ORGANIGRAM Corporate Presentation

Select Key Fiscal 2019 Financial Metrics (in 000s) unless indicated FISCAL 2019 FISCAL 2018 % CHANGE Gross revenue Excise taxes 97,547 12,429 685% (17,134) n/m Net revenue 80,413 12,429 547% Cost of sales (incl. indirect production) 42,521 6,814 524% Gross margin (GM) before FV changes 37,892 5,615 575% FV changes to bio assets & inventories 10,577 46,018 (77)% Gross margin 48,469 51,633 (6)% SG&A¹ 33,218 10,989 202% Net income (loss) from continuing ops (9,504) 22, 124 n/m Select Non-IFRS Metrics GM before FV changes as % of net revenue 47% 45% 2% SG&A as a % of net revenue 41% 88% Adjusted EBITDA² 19,900 (1,003) (47)% n/m Adjusted EBITDA as a % of net revenue² 25% n/m n/m 1 24 2 Sales and marketing and general and administrative expenses (excludes noncash share based compensation and impairment loss) Adjusted EBITDA is a nonIFRS measure -please see Company's Q4 2019 MD&A. ORGANIGRAM

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