Business
Organigram Hits One Million Pre-Rolls, Continues Moncton Campus Expansion
Organigram Hits One Million Pre-Rolls, Continues Moncton Campus Expansion Canada N...
About this update from Organigram Global Inc.
[{"type":"text","content":"\n\n\n\nOrganigram Hits One Million Pre-Rolls, Continues Moncton Campus Expansion\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONCTON, NB, Jan. 31, 2019\n\n\n\nPre-roll production milestone allows Organigram to establish a leading market presence Phase 4 facility expansion continues, will add 91 incremental grow rooms in stages before the end of calendar 2019 Additional grow rooms will more than triple target annual production capacity to 113,000 kg once complete Moncton Campus producing high-quality indoor-grown product at low cash cost of cultivation (non-IFRS measure) of $0.56 per gram\n \n \n\n \n MONCTON, NB, Jan. 31, 2019 /CNW/ – Organigram Holdings Inc. (TSX VENTURE: OGI) (OTCQX: OGRMF), the parent company of Organigram Inc. (the \"Company\" or \"Organigram\"), a leading licensed producer of cannabis has reached – and already surpassed – the production of one million cannabis pre-rolls since the legalization of adult use recreational cannabis in October 2018. The Company credits the automation of its processes along with surging consumer demand for the success of its large-scale production.\n\"At Organigram, we are proud to be among a select group of licensed producers who have been able to rise to the challenge of large-scale pre-roll production,\" says Greg Engel, CEO, Organigram. \"Our operations team has done an amazing job introducing automation to important parts of our process, building our overall capacity while retaining our focus on product quality.\"\nA national player in Canada's burgeoning cannabis industry, with supply agreements in every province except Quebec, Organigram has been able to identify opportunities for both production innovation and efficiencies to help ensure the Company delivers a consistent supply of high-quality products to customers across the country.\nTo date, very few licensed producers have been able to supply the market with dried cannabis pre-rolls which are in very high demand, which makes the one million pre-rolled cannabis products milestone even more impressive. \nApproaching le...