Organigram Provides Update on Integration of Sanity Group and Unified Global Operating Model

James Yamanaka, Chief Executive Officer of Organigram

“At our Investor Session, I said that Canada is our foundation, that we need to improve its profitability, and that every dollar we invest has to earn its place”

James Yamanaka, Chief Executive Officer of Organigram

“Today's actions deliver on that. We expect them to lower our cost base and improve the profitability of our business, and operating as a unified global enterprise gives us clearer accountability and a structure that can scale. These savings strengthen our ability to generate consistent cash flow and to invest with discipline behind our highest-return opportunities.”

Adrian Frenzel, Chief Operating Officer of Organigram

“Bringing operations together under one accountable structure gives us a clear line of sight from cultivation through to the finished product”

Adrian Frenzel, Chief Operating Officer of Organigram

“As we simplify production flows, increase automation and standardize processes across our production sites, we expect lower unit costs, more consistent quality and stronger gross margins over time in our operations. We will keep looking for further ways to make our operations more efficient.”