OrganiGram Holdings Inc (OGI)

[UnderOath-KY]

Organigram to invest $15 million in industry-leading infused chocolate innovation

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CNW GroupMay 20, 2019, 6:00 a.m. EDT

Company positioning itself to compete within expected largest cannabis edibles segment
MONCTON, NB, May 20, 2019 /CNW/ - Anticipating the legalization of adult-use cannabis edibles, and ready to demonstrate a leadership position in the edibles market, Organigram Holdings Inc. (TSX VENTURE: OGI) (OTCQX:OGRMF - News), the parent company of Organigram Inc. (the "Company" or "Organigram"), a leading licensed producer of cannabis, is pleased to announce a $15 million investment commitment in a high-speed, high-capacity, fully-automated production line with ability to produce an estimated 4 million kilograms of exceptional chocolate cannabis edibles per year. Organigram expects to take delivery of the line in the fall.