Organigram Holdings Inc. to receive $124 million investment from BT DE Investments Inc.

Goodmans LLP is acting for Organigram Holdings Inc., the parent company of Organigram Inc., a leading licensed producer of cannabis, in connection with its C$124.6 million follow-on strategic equity investment from BT DE Investments Inc., a wholly-owned subsidiary of BAT.

Organigram will use the majority of the investment to establish a strategic investment pool named Jupiter, focusing on emerging cannabis opportunities to expand globally. This move aligns with Organigram's strategic priority of geographic expansion in response to the growing legal recreational cannabis market.

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Organigram Holdings Inc. to receive $124 million investment from BT DE Investments Inc.

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Organigram Holdings Inc. to receive $124 million investment from BT DE Investments Inc.

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