OrganiGram (OGI) Status Update summary

Market context and company positioning

• Cannabis sector has seen significant share price declines, with major Canadian players down 61% over the past year.

• Despite industry headwinds, the company has matured, expanded, and maintained a focus on innovation and consumer needs.

• The company is now the largest Canadian LP by market share and recreational net revenue, operating five advanced facilities.

Strategic growth and operational excellence

• Major acquisitions, including Motif Labs and Collective Project, have expanded product offerings and market reach.

• Investments in automation, capacity, and R&D have driven cost reductions and efficiency gains, with CAD 10 million in annual cost savings identified.

• International expansion is a key focus, with exports to Australia, Germany, and the UK, and a $21 million investment in Germany's Sanity Group.

Brand leadership and innovation

• Portfolio includes leading brands like Shred, Boxhot, and Edison, with Shred generating $224 million in annual retail sales.

• Innovation is driven by a proprietary seed-to-brand platform, seed-based cultivation, and science-backed product development.

• Nano-emulsion technology enables faster onset and higher potency in edibles and beverages, supporting new product launches.