OrganiGram Holdings Inc T.OGI

Alternate Symbol(s): OGI

Healthcare Cannabis

Organigram Holdings Inc. operates through its subsidiaries. The Company’s major wholly owned subsidiaries include Organigram Inc., 10870277 Canada Inc., The Edibles and Infusions Corporation (EIC), and Laurentian Organic Inc. (Laurentian). Organigram Inc. is a licensed producer (LP) of cannabis, cannabis-derived products and cannabis infused edibles in Canada. It is focused on producing cannabis for patients and adult recreational consumers, as well as developing international business partnerships. It has also developed and owns 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 operates facilities in Moncton, New Brunswick and Lac-Superieur, Quebec, with a dedicated edibles manufacturing facility in Winnipeg, Manitoba. 10870277 Canada Inc. is a special purpose holding company for the Company. EIC is a cannabis processor of confectionary goods.

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OrganiGram Holdings Inc > New Press Release - Organigram Applauds the Standing Committee on Finance's Recommendation on Excise Duty

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Comment by UniqueKittyon Feb 28, 2024 11:43am

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Post# 35903978

RE:New Press Release - Organigram Applauds the Standing Committee on Finance's Recommendation on Excise Duty

EXCELLENT NEWS !!

OGI could save as much as 66% on Excise Tax provided committee recommendations pass with the next budget.

A new excise tax structure of 10% of fair value as recommended by the Standing Committee on Finance would be a game changer for OGI and the Canadian Mj industry.

Theoretically, OGI could flip to reporting Net Profits on this change alone.

A long overdue and much welcomed change.

Bloody brilliant!

cheers