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Business Wire
27-05-2025
- Business
- Business Wire
Organigram Global Announces CEO Succession Plan
TORONTO--(BUSINESS WIRE)--Organigram Global Inc. (NASDAQ: OGI) (TSX: OGI), ('the Company' or 'Organigram'), Canada's #1 cannabis company by market share, announced today that Ms. Beena Goldenberg, CEO, Organigram, will be retiring at the conclusion of the Company's current fiscal year ending September 30, 2025. Until this date, Ms. Goldenberg will continue in her role as CEO and as a member of the Company's Board of Directors (the 'Board') to advance Organigram's strategic objectives, including international expansion, and to ensure an effective transition. Since joining Organigram as CEO in September 2021, Ms. Goldenberg successfully led the organization's growth and transformation from a cannabis company with $80M in net revenue to becoming the market share leader in Canada with over $250M in net revenue. Under her leadership, the Company completed an expansion of its facility in Moncton, New Brunswick, doubling cultivation capacity, as well as three strategic acquisitions that led to the Company's #1 share positions in vapes, hash and pre-rolls in Canada. In addition, Ms. Goldenberg oversaw Organigram's international expansion with export sales into Germany, UK and Australia. The latest acquisition of Collective Project, announced on April 1, 2025, signaled the first revenue recognized by Organigram from the U.S. market. This announcement follows the Company's second quarter fiscal year 2025 results, which were issued on May 12, 2025, and highlight the progress that has been made in enhancing Organigram's financial performance. This includes realizing a 74% increase in net revenue year-over-year and delivering improvement across key financial metrics. 'After five incredible years in the cannabis industry, serving as CEO of Supreme Cannabis Company and Organigram Global, I have decided it is time to move on to my next chapter,' said Ms. Goldenberg. 'Reflecting on my journey, I am extremely proud of what has been accomplished in this nascent industry. The challenges we faced and the successes we achieved underscore the immense potential that still lies ahead for the cannabis industry.' 'On behalf of the Board, I express our gratitude to Beena for her exceptional leadership and commitment to Organigram. Beena has been instrumental in positioning Organigram as a market leader in Canada and poised for global expansion,' said Peter Amirault, Chairman of the Board, Organigram. 'She has created an excellent base for both domestic and international growth for Organigram. And therefore, the Company is well positioned to take advantage of this significant opportunity. The Board remains confident in the Company's strategic direction as well as its leadership team, and we are committed to appointing a new CEO who will continue to drive our vision forward, ensuring that the Company remains at the forefront of cannabis innovation and growth.' The Board is in the process of initiating a comprehensive CEO selection process focused on identifying a candidate with the right mix of skills and experience to lead the Company in its next chapter of growth. 'It has been an honour to lead Organigram Global through this critical chapter in our evolution, and I am grateful to have had the privilege of working with so many talented and passionate people who have played a significant role in our collective growth and achievements,' said Ms. Goldenberg. 'Over the next four months I will remain focused on driving Organigram growth and profitability while supporting the smooth onboarding of a new CEO to lead the Company forward in its next phase of growth.' About Organigram Organigram Global Inc. is a NASDAQ Global Select Market and TSX listed company whose wholly owned subsidiaries include Organigram Inc., a licensed cultivator and processor of cannabis and manufacturer of cannabis-derived goods in Canada. Through its recent acquisition of Collective Project Limited, Organigram Global participates in the US and Canadian cannabinoid beverages markets. 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). Forward-Looking Information 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 consumer demand and preferences, future prospects 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 and filed or furnished to the Securities and Exchange Commission on EDGAR (see Examples of forward-looking statements in this news release include, among others, statements regarding the Board's intended CEO selection process, Organigram's strategic direction and Ms. Goldenberg's planned focus until her retirement date. 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.
