Organigram Provides Update on COVID-19 Corporate Action Plan and Timing for Q3 Results
(WorldNews Business)

MONCTON, New Brunswick--(BUSINESS WIRE)--Jul 3, 2020-- Organigram Holdings Inc. (“ Organigram ” or the “ Company ”) (TSX: OGI) (NASDAQ: OGI) provides a corporate update on recent developments of the Company in relation to the worldwide COVID-19 pandemic and the continuing evolution of the Canadian cannabis industry. Staffing Changes In an effort to better align its production capacity to prevailing market conditions, Organigram has reduced its workforce by approximately 25%. The decision will affect approximately 220 employees including a small number who are not on temporary layoff. The Company will move forward with a skilled, leaner, cross-functional workforce of approximately 433 active...