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Filed by newsfilecorp.com Organigram becomes exclusive Canadian supplier of Feather Company s design-patented vaporizer hardware and technology Agreement pairs innovative Edison brand with unique, proprietary delivery me

Key Takeaway: Organigram becomes exclusive Canadian supplier of design-patented vaporizer hardware Agreement pairs innovative Edison brand with unique, delivery mechanism for discerning & sophisticated consumers MONCTON, June 18, 2019/CNW/ - As the legalization of adult use recreational c

Full Press Release Details

Organigram becomes exclusive Canadian supplier of
design-patented vaporizer hardware
Agreement pairs innovative Edison brand with unique,
delivery mechanism for discerning & sophisticated consumers
MONCTON, June 18, 2019/CNW/ - As the legalization of adult use
recreational cannabis continues to transform the cannabis landscape in Canada
and around the world, Organigram Holdings Inc. (TSX VENTURE: OGI) (NASDAQ: OGI),
the parent company of Organigram Inc. (the "Company" or "Organigram"), a leading
licensed producer of cannabis, is pleased to announce it has signed an exclusive
agreement with Feather Company Ltd. ("Feather"), a cannabis innovator and
lifestyle brand committed to the production of premium-quality products that
enhance the cannabis experience for customers. The disposable vaporizer pen and
5/10 thread cartridges for targeted adult-use customer segments will be
available following legalization of this product category currently scheduled to
come into effect as of October 2019.
Organigram, through the Edison Cannabis Co. brand, has
an exclusive license to Feather s proprietary vaporizer pen technology and form
factor. The relationship will also allow Organigram to represent Feather across
Canada from a commercial perspective. This agreement reflects both companies
commitment to transformative thinking and unique customer experiences.
"A successful recreational cannabis market requires that
licensed producers and their partners continually reimagine the cannabis
experience," says Ray Gracewood, Senior Vice President, Marketing and
Communications, Organigram. "It is critical for Organigram to find unique ways
to offer customers the kind of value that will help differentiate our brands.
The future is in providing unique opportunities for customers to explore the
Feather s technology and hardware offers Organigram s Edison
brand a unique, proprietary delivery mechanism for discerning and sophisticated
consumers and will compliment the companies recently announced partnership with
PAX, a leader in closed-loop vaporizable technology offered through the PAX Era
"We are thrilled to be working with Organigram", says Patrick
Lehoux, CEO, Feather. "As patients, enthusiasts and advocates for the cannabis
community, we are committed to applying our diverse skills to produce the best
experience for consumers. Our partnership with Organigram opens new and exciting
opportunities for us to do just that. We believe in the Edison brand and
Organigram s best-in-class facility ensures that we are partnered with a team
committed to producing a consistent, premium product."
"Organigram has been proud to offer our customers high quality
products they can depend on," says Gracewood. "Next, we want them to also depend
on our ability to surprise and delight them with new thinking and novel products
Organigram has secured cannabis distribution arrangements
across Canada, in all ten provinces. The Company plans to approach all ten
provinces with Feather s disposable and cartridge-based units.
About Organigram Holdings Inc.
Organigram Holdings Inc. is a NASDAQ Global Select and 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).
For Investor Relations enquiries, please contact:
Amy Schwalm
Vice President, Investor Relations
Amy.Schwalm@organigram.ca
(416) 704-9057
For Media enquiries, please contact:
Ray Gracewood
Senior Vice President, Marketing and Communications
rgracewood@organigram.ca
(506) 645-1653
About Feather Company Ltd.
Feather Company Ltd. is a lifestyle design brand. We believe
that good design combined with quality cannabis makes for great intuitive
experiences. Our mission is simple, we make great products that elevate the
everyday, one person and one moment at a time. With offices in Toronto, Sudbury
and Ottawa, our multidisciplinary teams include brand, product design, research
& development and marketing.
For Investor Relations enquiries, please contact:
Patrick Lehoux
Founder and CEO
investors@feather.com
For Media enquiries, please contact:
Dominic Coballe
Chief Creative Officer
press@feather.com
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 the ability to distribute
Feather pens through the various Provinces and the timing of legalization of
same. 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 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.
Last updated: Jun 18, 2019