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OrganiGram Holdings Inc T.OGI

Alternate Symbol(s):  OGI

Organigram Holdings Inc. is focused on producing cannabis for patients and adult-recreational consumers, as well as developing international business partnerships to extend the Company's global footprint. The Company, through its subsidiary, Organigram Inc., is a licensed producer of cannabis, cannabis- derived products and cannabis infused edibles in Canada. It has also developed and acquired a portfolio of legal adult-use recreational cannabis brands, including Edison, Holy Mountain, Big Bag O’ Buds, SHRED, SHRED’ems, Monjour, Laurentian, Tremblant Cannabis and Trailblazer. It specializes in vape and infused pre-roll categories backed by a portfolio of owned brands, including the BOXHOT brand. Its products include pre-milled flower, pre-rolls, weed gummies, shred x vapes, and extracts. It operates facilities in Moncton, New Brunswick and Lac-Superieur, Quebec, with a dedicated edibles manufacturing facility in Winnipeg, Manitoba. Its subsidiaries also include 10870277 Canada Inc.


TSX:OGI - Post by User

Bullboard Posts
Post by challenger426on Feb 09, 2017 7:37am
203 Views
Post# 25821232

OGI news

OGI news
Organigram Supports Health Canada Auditing Improvements

MONCTON, NEW BRUNSWICK--(Marketwired - Feb. 9, 2017) - Organigram Holdings Inc. (TSX VENTURE:OGI)(OTCQB:OGRMF) (the "Company" or "Organigram") is providing this update regarding recent Health Canada announcements, as well as the Company's product recall announced December 30, 2016 and January 9, 2017.

Organigram has enhanced its testing protocol beyond the required regulatory testing to ensure that all products currently being sold on its store, and all products sold in the future, will be tested for an expanded quantity of possible contaminants, including Bifenazate and Myclobutanil. Since the recall dates, Organigram has grown, harvested and tested numerous lots of medical marijuana, and all have passed the additional testing protocols. 

"We completely support Health Canada's latest announcement to introduce random testing into their process to ensure the confidence of medical cannabis users across Canada" noted Denis Arsenault, Organigram CEO. "This is very much in line with the steps we've taken internally, so we are very supportive of this industry-wide initiative". 

The Company has identified seven key initiatives as part of the process to ensure this issue can not reoccur at Organigram. These initiatives include steps to test each input received from outside suppliers, a comprehensive screening process for existing and new suppliers, pesticide testing of every lot of final product prior to packaging, installation of cameras within mixing areas and a full training program for all employees. 

"We've taken this event very seriously and have a comprehensive plan in place to ensure our integrity and reputation remains intact" added Arsenault. "Our focus now is implementing change and maintaining our focus on client service." 

As part of this process, Organigram also advises that its organic certification has been suspended as it undergoes a re-certification process which is currently underway. Organigram is working diligently with the certification body to ensure that this process moves as expeditiously as possible. This process will also reflect Organigram's previously communicated intention to produce both organic and non-organic medical marijuana within the same facility.

Bullboard Posts