The Hindu
09-05-2025
- Entertainment
- The Hindu
book review loal kashmir mehak jamal
In documentary filmmaker Mehak Jamal's debut book, Lōal Kashmir, there's a moment when Beena, a bride-to-be, sighs as her fiancé, Sakib, recalls the hardships his parents faced while marrying in the 1980s. He remembers the silent pounding of meat under constant surveillance in a wedding that felt like an act of defiance. Beena then utters a line that exposes the book's cardinal irony: 'Woh waqt koi aur tha.' That was another time. Except, of course, it wasn't. The temporal space that Lōal Kashmir occupies often folds in on itself and makes way for repetition. 'Lōal' is the Kashmiri word for love and longing. The idea of this book was born after the abrogation of Article 370 when Kashmir came under a complete communication lockdown. Jamal set out to collect stories of love, longing and loss, and received an overwhelming response. People shared their stories; and as she writes in the Introduction, 'They wanted the world to remember how bravely they had fought, but equally how fiercely they had loved.' The book, structured in three sections, Otru (day before yesterday), Rath (yesterday), and Az (today), wants to suggest a time sweep, but the truth is that the stories are caught in an eternal present. The lovers here are driven and desperate. Even love, which might hope to carve out a private refuge, is shaped by conflict. A letter break In the first story, 'Love Letter' a 17-year-old boy Javed, caught in a crackdown, remembers too late that he has a love letter in his pocket. The reader who is trained by headlines clearly expects the worst. But no, the soldiers instead make him read the letter aloud. The narrator then reveals that this was made possible as the soldiers 'wanted a break from the crackdown as much as Javed did'. Not to forget, the army in Kashmir is a force of power, and Javed, the boy with the letter, is tyrannised. To collapse their exhaustion into a single experience completely flattens the inherent violence and humiliation associated with these crackdowns. The stories are potent with cross-border love, cancelled weddings, exiled lovers, migration as an ongoing negotiation with loss. But the telling of these stories is where the book falters. Kashmiri words are inserted not because they are not translatable, but as linguistic decoration which can perhaps work to perform the weight of lived experience. The internet shutdown is recited, almost rhythmically in every story of Az (third section) as if to remind the reader of its importance. There is a documentary impulse at play here, which needs to explain Kashmir to a reader who might otherwise not 'get it.' A four-and-a-half page too long Kashmiri history is a part of this impulse. But the best stories understand this instinctively. For instance, in Sagar's story ('Matador'), arguably the collection's sharpest, a Kashmiri Pandit caught in a minor altercation realises that in Kashmir, everyone is playing a survival game. The majority-minority binary, while so easy to invoke, is blurred in practice. 'Out here,' the story notes, 'they were all Kashmiris first.' Yet Sagar had been so focused on his difference that he had missed the larger truth that survival often demands betrayal. The realisation is devastating for him, and the story does not attempt to soften its blow. Improbable bonds Elsewhere, though, Jamal's technique is unconvincing. A story about a Kashmiri woman falling in love with a Palestinian man feels oddly voyeuristic. Love in Lōal Kashmir is very event-specific, we never quite know why lovers are tethered so fiercely despite the weight of distance, miscommunication, and the sheer improbability of their bond. Where does the resilience come from? At what cost? These questions are not probed. Jamal also does something very curious, she adds little notes at the end, updating the reader on where these characters are now, as if to satisfy an audience's curiosity. But who is this audience? And what is the book's obligation to them? This is the paradox of Lōal Kashmir. The book understands that love in Kashmir is never separate from violence. And yet, again and again, the stories tell us that lovers triumph. Love, against all odds. Love, carrying on. But is this truly love in a conflict zone? Love in a place where time itself has been rendered meaningless? The book wants to have it both ways, and in doing so, sometimes doesn't realise that conflict is not backdrop, not setting. It in fact shapes love at the root. To tell the story of love in a place where love and violence are inseparable is to risk either sentimentalising suffering or diminishing love. Jamal's stories live in this paradox, sometimes they succeed in capturing it, sometimes they evade it. But then, perhaps evasion is also a kind of truth. After all, 'in Kashmir, there is always someone in the background playing his own game'. The reviewer is an independent journalist in New Delhi. Lōal Kashmir: Love and Longing in a Torn Land Mehak Jamal Harper Collins ₹599
