Organigram Global Inc. (OGI) announced the acquisition of 100% of the issued and
outstanding shares of Collective Project Limited for upfront consideration of approximately C$6.2 million, potential milestone payments and potential earnout payments totaling in the aggregate up to C$24 million for the twelve-month periods ending September 30, 2025 and September 30, 2026.
Collective Project is a brand launched by Collective Arts, a Hamilton, Ontario-based company founded in 2013. Collective Arts has featured over 2,000 artists from 40 countries on its products. Collective Project extends this creative ethos into the cannabis market, producing cannabis and hemp-derived infused sparkling juices, teas and sodas. Collective Project products are available in both Canada and the U.S. and
feature a premium flavour-forward lineup of beverages made with real fruit juice, featuring elevated flavour profiles.
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