1Q24 Investor Update
INVESTMENT IN DISRUPTIVE SHREDX
VAPING TECHNOLOGY
●
In March of 2023, Organigram invested C$5.5M into Greentank,
a vape R&D firm and hardware manufacturer
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Greentank's heating technology is the first meaningful
innovation in the vape space in almost a decade.
• Invented a novel heating element which replaces ceramic which
will produce more consistent flavour, reduce clogging and
produce smaller particle size which may increase potency
With an 18-month exclusivity period, it will transform
Organigram's vape hardware line-up and enhance market
position.
• Commercialization began in Q2 F2024
ORGANIGRAM
ALIME GO
SHREDX
NER PUCKER P
SHREDY
GRAPPLE JUIC
FRESHER FLAVOUR
First-Puff flavour from start to finish
(no ceramic burnt oil taste!)
COLDER VAPOUR
50% colder vapour* vs.
leading ceramic based heating technology
DEEPER HITS
Smaller vapour particles for
smoother, deeper tokes
QUANTUM
LONGER BATTERY LIFE
Less vapourizing power required
= 30% longer battery life*
VAPE
*Based on initial lab testing vs. leading ceramic based heating technology
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