Organigram Holdings celebrates a remarkable achievement as its SHRED brand surpasses the significant milestone of $200 million in yearly retail sales. The pioneering brand revolutionized the cannabis industry with its innovative product offerings, captivating consumers with its unique blend of quality, convenience, and flavor.
In September 2020, SHRED made its groundbreaking debut as the first brand to introduce high-quality, milled flower products in three distinct flavor profiles, setting a new standard for convenience and quality in the cannabis market. Leveraging its commitment to using only premium whole flower, SHRED quickly gained traction among consumers seeking unparalleled value and flavor.
Building upon its initial success, SHRED expanded its product portfolio to include a diverse range of offerings, including pre-rolls, infused pre-rolls, gummies, and its patent-pending Rip-Strip hash. This relentless focus on product diversification and innovation has been instrumental in solidifying SHRED’s position as a leading brand in the cannabis industry, attracting a loyal following of “SHRED-Heads” nationwide.
Tim Emberg, Chief Commercial Officer of Organigram, emphasized the pivotal role of SHRED’s unique brand positioning in resonating with cannabis consumers. Emberg highlighted the company’s unwavering commitment to innovation, which has led to the development of groundbreaking products such as Heavies IPRs, Rip-Strip hash, and a whole-flower derived THCV lineup. This dedication to exceeding consumer expectations and redefining industry standards has been a driving force behind SHRED’s remarkable success.
Organigram Holdings Inc., listed on the NASDAQ Global Select Market and TSX, continues to demonstrate its leadership in the cannabis industry through its commitment to delivering high-quality products and driving innovation. As the parent company of Organigram Inc., a licensed producer of cannabis and cannabis-derived products in Canada, Organigram remains at the forefront of industry advancements, shaping the future of cannabis consumption.
At the time of this reporting:
– Index: OGI
– Symbol: Organigram Holdings Inc.
– Quote: $2.2
– Change: +$0.16000009
– %: +7.843141%
– Volume: 3,774,399
– Avg Analyst Rating: 2.0 – Buy
– Book Value: $3.177
The achievement of surpassing $200 million in retail sales by SHRED Brand underscores the commitment of Organigram to excellence and innovation in the cannabis market. With its pioneering product offerings and consumer-centric approach, SHRED has cemented its position as a leading brand, catering to the evolving preferences of cannabis enthusiasts nationwide. As Organigram continues to push the boundaries of product innovation, the company remains poised for further growth and success in the dynamic cannabis industry landscape.
