Strategic Investments and Adjusted Gross Margin Report
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FISCAL 2024 OUTLOOK
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Expecting solid F24 net revenue - anticipated to be higher
than Fiscal23 due to:
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Strong market share - positioned as the #2 LP1
Continued expansion of product portfolio in multiple segments
Focus on expansion in key growth categories of vapes and pre-rolls
Greater capacity to meet demand while realizing operational
efficiencies
Continuation and expansion of international shipments
Improvement in both adjusted gross margins2 and
adjusted EBITDA³ margins
F2024 capex program materially reduced from $29 million in F2023
to a target of $7 million in F2024
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THC
CoTotal CBOT
SHREDENS
WILD BERRY BLAZE
BAJES SAUVAGES ECLATANTES
40
FPOUT OF REACH OF SEAPORTS
WARNING: Frequent and prolonged use of cannabis containing
contribute to mental health problems over time. Daly or soar da
The of dependence and my bng on or seren daar
to anty and depression
MISE EN GARDE La consommation frequente et prolongée
soptenant de THC peut entrainer des problemes de santa c
auctiderne ou presence suge
pubies Ms aty
THC
EDISON
JOLTS
HLY MINTED
SAPHIRE SCOUT
WARNING: Freuent and
cannabis
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FLEUR ARTISANALE
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TREMBLANT
As of December, 31 2023 - Multiple Sources (Hify re, Weedcrawler, provincial boards, internal modelling)
Adjusted gross margin is a non-IFRS financial measure. See the cautionary statement regarding non-IFRS
financial measures.
Adjusted EBITDA is a non-IFRS financial measure not defined by and does not have any standardized meaning
under IFRS and might not be comparable to similar financial measures disclosed by other issuers. See the
cautionary statement regarding non-IFRS financial measures.
ORGANIGRAM
CANNABISView entire presentation