Organigram Gets Expanded Cultivation License from Health Canada

Organigram Holdings (TSXV:OGI; OTCQB:OGRMF) received an expanded cultivation license from Health Canada for its phase 2 expansion.

As quoted in the press release:

As a result of this approval, cannabis plants were moved into these new rooms on a rolling basis beginning on February 10, 2018. The Company will be in a position to begin staggered harvests from these new rooms by the third week of April. The remaining 13 rooms are expected to come on line by March 10 pending Health Canada approval.

The Phase 2 expansion also includes significant improvements and efficiencies to the Company’s cultivation and processing systems. Enhancements including a fully automated irrigation system in the Phase 2 grow rooms, automated potting, fully automated waste destruction system and automated packaging lines mean immediate and ongoing cost savings as well as increased yields.

“As a company, we are steadfast in our commitment to applying technology to the efficient production of exceptional cannabis products,” explains Engel. “Our pursuit of best-in-class processes reflects our commitment to industry leadership and unprecedented customer value.”

Click here to read the full press release.

Source: www.newswire.ca