Organigram Holdings (OGI) Invests in Sanity Group
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Organigram Invests in Sanity Group, a Leading German Cannabis Company
June 25, 2024 8:00 AM EDTSecond Jupiter investment strengthens Organigrams European access, including to the high-growth market of Germany
Highlights:
Concurrent to the investment, Organigram and Sanity Group have entered into a new supply agreement to include significantly higher volumes and the intention to work together on the commercialization of Organigrams brands and intellectual property (IP) in Germany. Investment in the form of an unsecured convertible note combined with a minority equity stake in Sanity Group. Organigram entitled to appoint a representative to Sanity Groups Board of Directors.... More
