Q1 Fiscal 2024 Capital Structure Review
LONG-TERM STRATEGY
Organigram has strategically deployed capital to fuel automation, production efficiency, and product consistency
needed to attract and retain international distribution partners
•
Production and packaging lines for gummies, milled flower,
and pre-rolls are now highly automated
Conversion of portion of grow rooms to seed-based
production in F2024 drives product consistency and further
cost savings
$124.6M follow-on investment from BAT to fund
international and strategic growth initiatives²
$18.9M in international sales in F2023 (Australia & Israel).
German shipments commenced in January 2024, and UK
shipments expected to commence within the coming
months.
EFFICIENCY
EXPANSION
Leverage our brands, product portfolio and culture of innovation to:
1. British American Tobacco p.l.c., ("BAT") strategic investor in
Organigram.
2. Announced on November 6, 2023.
Deliver long-term
shareholder value
Reach
new markets
ORGANIGRAM
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