Moncton, N.B. September 02, 2015 – OrganiGram Holdings Inc. (TSX-V: OGI) (OTC US:OGRMF) (the “Company”) is pleased to announce that the Company recently received regulatory approval to activate four more grow rooms. This addition increases their annual production capacity to 2,100kg which is sufficient to execute on their annual business plan.
In accordance with the Marihuana for Medical Purposes Regulations, the four new growing rooms, containing 80 lights each, have received Health Canada inspection and all required approvals.
“We are very pleased to continue to rapidly expand the production capacity at our facility. These additional rooms will be placed into operations and will assist us in keeping pace with the existing customer growth and product demand.” said Roger Rogers, President & CFO
About Organigram Holdings Inc.
Organigram Holdings Inc. is a TSX Venture Exchange listed company whose wholly owned subsidiary, Organigram Inc., is a licensed producer of medical marijuana in Canada. Organigram is focused on producing the highest quality, condition specific medical marijuana for patients in Canada. Organigram’s facility is located in Moncton, New Brunswick and the Company is regulated by the Marihuana for Medical Purposes Regulations.
On Behalf of the Board of Directors of Organigram,
Denis Arsenault
Director & CEO
For further information please contact:
Brett Allan, Director of Investor Relations
OrganiGram Holdings Inc.
brett@organigram.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds, the results of financing efforts, the results of exploration activities — that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.