Organigram Conditionally Approved to Graduate to the TSX
09 Août 2019 - 2:00AM
Business Wire
Organigram Holdings Inc. (NASDAQ: OGI) (TSX VENTURE: OGI), the
parent company of Organigram Inc. (the “Company” or “Organigram”),
a leading licensed producer of cannabis, is pleased to announce it
has received conditional approval from the Toronto Stock Exchange
(“TSX”) to graduate from the TSX Venture Exchange (“TSXV”) and list
its common shares on the TSX under the symbol “OGI.”
“Graduating to the TSX is a significant milestone for us as a
corporation,” says Greg Engel, CEO, Organigram. “Our stakeholders
have an eye on this marketplace and this graduation will broaden
our reach within the investment community and encourage new
investors to learn more about our business, our growth plans and
corporate objectives.”
Final approval of the listing is subject to the Company
fulfilling certain customary conditions required by the TSX. The
Company will issue a statement once the TSX confirms the date on
which trading on the TSX will commence. Upon completion of the
final listing requirements, Organigram’s common shares will be
delisted from the TSXV and commence trading on the TSX under the
symbol “OGI”.
About Organigram Holdings Inc.
Organigram Holdings Inc. is a NASDAQ Global Select and TSX
Venture Exchange listed company whose wholly owned subsidiary,
Organigram Inc., is a licensed producer of cannabis and
cannabis-derived products in Canada.
Organigram is focused on producing high-quality, indoor-grown
cannabis for patients and adult recreational consumers in Canada,
as well as developing international business partnerships to extend
the Company's global footprint. Organigram has also developed a
portfolio of legal adult use recreational cannabis brands including
The Edison Cannabis Company, Ankr Organics, Trailer Park Buds and
Trailblazer. Organigram's primary facility is located in Moncton,
New Brunswick and the Company is regulated by the Cannabis Act and
the Cannabis Regulations (Canada).
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This news release contains forward-looking information. Often,
but not always, forward-looking information can be identified by
the use of words such as “plans”, “expects”, “estimates”,
“intends”, “anticipates”, “believes” or variations of such words
and phrases or state that certain actions, events, or results
“may”, “could”, “would”, “might” or “will” be taken, occur or be
achieved. Forward-looking information involves known and unknown
risks, uncertainties and other factors that may cause actual
results, events, performance or achievements of Organigram to
differ materially from current expectations or future results,
performance or achievements expressed or implied by the
forward-looking information contained in this news release. Risks,
uncertainties and other factors involved with forward-looking
information could cause actual events, results, performance,
prospects and opportunities to differ materially from those
expressed or implied by such forward-looking information include
results of testing, unforeseen delays in steps related to product
testing and development; including risks as disclosed in the
Company’s most recent annual information form, management’s
discussion and analysis and other Company documents filed from time
to time on SEDAR (see www.sedar.com) and filed or furnished to the
Securities and Exchange Commission on EDGAR (see www.sec.gov).
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. Although the Company believes that the assumptions
and factors used in preparing the forward-looking information in
this news release are reasonable, undue reliance should not be
placed on such information and no assurance can be given that such
events will occur in the disclosed time frames or at all. The
forward-looking information included in this news release are made
as of the date of this news release and the Company disclaims any
intention or obligation, except to the extent required by law, to
update or revise any forward-looking information, whether as a
result of new information, future events or otherwise. We seek safe
harbor.
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version on businesswire.com: https://www.businesswire.com/news/home/20190808005808/en/
For Organigram Investor Relations enquiries, please contact: Amy
Schwalm Vice President, Investor Relations
Amy.Schwalm@organigram.ca (416)
704-9057 For Organigram Media enquiries, please contact: Ray
Gracewood Senior Vice President, Marketing and Communications
rgracewood@organigram.ca (506) 645-1653
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