
Organigram Global Wins "Exporter of the Year" at the 2025 New Brunswick Export Awards
Article content
TORONTO — Organigram Global Inc. (NASDAQ: OGI) (TSX: OGI), ('the Company' or 'Organigram'), Canada's #1 cannabis company by market share, is pleased to announce it has been named Exporter of the Year by Opportunities New Brunswick ('ONB') as part of the 2025 New Brunswick Export Awards, ONB's flagship annual event recognizing the successes and innovative approaches of New Brunswick's many exporting companies.
Article content
This honour recognizes Organigram's significant growth in international cannabis exports, underpinned by innovation, strategic market expansion, and deep-rooted investment in New Brunswick's economic future.
Article content
'We are honoured to receive this award from Opportunities New Brunswick,' said Beena Goldenberg, Chief Executive Officer of Organigram Global. 'This recognition is a true testament to the hard work of our team, the strength of our partnerships, and the many world-class products from our facilities.
Article content
Founded in Moncton, Organigram's success as a global exporter is grounded in its commitment to innovation, economic development and global vision:
Article content
Organigram now exports to Germany, the UK, and Australia.
Since 2020, Organigram has achieved $50 million in international cannabis shipped sales and nearly $885 million in total shipped sales.
The flagship facility in Moncton employs over 725 people, making the Company New Brunswick's fourth-largest private-sector employer and ninth-largest employer overall.
The Company has invested nearly $500 million in site development, including $34 million with local vendors, and $4 million in a new substation built in partnership with NB Power.
Article content
Organigram is also a key contributor to Canada's reputation as a pioneer in legal cannabis and continues to support policy dialogues that advance competitiveness in global cannabis trade.
Article content
'We believe cannabis can be a stable, made-in-Canada economic pillar, one that keeps growing, innovating, and creating good-paying Canadian jobs. With real federal engagement and a national cannabis export strategy, we can position Canada to seize a meaningful share of the estimated $140 billion global cannabis market.' concluded Ms. Goldenberg.
Article content
About Organigram
Article content
Organigram Global Inc. is a NASDAQ Global Select Market and TSX listed company whose wholly owned subsidiaries include Organigram Inc., a licensed cultivator of cannabis and manufacturer of cannabis-derived goods in Canada, and Motif Labs Ltd., a licensed cannabis processor. Through its recent acquisition of Collective Project Limited, Organigram Global participates in the US and Canadian cannabinoid beverages markets.
Article content
Organigram is focused on producing high-quality cannabis for adult recreational consumers, as well as developing international business partnerships to extend the Company's global footprint. Organigram has also developed and acquired a portfolio of legal adult-use recreational cannabis brands, including Edison, Holy Mountain, Big Bag O' Buds, SHRED, SHRED'ems, Monjour, Tremblant Cannabis, Trailblazer, Collective Project, BOXHOT and DEBUNK. Organigram operates facilities in Moncton, New Brunswick and Lac-Supérieur, Quebec, with a dedicated edibles manufacturing facility in Winnipeg, Manitoba. The Company also operates two additional cannabis processing facilities in Southwestern Ontario; one in Aylmer and the other in London. The facility in Aylmer houses best-in-class CO2 and Hydrocarbon extraction capabilities, and is optimized for formulation refinement, post-processing of minor cannabinoids, and pre-roll production. The facility in London will be optimized for labelling, packaging, and national fulfillment. The Company is regulated by the Cannabis Act and the Cannabis Regulations (Canada).
Article content
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. 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 include market factors, consumer demand and preferences and factors and risks disclosed in the Company's most recent annual information form, management's discussion and analysis and other Company documents filed from time to time on SEDAR+ (see www.sedarplus.ca) and filed or furnished to the Securities and Exchange Commission on EDGAR (see www.sec.gov). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news 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 is 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.
