OrganiGram Holdings (TSE:OGI) has released an update.
Organigram Holdings Inc. has made a strategic €14 million investment in Sanity Group, a leader in the German cannabis market, to expand its European presence. This investment includes a supply agreement to increase trade volumes and the commercialization of Organigram’s brands in Germany. Organigram will also gain a minority equity stake in Sanity Group and the right to appoint a board member, bolstering its position in a burgeoning market.
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