Organigram Holdings Inc. Acquires Laurentian Organic Inc.
December 21, 2021
Organigram Holdings Inc. acquired all of the issued and outstanding shares of Laurentian Organic Inc. in a cash-and-share transaction with aggregate upfront consideration of CAD 36 million plus potential earnouts. The acquisition brings the Tremblant Cannabis and Laurentian craft brands into Organigram’s portfolio, strengthens its presence in Quebec, and expands its premium/hash product offering to accelerate revenue and EBITDA growth.
- Buyers
- Organigram Holdings Inc.
- Targets
- Laurentian Organic Inc.
- Sellers
- Eric Brosseau, Mathieu Lahaie, Eric Verdier
- Industry
- Consumer Products
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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