OGI · Categories · M&A
OGI - Mergers and acquisitions
Organigram Global Inc. (OGI) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for OGI
- Organigram Enters U.S. Through Acquisition of Collective Project BeveragesAcquisition Marks Commercial Market Entry in the Fast-Growing Hemp-Derived THC Beverage Category in the U.S. and the Emerging Canadian Cannabis Beverage Category Organigram Global Inc. (NASDAQ:OGI) (TSX:OGI), (the "Company" or "Organigram"), Canada's #1 cannabis company by market share, is pleased to announce the acquisition of 100% of the issued and outstanding shares of Collective Project Limited ("CPL") for upfront consideration of approximately C$6.2 million, potential milestone payments and potential earnout payments totaling in the aggregate up to C$24M for the twelve-month periods ending September 30, 2025 and September 30, 2026. This press release features multimedia. View the full
- Organigram Acquires Motif, Becoming Canada's Largest Cannabis Company by Market ShareTransformational Acquisition Results in Cannabis Pure Play Leader, Coast-to-Coast Geographic Strength and Proven Excellence in Consumer-Focused Innovation, Cultivation, Product Development, Extraction and Manufacturing Combination results in #1 market share position in the Canadian recreational cannabis market1 Catapults Organigram into the #1 position in the vape category and accelerates the Company's market share in the fast-growing infused pre-roll segment1 Strong brand portfolio now anchored by Organigram's "SHRED" and Motif's "BOXHOT" - two of Canada's beloved cannabis brands Highly complementary product portfolios with expanded geographic reach Organigram gains strategi
- Organigram Acquires Quebec-Based Laurentian Organic Inc. in Accretive TransactionLeading premium hash brand, Tremblant Cannabis, and craft brand, Laurentian, complement Organigram's portfolio of consumer-centric brands Strengthens Organigram's position in the second most populous province of Quebec Expands Organigram's high-margin, premium brand and product offering Brings Quebec's top selling hash brand to the Organigram portfolio, with Tremblant Cannabis Adds an artisanal craft brand, Laurentian, to Organigram's existing brand portfolio Is highly accretive on both a revenue and EBITDA basis expediting Organigram's target timing to EBITDA positivity Organigram Holdings Inc. (TSX:OGI, NASDAQ:OGI), the parent company of Organigram Inc. (collectively "Organigr
- Organigram Reports Second Quarter Fiscal 2021 ResultsLaunched 62 new stock-keeping units (SKUs) since July 2020 as part of the Company's product portfolio revitalization; up to 31 more SKUs expected to launch by the end of Q3 2021 SHRED was the #1 most-searched brand on the Ontario Cannabis Store website for the last 5 consecutive months1 and Edison was among the most-searched brands in November 2020, January and February 2021 On March 11, 2021, announced a product development collaboration with BAT and a strategic investment of ~$221 million from a BAT subsidiary for 19.9% equity interest in Organigram On April 1, 2021, repaid all outstanding balances under the credit facility agreement for annual interest savings of $2.7 million2 and
- Organigram Acquires Soft Chew Manufacturer: Edibles & Infusions Corporation, a Cannabis Processor Backed by Decades of Confectionary ExperienceMONCTON, New Brunswick--(BUSINESS WIRE)--Organigram Holdings Inc. (“OGI”, TSX: OGI and NASDAQ: OGI), the parent company of Organigram Inc. (together with OGI, “Organigram” or the “Company”), a leading producer of cannabis, is pleased to announce it has acquired all of the issued and outstanding shares of The Edibles & Infusions Corporation (“EIC”) (the “EIC Acquisition”) for consideration of $22.0 million, plus up to an additional $13.0 million in shares (the “Milestone Consideration”) payable upon the EIC business achieving certain earnout milestones (the “Milestones”). The EIC Acquisition further broadens Organigram’s continuum of product offerings and provides an operational foot