Strategic Investments and Adjusted Gross Margin Report slide image

Strategic Investments and Adjusted Gross Margin Report

Q1 F2024 KEY EFFICIENCY HIGHLIGHTS Moncton • • • • . Harvest of 19,860 kg in Q1 F2024 Increasing efficiency through internalizing testing and remediation, as well as increasing automation - $2.1M in savings realized in Q1 F2024 53% increase in flower produced with over 24% THC content Cantos machine pre-roll production run rate improved by 38% CME pre-roll packaging machine improved throughput by 100% SHRED Heavies production rate improved 150% Lac-Supérieur Construction complete with second ultrasonic knife added to meet strong demand for Rip-Strip Hash while lowering labour costs Greenhouse expanded to 2400 kg/year - first harvest completed in December 2023 PDC & Center of Excellence . For ingestible innovations, Organigram has completed pharmacokinetic (PK) studies to substantiate benefits of emulsification technologies and analysis of results is underway EFFICIENCY ORGANIGRAM
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