Organigram Global Inc. announced on March 31, 2025, the acquisition of 100% of Collective Project Limited (CPL) for an upfront consideration of approximately C$6.2 million. This strategic move marks Organigram's entry into the U.S. market.
The acquisition includes potential milestone payments and earn-out payments totaling up to C$24 million for the twelve-month periods ending September 30, 2025, and September 30, 2026. This structure aligns CPL's performance with Organigram's financial incentives.
This transaction positions Organigram in the rapidly growing U.S. hemp-derived THC beverage market. The acquisition is a key component of the company's international expansion strategy, leveraging a new product category and geographic market for growth.
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