Organigram Hits One Million Pre-Rolls, Continues Moncton Campus Expansion

Published: February 1, 2019

Organigram Hits One Million Pre-Rolls, Continues Moncton Campus Expansion

Organigram Holdings Inc., the parent company of Organigram Inc., a leading licensed producer of cannabis has reached – and already surpassed – the production of one million cannabis pre-rolls since the legalization of adult use recreational cannabis in October 2018. The Company credits the automation of its processes along with surging consumer demand for the success of its large-scale production.

“At Organigram, we are proud to be among a select group of licensed producers who have been able to rise to the challenge of large-scale pre-roll production,” said Greg Engel, CEO, Organigram. “Our operations team has done an amazing job introducing automation to important parts of our process, building our overall capacity while retaining our focus on product quality.”

A national player in Canada’s burgeoning cannabis industry, with supply agreements in every province except Quebec, Organigram has been able to identify opportunities for both production innovation and efficiencies to help ensure the Company delivers a consistent supply of high-quality products to customers across the country. To date, very few licensed producers have been able to supply the market with dried cannabis pre-rolls which are in very high demand, which makes the one million pre-rolled cannabis products milestone even more impressive.

Approaching legalization, the Company expected demand for cannabis pre-rolls to be in line with other regulated markets at approximately 10 per cent, although sales to this point have surpassed that due to high customer demand and industry under-supply. To this point, pre-rolled products represent approximately 12 per cent of all Organigram gross sales. Organigram currently supplies Edison Cannabis and Trailblazer 0.5g pre-rolls to nine provinces from coast to coast.

“We take our commitments to our partners and customers very seriously,” said Engel. “Through an aggressive but highly actionable growth strategy, meaning that with the expansion of our team, its expertise and our facility, we are on track to deliver on our strategic promises.”