Article content
Article content
Article content
Article content
Article content
Contacts
Article content
Article content
Article content
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Globe and Mail
20 minutes ago
- Globe and Mail
Wealthsimple is taking on the big banks - and might just surpass them
Having redefined investing, Wealthsimple has attempted to create the country's best bank account. It's too early to hand this distinction to Wealthsimple because it hasn't fully introduced all of its new banking features, some of which are gimmicky. But who are Wealthsimple's challengers? Big-bank innovation is an oxymoron, and alternative banking has been slow to take advantage. A thought for anyone unhappy with their bank account or curious what modern banking can look like: Open a chequing account at Wealthsimple and give it a try. No monthly fees mean no harm done if you don't like it. Typically, banks are supermarkets selling chequing and savings accounts, mortgages, lines of credit and investments. Wealthsimple comes across like a higher-end retailing experience where all these services interlock in ways that reward loyal clients. The more business you do with the company, the more you receive in interest and the less you pay in fees. Wealthsimple plans paperless cheques and Uber-like delivery of cash to customers' doors Wealthsimple CEO says banks are a tax on Canadians The Wealthsimple credit card offers unlimited 2-per-cent cash back at a monthly fee of $10, but that fee falls to zero if you have $100,000 or more with the company or you set up direct deposits of paycheques totalling $4,000 or more a month. The card also offers zero foreign-exchange fees, compared with the usual 2.5 per cent charged by other cards on purchases outside Canada. The Wealthsimple line of credit, set to arrive by year's end, will let you instantly borrow at rates as low as 4.45 per cent. The amount you can borrow is tied to your level of savings and investments with the company – in other words, how much collateral you have. Rates for a home equity line of credit, which can cost hundreds to set up, start around 5 per cent these days. The no-fee chequing account from Wealthsimple offers interest with a base rate of 1.75 per cent, a lowball offer in today's market. But there's a boost of half a percentage point if you set up a direct deposit of your paycheque, and you can get as high as 2.75 per cent if you have extensive assets with the company. Not having a physical branch network allows alternative banks to offer zero-fee chequing and better rates on savings than the big banks. But no other alt bank leans into digital banking like Wealthsimple, while also providing services people usually access through branches. For example, the company will offer paperless cheques that can be ordered on its app and delivered to the recipient. Cash can be ordered for delivery as well, as can bank drafts. Here we have an example of gimmickry – are there any under-40s in Canada who ever use cheques, or who don't pass a bank machine many times a day? Another question about these services is pricing. Wealthsimple hasn't firmed up the cost for all of them yet, a reminder that there are always limits to free banking. A few more novel features of the Wealthsimple chequing account: Security is obviously on Wealthsimple's mind because the company offers $1-million in deposit insurance through Canada Deposit Insurance Corp. Wealthsimple places deposits at multiple unnamed CDIC-member banks, a workaround for the usual $100,000 coverage limit per eligible account. Wealthsimple began as a robo-adviser, a business it continues to dominate. Next came self-directed investing on a platform that led the way in offering zero-commission trading of stocks and exchange-traded funds, and fractional trades that allow investors to buy less than a full share. Wealthsimple is not the best investing platform, and its move to offer private-equity and debt investments suggests unwise trend-chasing. But Canadian investing is more open and inclusive because of Wealthsimple. On the banking side, there's an expectation that the impending arrival of open banking will spark a wave of innovation and competition. Open banking means bank clients can securely share their information with new apps and alternative financial players. Obviously, Wealthsimple isn't waiting for the federal government to introduce rules for open banking. It's ramming innovations through at a rate that exceeds what big banks do in 10 years. Anyone creating a short list of top alternative banks needs to include EQ Bank, which offers 3.5-per-cent interest for now if you direct deposit paycheques of $2,000 a month or more. The base savings rate is just 1.25 per cent. Koho, Neo Financial and PC Financial are also worth a look for banking, while Questrade is on a hot streak as an investing innovator and is expected to get into banking. What makes Wealthsimple unique is the way it's building a seamless, state-of-the-art financial company that offers everything and rewards clients who take advantage. Ironically, the onetime upstart could turn out to be the next big bank. You should try them. Are you a young Canadian with money on your mind? To set yourself up for success and steer clear of costly mistakes, listen to our award-winning Stress Test podcast.


Cision Canada
25 minutes ago
- Cision Canada
Generation Mining Announces $10 Million Bought Deal Financing
TORONTO, June 11, 2025 /CNW/ - Generation Mining Ltd. (TSX: GENM) (OTCQB: GENMF) (" Generation Mining" or the " Company") announced today that it has entered into an agreement with Stifel Nicolaus Canada Inc. (" Stifel Canada") to act as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the " Underwriters") in connection with a "bought deal" private placement offering of 27,027,027 Units of the Company at a price of C$0.37 per Unit (the " Offering Price") for gross proceeds to the Company of up to C$10,000,000 (the " Offering"), with the Units to be issued pursuant to the Listed Issuer Financing Exemption (as defined below). Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant (each whole warrant, a " Warrant"). Each Warrant will entitle the holder to purchase one common share of the Company at a price of C$0.48 per common share at any time on or before that date which is 36 months after the date that is 61 days following the closing date of the Offering. The Company has granted to the Underwriters an option, exercisable up to 48 hours prior to the closing date, to purchase for resale up to an additional 15% of Units at the Offering Price for additional gross proceeds of up to C$1,500,000. The Company intends to use the net proceeds received from the Offering for development purposes at the Company's Marathon Project and general corporate purposes. The Offering is expected to close on or about June 24, 2025 and is subject to the Company receiving all necessary regulatory approvals, including the conditional approval from the Toronto Stock Exchange. