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
Location
Quebec, Canada
Transaction Type
Buyout

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