Organigram Holdings Inc. acquires Motif Labs Ltd. to become Canada's Largest Cannabis Company by Market Share
Acquiring Company
Organigram Global
Acquired Company
Motif Labs Ltd
TorontoAylmerManufacturingAgriculture and FarmingCannabisManufacturingDescription
The acquisition of Motif Labs Ltd. by Organigram Holdings Inc. for an upfront consideration of $90 million establishes Organigram as Canada’s largest cannabis company by market share. This acquisition accelerates Organigram's vision to be a leading cannabis company across all major categories, driven by a relentless focus on the consumer and supported by leading brands, best-in-class operations, innovation, and product development.
Quick answer
Organigram Global is acquiring Motif Labs Ltd, announced December 6, 2024. Organigram Global is based in Toronto, Ontario, Canada.
- How much did Organigram Global pay for Motif Labs Ltd?
- The deal value was not disclosed.
- What does Organigram Global do?
- Organigram Global Inc. is Canada's #1 cannabis company by market share.
- Where are Organigram Global and Motif Labs Ltd based?
- Organigram Global is based in Toronto, Ontario, Canada. Motif Labs Ltd is based in Aylmer, Ontario, Canada.
- Who are the decision-makers at Organigram Global?
- Fundz holds 2 contacts at Organigram Global. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Organigram Global, and when
When Organigram Global changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Organigram Global raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Frequently asked
Who acquired Motif Labs Ltd?
Motif Labs Ltd was acquired by Organigram Global, based in Toronto. The deal was reported on December 6, 2024. Organigram Global Inc. is Canada's #1 cannabis company by market share. It focuses on producing high-quality cannabis and hemp-derived products. The company emphasizes innovation backed by R&D to support its growth. Organigram Global is publicly traded (OGI) and operates in Manufacturing.
When did Organigram Global acquire Motif Labs Ltd?
Organigram Global's acquisition of Motif Labs Ltd was reported on December 6, 2024. The acquisition of Motif Labs Ltd. by Organigram Holdings Inc. for an upfront consideration of $90 million establishes Organigram as Canada’s largest cannabis company by market share. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Motif Labs Ltd do?
Motif Labs Ltd. is a Canadian leader in the vape and infused pre-roll (“IPR”) categories with a portfolio of strong, owned brands. It is privately held, operating in Manufacturing, and is based in Aylmer.
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