MONCTON, May 17, 2019 /CNW/ - Organigram Holdings
Inc. (TSX VENTURE: OGI) (OTCQX: OGRMF), the parent company of
Organigram Inc. (the "Company" or "Organigram"), a leading licensed
producer of cannabis, is pleased to announce that its common shares
will commence trading on the Nasdaq Global Select Market under the
symbol "OGI" on Tuesday May 21, 2019.
Organigram's common shares will continue to be listed and trade on
the Toronto Venture Exchange (TSXV), also under the
symbol "OGI". The Company's common shares will continue to trade on
the OTCQX under the symbol "OGRMF" until market close on May
20, 2019.
In conjunction with this Nasdaq listing, Organigram's common
shares will become DWAC/FAST eligible for U.S. shareholders.
"We are pleased to celebrate this significant company
milestone," says Greg Engel, CEO,
Organigram. "We are proud to have assembled a world-class team and
facility that continues to deliver value to our shareholders. This
listing will help us continue to demonstrate our commitment to
dynamic growth."
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 cannabis and cannabis-derived products in
Canada.
Organigram is focused on producing the highest-quality,
indoor-grown cannabis for patients and adult recreational consumers
in Canada, as well as developing
international business partnerships to extend the Company's global
footprint. Organigram has also developed a portfolio of legal adult
use recreational cannabis brands including The Edison Cannabis
Company, Ankr Organics, Trailer Park Buds and
Trailblazer. Organigram's primary facility is located
in Moncton, New Brunswick and
the Company is regulated by the Cannabis Act and
the Cannabis Regulations (Canada).
Neither 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. Often,
but not always, forward-looking information can be identified by
the use of words such as "plans", "expects", "estimates",
"intends", "anticipates", "believes" or variations of such words
and phrases or state that certain actions, events, or results
"may", "could", "would", "might" or "will" be taken, occur or be
achieved. Forward-looking information involves known and unknown
risks, uncertainties and other factors that may cause actual
results, events, performance or achievements of Organigram to
differ materially from current expectations or future results,
performance or achievements expressed or implied by the
forward-looking information contained in this news release.
Examples of such statements include statements with respect to its
inaugural trading date. Risks, uncertainties and other factors
involved with 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, including risks associated with timing and regulatory
approvals and such risks as disclosed in the Company's most recent
annual information form and other 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.
Although the Company believes that the assumptions and factors used
in preparing the forward-looking information in this news release
are reasonable, undue reliance should not be placed on such
information and no assurance can be given that such events will
occur in the disclosed time frames or at all. The forward-looking
information included in this news release are made as of the date
of this news 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 as a result
of new information, future events or otherwise. We seek safe
harbor.
SOURCE OrganiGram