NetworkNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Begins Trading on the NASDAQ Global Select Market; Invests $15M in Chocolate Edibles Production Line

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., began trading on the NASDAQ Global Select Market on May 21, 2019. In connection to its new listing, the company entered into a master services agreement with Native Ads, Inc. to provide and manage a digital media marketing campaign at a total cost of approximately CAD$270,000. Organigram also entered into an agreement with Hybrid Financial Ltd. for marketing services to advisors, brokers and institutional investors in North America. Per the agreement, Organigram will pay a monthly retainer of approximately CAD$51,000 to Hybrid.

Earlier in the week, the company announced a $15 million investment commitment in a high-speed, high-capacity, fully automated production line capable of producing approximately 4 million kilograms of chocolate cannabis edibles annually. The company anticipates taking delivery of the line in the fall. “Over the last number of years, Organigram has become known for its best-in-class cannabis production facility and high-quality products,” Organigram CEO Greg Engel stated in the news release. “With this investment, we will soon also be known for our world-class chocolate production capability.”

To view the full press release, visit http://nnw.fm/7sY9e

About Organigram Holdings Inc.

Organigram Holdings Inc. is a TSX Venture Exchange listed company whose wholly owned subsidiary, Organigram Inc., is a licensed producer of cannabis and cannabis-derived products in Canada. Organigram is focused on producing the highest-quality, indoor-grown cannabis for patients and adult recreational consumers in Canada, as well as developing international business partnerships to extend the company’s global footprint. Organigram has also developed a portfolio of legal adult use recreational cannabis brands including The Edison Cannabis Company, Ankr Organics, Trailer Park Buds and Trailblazer. Organigram’s primary facility is located in Moncton, New Brunswick and the Company is regulated by the Cannabis Act and the Cannabis Regulations (Canada). For more information, visit the company’s website at www.Organigram.ca.

NOTE TO INVESTORS: The latest news and updates relating to OGRMF are available in the company’s newsroom at http://nnw.fm/OGRMF

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

More News From Three Sixty Press

Prosecutors: Australian cardinal's convictions should stand

Jun 19, 2019

MELBOURNE, Australia — Australian prosecutors argued in court Thursday that child sex convictions against a Roman Catholic cardinal should not be overturned and said his accuser had been a compelling witness. Cardinal George Pell, 77, is the most senior Catholic to be convicted of child sex abuse and is appealing those guilty verdicts in the Victoria state Court of Appeal. He attended both days of the hearing, wearing a cleric's collar and occasionally taking notes. The three judges reserved their decision to a date to be set. Prosecutor Chris Boyce told the judges that the convictions, largely based on the...

Australian Cardinal Pell appeals child sex convictions

Jun 19, 2019

MELBOURNE, Australia — Lawyers for the most senior Roman Catholic found guilty of child sex abuse argued in his appeal on Wednesday that he could not have molested two choirboys in an Australian cathedral undetected moments after Sunday Masses while he was dressed in an archbishop's robes. Cardinal George Pell, 77, wore a black suit and black shirt with a cleric's collar when he appeared for the Victoria state Court of Appeal hearing before three judges. He came and went from the court as the sole occupant of a prison van. He said nothing during the hearing. Pell's lawyer Bret...

New Zealand's 1st 'well-being budget' targets mental health

Jun 19, 2019

WELLINGTON, New Zealand — New Zealand's government announced Thursday it will spend billions of dollars more on mental health services and combatting child poverty as part of a new approach to its finances. The liberal-led government unveiled the country's first so-called well-being budget. It aims to measure social outcomes like health and the environment alongside traditional metrics such as economic growth. The new approach has been lauded by some internationally but criticized by the conservative opposition as meaningless window-dressing. The budget was the first since a gunman killed 51 people at two Christchurch mosques in March, and it included money...

Australian state leader intervenes to approve coal mine

Jun 19, 2019

CANBERRA, Australia — An Australian state government leader intervened on Wednesday to fast-track a proposed coal mine days after voters rejected tougher action to curb greenhouse gas emissions in the country's general election. The Carmichael mine proposed by India's Adani Mining in Queensland state was a bitterly polarizing issue ahead of Saturday's national election, which returned the conservative coalition government for a third three-year term. The election result defied opinion polls that suggested the center-left Labor Party would win government and implement its policies of slashing Australia's greenhouse gas emissions by 45% below 2005 levels by 2030. The coalition had...

The Latest: Trump congratulates Morrison, reaffirms alliance

Jun 19, 2019

CANBERRA, Australia — The Latest on Australia's general election (all times local): 11:05 a.m. President Donald Trump has spoken by phone with Prime Minister Scott Morrison of Australia to congratulate him on his conservative coalition's surprise election victory. According to the White House, the two leaders reaffirmed the "critical importance" of the long-standing alliance and friendship between the United States and Australia, and they pledged to continue their close cooperation on shared priorities. Morrison's Liberal Partly has defied pre-election polls to clinch a third term in office. But the tight race for the 151-seat House of Representatives raises the prospect...

Sign up now!

Three Sixty Press is your general news coverage keeping you up-to-date with the vast news in the world.

Contact us: sales[at]threesixtypress.com