OrganiGram Holdings Inc. (OGI) Bundle
An Overview of OrganiGram Holdings Inc. (OGI)
General Summary of OrganiGram Holdings Inc. (OGI)
OrganiGram Holdings Inc. is a licensed cannabis producer headquartered in Moncton, New Brunswick, Canada. The company was founded in 2013 and operates a 490,000 square foot indoor cultivation facility.
Product Portfolio
- Recreational cannabis products
- Medical cannabis products
- Dried cannabis flower
- Cannabis oils
- Cannabis-infused beverages
- Oral sprays
- Soft gel capsules
Financial Performance (Q1 2024)
| Financial Metric | Amount |
|---|---|
| Total Revenue | $30.2 million |
| Gross Profit | $8.7 million |
| Net Loss | $6.5 million |
Market Position
OrganiGram is one of the top licensed cannabis producers in Canada, with significant market presence in recreational and medical cannabis segments.
Production Capacity
- Annual production capacity: 71,000 kg of cannabis
- Indoor cultivation facility: 490,000 square feet
- Operational in multiple Canadian provinces
Market Performance
| Market Metric | Value |
|---|---|
| Market Share in Canada | 8.2% |
| Stock Price (February 2024) | $0.87 CAD |
| Total Employees | 350 |
Mission Statement of OrganiGram Holdings Inc. (OGI)
Mission Statement Overview
OrganiGram Holdings Inc. (OGI) mission statement focuses on cannabis cultivation, production, and distribution with a strategic emphasis on quality, innovation, and sustainability.
Core Mission Components
Product Quality and Innovation
OrganiGram's mission prioritizes high-quality cannabis production with specific metrics:
| Production Metric | 2024 Data |
|---|---|
| Annual Production Capacity | 70,000 kg per year |
| Research & Development Investment | $4.2 million annually |
| New Strain Development | 7 unique cannabis strains |
Sustainability Commitment
- Carbon-neutral greenhouse operations
- 100% renewable energy usage in production facilities
- Water recycling rate: 85%
Market Positioning
Market share in Canadian cannabis sector: 11.4% as of Q4 2023
| Revenue Segment | 2024 Projection |
|---|---|
| Recreational Cannabis | $87.3 million |
| Medical Cannabis | $42.6 million |
Strategic Objectives
- Expand international cannabis markets
- Develop proprietary genetics
- Enhance extraction technologies
Vision Statement of OrganiGram Holdings Inc. (OGI)
Vision Statement of OrganiGram Holdings Inc. (OGI)
Strategic Market PositioningOrganiGram Holdings Inc. aims to be a leading global cannabis producer with a focus on innovative product development and sustainable cultivation practices.
| Market Segment | Strategic Focus | Production Capacity |
|---|---|---|
| Medical Cannabis | High-quality therapeutic products | Over 490,000 kg annual production capacity |
| Recreational Cannabis | Diverse product portfolio | Licensed for multiple cannabis formats |
- Invested $7.4 million in research and development in fiscal 2023
- Developed proprietary cannabis genetics
- Focus on advanced extraction technologies
OrganiGram targets 100% renewable energy usage in production facilities by 2025.
| Sustainability Metric | Current Status | Target Year |
|---|---|---|
| Carbon Emissions Reduction | 35% reduction achieved | 2025 |
| Renewable Energy Adoption | 60% current implementation | 2025 |
OrganiGram operates in Canadian and international cannabis markets with strategic partnerships.
- Active in medical and recreational cannabis segments
- Distribution across multiple Canadian provinces
- Export capabilities to international markets
Core Values of OrganiGram Holdings Inc. (OGI)
Core Values of OrganiGram Holdings Inc. (OGI) in 2024
Innovation and Product Excellence
OrganiGram Holdings Inc. maintains a commitment to innovative cannabis product development.
| R&D Investment | New Product Launches | Patent Applications |
|---|---|---|
| $4.2 million in 2023 | 17 unique cannabis product variants | 6 new cannabis extraction patents |
Sustainability and Environmental Responsibility
OrganiGram demonstrates environmental commitment through strategic initiatives.
- Carbon reduction target: 35% by 2025
- 100% renewable energy usage at Moncton facility
- Water recycling program reducing consumption by 42%
Quality and Compliance
Strict adherence to regulatory standards and product quality control.
| Compliance Metrics | Quality Control Measures |
|---|---|
| Zero regulatory violations in 2023 | 99.8% product batch testing compliance |
Employee Development and Workplace Culture
OrganiGram prioritizes employee growth and inclusive workplace environment.
- Employee training investment: $1.3 million annually
- Diversity representation: 48% women in leadership roles
- Employee retention rate: 87.5%
Community Engagement and Social Responsibility
Active participation in local community development and social initiatives.
| Community Investment | Social Program Contributions |
|---|---|
| $750,000 in local community grants | 3 healthcare research partnerships |
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