Organigram doesn't think too highly of greenhouses!Organigram sees more M&A opportunity in Europe than in Canada The CEO of Organigram Holdings Inc. says the company isn't actively pursuing any M&A deals in Canada. The head of the Moncton, N.B.-based cannabis producer says there is a dearth of market players in other countries that meet the Organigrams criteria of producing low-cost pot. Instead, their focus is more on Europe where there may be more opportunity within the continent. Organigram CEO Greg Engel said the company did consider acquiring a large-scale producer but held back given how some Canadian greenhouse cannabis growers face low yields and some crop losses.