OrganiGram Holdings Inc T.OGI

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

Revised Excise Framework Remains One of the Most Critical Reforms Required to Ensure the Long-Term Viability of the Cannabis Industry Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”) enthusiastically supports the Standing Committee on Finance’s recent...read article.

[UniqueKitty]

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