ORGANIGRAM Corporate Presentation slide image

ORGANIGRAM Corporate Presentation

Phase 4 Expansion of Moncton Campus • Current licensed production capacity of 89,000kg/yr¹, with all Phase 4A and Phase 4B rooms licensed Delayed completion of Phase 4C until more clarity on longer term consumer demand and to: • Prioritize and effectively manage cash flow; and • Potentially use portions of Phase 4C space for other strategic purposes Management believes it can complete remaining construction on Phase 4C in a relatively short timeframe to respond to increased consumer demand TARGET PRODUCTION CAPACITY¹ CURRENT LICENSED CAPACITY 89,000 kg/yr 113,000 kg/yr² DELAYED PHASE 4C COMPLETION DUE TO MARKET CONDITIONS PHASE 4A & 4B COMPLETE W/PHASE 4C 1 Target production capacity once licensed and fully operational; several factors can cause actual capacity and costs to differ from estimates. See "Risk Factors" in the Company's Q1 2020 MD&A. 8 2 113,000 kg/yr is total target production capacity if and when the Company decides to finish Phase 4C as designed ORGANIGRAM 8
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