1Q24 Investor Update
STRONG BALANCE
SHEET AND LIQUIDITY
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On December 31, 2023, the Company had cash of $54.6
million (including restricted cash)
In Q1 F2024, Organigram generated $7.7 million in cash
flow from operations
In January 2024, the Company closed the first $41.5 million
tranche of $124.6 million follow-on investment from BAT
Negligible debt (less than $0.2 million)
ORGANIGRAM
*
THC
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