Organigram Provides Update on Integration of Sanity Group and Unified Global Operating Model
TORONTO -- Organigram Global Inc. (NASDAQ: OGI) (TSX: OGI) (the "Company" or "Organigram"), Canada's #1 cannabis company by market share 1 and a growing global cannabis platform, today provided an update on the previously announced accelerated integration of Sanity Group GmbH (“Sanity Group”) and unified global operating model, which completes the integration of Sanity Group and aligns the Company as one enterprise.
The Company expects these actions, which include a series of operating efficiencies concentrated in its Canadian business, to deliver annualized run-rate cost savings in the range of $8 million to $10 million in Fiscal 2027, advancing the profitability of the business and supporting disciplined global growth.
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