TORONTO–(BUSINESS WIRE)–Organigram Holdings Inc. (TSX: OGI and NASDAQ: OGI), the parent company of Organigram Inc. (collectively “Organigram” or the “Company”), a leading licensed producer of cannabis, is pleased to announce the launch of its social impact strategy ‘Organogram working for good’ with the objective of ‘Building healthy communities where we live and work.’ As part of this strategy, the Company is committed to giving back by joining the Pledge 1% movement. Organigram has made a “1% of the time” commitment, which means the company will dedicate 1% of its employees’ time to local volunteer programs. Organigram employees across Canada will be encouraged to support causes and events in the communities in which they live and work through group or individual volunteer opportunities.
“As a team and as a company, we are committed to making positive contributions to our communities and supporting causes important to our employees,” said Beena Goldenberg, CEO of Organigram. “Pledge 1% is an important and dynamic part of our overall social impact strategy. Our goal is to be a company that works for good, working together to intentionally identify the needs of our communities and respond to them in meaningful ways.
Pledge 1% is a global movement created to create a new normal for businesses of all sizes and stages to have a positive social impact through their activities. Organigram joins more than 12,000 companies around the world who have committed to the Pledge 1% movement.
The Pledge 1% initiative is an extension of Organigram’s existing social giving efforts. “As our business footprint grows, so should our ability to do good,” says Goldenberg. “We pride ourselves on facilitating employee time donations and expect that commitment to grow over time.”
Organigram is proud to join the Pledge 1% community and encourages other businesses to get involved and make their business a force for good.
For more information on Organigram’s social impact strategy, visit www.organigram.ca/operating-for-good
For more information on Pledge 1%, visit www.pledge1percent.org
About Organigram Holdings Inc.
Organigram Holdings Inc. is a NASDAQ Global Select Market and TSX listed company whose wholly-owned subsidiaries include: Organigram Inc. and Laurentian Organic Inc., licensed producers of cannabis and cannabis-derived products in Canada, and The Edibles and Infusions Corporation, a licensed manufacturer of cannabis-infused chews in Canada.
Organigram is focused on producing high-quality cannabis for patients and adult recreational users, as well as developing international business partnerships to expand the company’s global footprint. Organigram has also developed and acquired a portfolio of legal adult-use recreational cannabis brands, including Edison, Big Bag O’ Buds, SHRED, SHRED’ems, Monjour, Laurentian, Tremblant Cannabis and Trailblazer. Organigram operates facilities in Moncton, New Brunswick and Lac-Supérieur, Quebec, with a dedicated edibles manufacturing facility in Winnipeg, Manitoba. The Company is governed by the Cannabis Act and the Cannabis Regulations (Canada).
This press release contains forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as “anticipates”, “expects”, “estimates”, “intends”, “anticipates”, “believes”. or variations of these words and phrases. or state that certain actions, events or results “could”, “could”, “would”, “could” or “would” be taken, occur or be achieved. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause Organigram’s actual results, events, performance or achievements to differ materially from current expectations or future results, performance or achievements expressed or implied by the forward-looking information contained in this press release. The risks, uncertainties and other factors involved in 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. Information Circular, MD&A and other Company documents filed from time to time on SEDAR (see www.sedar.com) and filed or provided 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 contained in this press release are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur. within the disclosed time frame or at all. The forward-looking information included in this press release is made as of the date of this press 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 either as a result of new information, future events or otherwise.
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