Q1 Fiscal 2024 Capital Structure Review
•
ORGANIGRAM KEY STRENGTHS
***
STRONG
BALANCE SHEET
Negligible debt (less
than $0.2M)
$54.6M in cash1
Balance sheet to be
further strengthened
by $124.6M follow-
on commitment from
BAT announced Nov
ember 6, 2023
STATE-OF-THE-
ART FACILITIES
Moncton facility is one
of the largest indoor
cannabis facility in the
world
Centre of Excellence,
an R&D collaboration in
partnership with BAT
Dedicated edibles
facility in Winnipeg, MB
Craft cultivation and
hash facility in Lac-
Supérieur, QB
·
HIGH
PERFORMING
$233.6M gross
revenue in FY2023
•
#2 in national
market share²
.
#1 market share in
milled flower and
hash²
•
#2 market share in
gummies²
#3 market share in
pre-rolls and
flower²
NATIONAL &
INTERNATIONAL
REACH
National sales and
distribution in all 10
Canadian provinces
and the Yukon
Serving international
markets via export
permits
Creation of project
Jupiter - an $83
million strategic
investment pool
focused on
international markets
•
INNOVATION
FOCUS
First to market with
multiple award-
winning innovative
formats
EXCELLENCE IN
EXECUTION
Consumer insights-
focused leading to
brand & product
excellence
PDC with BAT for
long term research
and IP
Launched exclusive
new vape hardware
in Q2 F2024
Invested in seed-
based production
and in biosynthesis
Track record of
successful post-M&A
integrations
Responsible capital
stewardship resulting
in flexibility in tough
market conditions
ORGANIGRAM
1. Including restricted cash as of December 31, 2023.
2. As of December 31, 2023 - Multiple Sources (Hifyre, Weedcrawler, provincial boards, internal modelling).
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