OrganiGram Holdings Inc (OGI)

[Hunchbackgeek]

Organigram Reports Second Quarter Fiscal 2021 Results https://investors.organigram.ca/organigram-reports-second-quarter-fiscal-2021-results
~Launched 62 new stock-keeping units (SKUs) since July 2020 as part of the Company’s product portfolio revitalization; up to 31 more SKUs expected to launch by the end of Q3 2021

~SHRED was the #1 most-searched brand on the Ontario Cannabis Store website for the last 5 consecutive months1 and Edison was among the most-searched brands in November 2020, January and February 2021

~On March 11, 2021, announced a product development collaboration with BAT and a strategic investment of $221 million from a BAT subsidiary for 19.9% equity interest in Organigram

~On April 1, 2021, repaid all outstanding balances under the credit facility agreement for annual interest savings of $2.7 million2 and has a current balance of $232 million in cash and short-term investments

~On April 6, 2021, announced the acquisition of all the issued and outstanding shares of The Edibles and Infusions Corporation which positions the Company to earn near term revenue and a growth platform from soft chews, the largest edible category

FULL REPORT ~ Organigram Reports Second Quarter Fiscal 2021 Results
https://investors.organigram.ca/organigram-reports-second-quarter-fiscal-2021-results

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