program includes a state-of-the-art, indoor, three-tier cultivation system, which maximizes facility square footage. Its Phase 4 expansion project is expected to be completed by the end of 2019 for increased target production capacity of 113,000 kg/year (249,000 lbs.). As the company expands its cultivation and processing capacities, Organigram is able to file amendments to the existing facility, and each new production area is largely a replica of previously licensed areas, which results in a relatively streamlined and predictable licensing process with Health Canada.”
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