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Organigram to Cover Cost of Excise Tax for Registered Medical Cannabis Patients

September 12, 2018

MONCTON, NB, Sept. 12, 2018 - As a medical company, Organigram remains committed first and foremost to its patients. Since the first day we began supplying patients with medicinal cannabis in 2014, we have felt privileged to be trusted as part of so many Canadians’ wellness plans.

With the impending implementation of The Cannabis Act, the federal regulations which govern Canadians’ access to medical cannabis are about to change. Part of these changes include the implementation of a $1/gram (or 10 per cent of sale price) excise tax on all medical cannabis products.

We recognize that, for many patients, affordability can become a barrier to access to medication. As such, this excise tax will cause undue hardship and an unnecessary barrier to access for medical cannabis patients. We believe Canadians who have come to rely on medical cannabis should not be affected by changes brought on by Canada’s recreational cannabis program.

Upon passage of the Cannabis Act on October 17, 2018, Organigram will cover the cost of the $1/gram (or 10 per cent of sale price) excise tax on medical cannabis products for all registered Organigram patients to ensure their costs do not increase.

“We are on the edge of a major and historical cultural shift with the implementation of the Cannabis Act. Many cannabis patients have struggled for years to achieve the access to medication they are afforded today, and we feel they should not be negatively impacted by this change in policy,” Organigram CEO Greg Engel said. “It is important for us as a company to show them they are supported through this period.”

Following our first announcement regarding plans to supply the recreational cannabis market in September 2017, we reaffirmed our commitment to supply Organigram patients first. A set supply of core cannabis products, including whole flower, premium blends and edible oils, have been allocated for Organigram patients to ensure they never see a shortage and are always able to access their medication. Organigram remains further committed to ensuring fair access with our Compassionate Pricing Program, voted best-in-class by patients from coast-to-coast at the Canadian Cannabis Awards in 2017.

For more information, contact the Organigram Client Care Department at 1-844-644-4726 (1-844-OGI-GRAM) or email info@organigram.ca.

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