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions (" NI 45-106"), the Units will be offered for sale to purchasers resident in Canada, except Quebec, and/or other qualifying jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the " Listed Issuer Financing Exemption"). As the Offering is being completed pursuant to the Listed Issuer Financing Exemption, the Units issued pursuant to the Offering will not be subject to a hold period pursuant to applicable Canadian securities laws. There is an offering document related to the Offering that can be accessed under the Company's issuer profile on SEDAR+ at and on the Company's website at Prospective investors should read the offering document before making an investment decision. No U.S. Offering or Registration This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available. About the Company Generation Mining's focus is the development of the Marathon Project, a large undeveloped copper-palladium deposit in Northwestern Ontario. The Marathon Property covers a land package of approximately 26,000 hectares, or 260 square kilometers. Gen Mining is dedicated to fostering a greener future by promoting sustainability, empowering communities, and delivering value to our stakeholders. The Feasibility Study (the "Technical Report") estimated a Net Present Value (using a 6% discount rate) of C$1.07 billion, an Internal Rate of Return of 28%, and a 1.9-year payback based on the 3-yr trailing average metal prices at the effective date of the Technical Report. Over the anticipated 13-year mine life, the Marathon Project is expected to produce 2,161,000 ounces of palladium, 532 million lbs of copper, 488,000 ounces of platinum, 160,000 ounces of gold and 3,051,000 ounces of silver in payable metals. For more information, please review the Feasibility Study filed under the Company's profile at or on the Company's website at Qualified Person The scientific and technical content of this news release has been reviewed and approved by Daniel Janusauskas, Technical Services Manager of Generation PGM Inc., a wholly-owned subsidiary of the Company, and a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 Standards of Disclosure for Mineral Projects. Forward-Looking Information This news release contains certain forward-looking information and forward-looking statements, as defined in applicable securities laws (collectively referred to herein as "forward-looking statements"). Forward-looking statements reflect current expectations or beliefs regarding future events or the Company's future performance. All statements other than statements of historical fact are forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "continues", "forecasts", "projects", "predicts", "intends", "anticipates", "targets" or "believes", or variations of, or the negatives of, such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved, including statements relating to Offering, the proposed use of proceeds of the Offering, , receipt of all regulatory approvals related to the Offering, and the expected closing date of the Offering. Although the Company believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the statements. There are certain factors that could cause actual results to differ materially from those in the forward-looking information. These include the timing of the Offering and regulatory approval of the Offering; timing for a construction decision; the progress of development at the Marathon Project, including progress of project expenditures and contracting processes, the Company's plans and expectations with respect to liquidity management, continued availability of capital and financing, the future prices of palladium, copper and other commodities, permitting timelines, exchange rates and currency fluctuations, increases in costs, requirements for additional capital, and the Company's decisions with respect to capital allocation, and the impact of COVID-19, inflation, global supply chain disruptions, global conflicts, including the wars in Ukraine and Israel, the project schedule for the Marathon Project, key inputs, staffing and contractors, continued availability of capital and financing, uncertainties involved in interpreting geological data and the accuracy of mineral reserve and resource estimates, environmental compliance and changes in environmental legislation and regulation, the Company's relationships with Indigenous communities, results from planned exploration and drilling activities, local access conditions for drilling, and general economic, market or business conditions, as well as those risk factors set out in the Company's annual information form for the year ended December 31, 2024, and in the continuous disclosure documents filed by the Company on SEDAR+ at


Cision Canada
25 minutes ago
- Cision Canada
Euromax Director Resignation
VANCOUVER, BC, June 11, 2025 /CNW/ - Euromax Resources Ltd. (TSXV: EOX): (" Euromax" or the " Company") announces that Ali Vezvaei has resigned from the Company's board of directors and as President of the Company, effective June 12, 2025, following the disposal by NDX B.V. of its entire investment in the shares of the Company. The Company thanks him for his contributions and service. 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. About Euromax Resources Ltd. Euromax has a major development project in North Macedonia and is focused on building and operating the Ilovica-Shtuka copper project. Forward-Looking Information and Cautionary Language This news release contains statements that are forward-looking, such as those relating to the final approval of the Toronto Stock Exchange. Forward-looking statements are frequently characterised by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the dates the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward- looking statements. This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by the Company, including its annual information form for the year ended December 31, 2024 and financial statements and related MD&A for the financial years ended December 31, 2024 and 2023, , and the unaudited condensed consolidated interim financial statements for the three months ended March 30, 2025 and 2024 along with the accompanying MD&A, filed with the securities regulatory authorities in certain provinces of Canada and available on SEDAR+. The forward-looking statements contained in this document are as of the date of this document, and are subject to change after this date. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Euromax disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law. This news release shall not constitute an offer to sell or a solicitation of any offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities referenced herein have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act"), and such securities may not be offered or sold within the United States absent registration under the U.S. Securities Act or an applicable exemption from the registration requirements thereunder.