Canadian CANNAINVESTOR Magazine November 2018 | Page 140

ORGANIGRAM HOLDINGS INC (TSXV:OGI; OTC:OGRMF)

OGI: Paolo De Luca, CPA, CA, CFA - CFO

CCIM: Louis Kyron, Editor In Chief

Paolo, on behalf of our readers, thank you so much for your time today. I will try to keep this to just a few questions …

Hey Louis, thanks for giving me the opportunity to update the readers at

CannaInvestor!

There are a few things that Organigram has done which has helped with our cost of cultivation per gram numbers.

Firstly, where we are situated geographically within Canada makes it such that many of our competitors (in particular those in Ontario where many LPs are situated) will have a very difficult time competing with us as our power, land and labour costs are all significantly less than what our competitors face in Ontario.

Secondly, our entirely indoor facility makes it such that we are able to produce in an environment where we can control the environment consistently in comparison to our greenhouse competitors who have less control over the environment because the grow rooms are typically bigger and the variability of the sun’s light on a day-to-day basis is higher.

Additionally, we have developed a proprietary in-house software system which allows us to measure our inputs and schedules and how those ultimately affect our yields on a strain by strain basis. We only grow one strain per grow room and we are able to track what even modest changes to the environmental controls and fertigation process have on yields and quality by strain. With our proprietary software we are able to collect valuable data and are in a perpetual state of optimization.

Your most recent financial statements were impressive. Readers, always remember to use the company’s website or SEDAR to access financial statements. This recent interview between CEO Greg Engel and James West is

a good summary and discussion.

Paolo, succinctly, how has Organigram captured that top spot and is the current

lowest cost producer of the publicly traded LPs?

140