Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Secures Financing, Receives Organic Certification for Recreational Cannabis
The company’s recreational cannabis plants and growing processes received organic certification from Pro-Cert Organic Systems Ltd. The certification is an important part of the company’s expansion strategy, as the market demand for organic cannabis products is on the upswing Organigram recently announced that it has secured a C$140 million credit facility with Bank of Montreal as the lead arranger and agent, which will largely be used to fund the company’s expansion plans and to refinance existing long-term debt The end of May 2019 marked several exciting developments for Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI), a leading Canadian licensed producer…