MONCTON, NB, Dec. 29, 2017 /CNW/ - Organigram Holdings Inc. -
(TSXV:OGI)(OTCQB:OGRMF) ("Organigram" or the
"Company") announces that it has issued an aggregate of
40,000 incentive stock options to Derrick
West a director of the Company, at an exercise price of
$3.70 per share.
All of the above-mentioned options have been granted
pursuant to the Company's Stock Option Plan which has been
previously approved by the Company's shareholders and the TSX
Venture Exchange. In accordance with the Plan, all such options
shall expire 10 years after issuance.
For more information, visit
www.organigram.ca
About Organigram Holdings Inc.
Organigram Holdings Inc. is a TSX Venture Exchange listed
company whose wholly owned subsidiary, Organigram Inc., is a
licensed producer of medical marijuana in Canada. Organigram is focused on producing the
highest quality, condition specific medical marijuana for patients
in Canada. Organigram's facility
is located in Moncton, New
Brunswick and the Company is regulated by the Access to
Cannabis for Medical Purposes Regulations ("ACMPR").
Organigram has been ranked in the top ten Clean
Technology & Life Sciences Sector on the TSX Venture Exchange
50.
Neither the 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
which involves known and unknown risks, uncertainties and other
factors that may cause actual events to differ materially from
current expectations. Important factors - including the
availability of funds, consummation of definitive documentation,
the results of financing efforts, crop yields - that could cause
actual results to differ materially from the Company's expectations
are disclosed in the Company's documents filed from time to time on
SEDAR (see www.sedar.com). Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date of this press release. The Company disclaims any
intention or obligation, except to the extent required by law, to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
SOURCE OrganiGram