1Q24 Investor Update
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01 F2024 STRATEGIC
HIGHLIGHTS
Completed planting first seed-based production grow room resulting from
strategic investment in US-based Phylos
• Advanced the second tranche of US$2.75 million to Phylos for a total current
investment of US$6.0 million in senior secured convertible loans due to early
achievement of THCV concentration and aroma milestones for F1 seeds
• Completed first craft harvest resulting from the completed expansion of the
Company's Lac-Supérieur facility
• Product Development Collaboration with BAT moving rapidly toward product
commercialization. PK study for nano-emulsion gummy technology complete and
the Company is compiling and analyzing results to substantiate product claims.
regarding onset and half-life
• Applied for EU-GMP certification of Moncton facility in November 2023 and
awaiting audit
• Subsequent to Q1 F2024 announced shareholder approval and closing of first
$41.5 million tranche of $124.6 million follow-on investment from BAT and
creation of the Jupiter investment pool to increase Organigram's international
footprint
ORGANIGRAM
BAT
A BETTER TOMORROW
afo PHYLOS
BIOSCIENCE
GREENTANKView entire presentation