- OGI recently received government approval and licensing for 17 additional cultivation rooms
- The company’s licensed production capacity now totals 76,000 kilograms per year
- Organigram’s strategic plan for continued expansion is reportedly on schedule
Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI), a leading Canadian licensed producer (LP) of premium-quality cannabis and extract-based products, has obtained Health Canada approval for licensing of 17 additional cultivation rooms. The move brings the company’s total target licensed production capacity to 76,000 kilograms per year (http://cnw.fm/9z5aA). This is the next step in the company’s strategic plan to increase capacity and further improve its efficiencies of scale.
The new cultivation rooms represent approximately 15,000 kilograms per year of additional production capacity and are part of Organigram’s strategic phase…
NOTE TO INVESTORS: The latest news and updates relating to OGI are available in the company’s newsroom at http://cnw.fm/OGRMF
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