TORONTO--(BUSINESS WIRE)--Mar 5, 2026--
Organigram Global Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), Canada’s #1 cannabis company by market share 1 is pleased to announce the launch of SHRED Shotz, a compact, single-serve 65ml cannabis beverage powered by FAST™, Organigram’s fast-acting nanoemulsion technology platform designed to deliver a 15-minute onset 2.
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This launch reflects Organigram’s focus on differentiated innovation while leveraging the scale of SHRED, one of the Company’s best-known brands. SHRED surpassed $200 million in retail sales in 2025 3, underscoring the brand’s momentum and track record of expansion into new formats. With SHRED Shotz, Organigram is introducing a compact format designed to help broaden the beverage category and bring new consumers into the segment.
“SHRED Shotz is another clear example of how we successfully translate consumer insights into meaningful product innovation,” said Eric Williams, Organigram Global’s Vice President of Marketing. “With FAST™ powering the formulation, we are bringing that technology into a compact, single-serve beverage under the SHRED brand, allowing us to expand into new occasions with a format built for taste, convenience and predictability.”
About FAST™ nanoemulsion technology
FAST™ is a patent-pending nanoemulsion technology platform designed to support a faster-onset ingestible experience and consistent performance across product formats. Organigram has previously reported clinical pharmacokinetic (PK) research completed through the Product Development Collaboration, a joint research and development initiative with BAT, showing that, depending on the ingestible format, FAST™ delivered up to approximately 50% faster onset, improved bioavailability (the amount absorbed into the bloodstream), and up to double cannabinoid delivery at peak compared with traditional ingestible products 4.
SHRED Shotz are expected to be available for sale at Canadian cannabis retailers sometime in March in Ontario and Atlantic Canada, with availability in other provinces expected to follow soon after. Each compact 65 mL bottle contains 10 mg THC and will be available in Blue Razzberry and OG Lemonade flavours.
About Organigram Global Inc.
Organigram Global Inc. is a NASDAQ Global Select Market and TSX listed company whose wholly owned subsidiary, Organigram Inc., is a licensed cultivator of cannabis and manufacturer of cannabis-derived goods in Canada. Through its acquisition of Collective Project, Organigram Global participates in the U.S. and Canadian cannabinoid beverage markets. Organigram is focused on producing high-quality cannabis for adult consumers, as well as developing international business relationships to extend the Company's global footprint. Organigram has developed and acquired a portfolio of cannabis brands, including Edison, Big Bag O’ Buds, SHRED, SHRED’ems, Monjour, Tremblant Cannabis, Collective Project, Trailblazer, BOXHOT and DEBUNK. Organigram operates cultivation and processing facilities in Moncton, New Brunswick and Lac Supérieur, Quebec, with a dedicated edibles manufacturing facility in Winnipeg, Manitoba. The Company operates two additional cannabis processing facilities in Southwestern Ontario; one in Aylmer and the other in London. The facility in Aylmer houses best-in-class CO2 and Hydrocarbon extraction capabilities, and is optimized for formulation refinement, post-processing of minor cannabinoids, and pre-roll production. The facility in London is optimized for labelling, packaging, and national fulfillment. The Company is regulated by Health Canada under the Cannabis Act and the Cannabis Regulations (Canada).
Forward-Looking Information
This news release contains forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “estimates”, “intends”, “anticipates”, “believes” or variations of such words and phrases or statements that certain actions, events, or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information including expectations regarding market performance involves known and unknown risks, uncertainties and other factors that may cause actual results, events, performance or achievements of Organigram Global to differ materially from current expectations or future results, performance or achievements expressed or implied by the forward-looking information contained in this news release. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information include timing for launch of products, changes in the regulatory landscape, acceptance of products and different product forms in the local market and factors and risks disclosed in the Company’s most recent annual information form, management’s discussion and analysis, and other Company documents filed from time to time on SEDAR+ (see www.sedarplus.ca ) and filed or furnished to the Securities and Exchange Commission on EDGAR (see www.sec.gov ). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed timeframes or at all. The forward-looking information included in this news release is made as of the date of this news release and the Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.
Organigram Global Expands FAST™ Innovation Platform with SHRED Shotz, Leveraging SHRED Brand Equity
DUBAI, United Arab Emirates (AP) — Iran launched new wave of attacks Thursday morning at Israeli and American bases following a threat to destroy military and economic infrastructure across the region, which came after the U.S. and Israel intensified their bombardment of Iran and a U.S. Navy submarine sank an Iranian warship in the Indian Ocean.
Israel announced multiple incoming missile attacks and air sirens sounded in Tel Aviv and Jerusalem. Iranian state television said additional strikes also targeted U.S. bases. The Israeli military said it launched targeted strikes in Lebanon at Iranian-backed Hezbollah militant group in Beirut’s southern suburbs.
The U.S. and Israel launched the war Saturday, targeting Iran’s leadership, missile arsenal and nuclear program while suggesting that toppling the government is a goal. But the exact aims and timelines have repeatedly shifted, signaling an open-ended conflict.
The tempo of American and Israeli strikes on Iran was so intense Wednesday that state television announced the mourning ceremony for Iranian Supreme Leader Ayatollah Ali Khamenei, who was killed at the start of the conflict, would be postponed. Millions attended the funeral of his predecessor, Ayatollah Ruhollah Khomeini, in 1989.
President Donald Trump praised the U.S. military for “doing very well on the war front, to put it mildly.” Fellow Republicans in the U.S. Senate stood with Trump on Iran as they voted down a resolution seeking to halt the war.
Iran fired on Bahrain, Kuwait and Israel as the conflict spiraled. Turkey said NATO defenses intercepted a ballistic missile launched from Iran before it entered Turkey’s airspace.
The war has killed more than 1,000 people in Iran, more than 70 in Lebanon and around a dozen in Israel, according to officials in those countries. It has disrupted the supply of the world’s oil and gas, snarled international shipping and stranded hundreds of thousands of travelers in the Middle East.
Countries around the region braced for potential dangers Thursday, a day after Iran’s paramilitary Revolutionary Guard threatened “the complete destruction of the region’s military and economic infrastructure.”
Qatar’s Interior Ministry said authorities were evacuating residents near the U.S. Embassy in Doha as a temporary precaution, without providing further details.
Fighter jets could be heard overhead in the United Arab Emirates city of Dubai and Saudi Arabia said it destroyed a drone in its province bordering Jordan.
A new attack off the coast of Kuwait appeared to expand the area where commercial shipping was in danger.
An explosion rocked the area early Thursday, according to the United Kingdom Maritime Trade Operations Center run by the British military. It said a tanker apparently came under attack, but the agency did not offer a cause. Iran in the past has attacked ships by attaching limpet mines to them.
Prior attacks since fighting began Saturday have happened in the Gulf of Oman and the Strait of Hormuz, which connects it to the Persian Gulf and through which about a fifth of the world’s oil is shipped.
Brent crude prices are up 15% since the start of the conflict as Iranian attacks have disrupted traffic through the strait, with the current price the highest since July 2024.
U.S. Defense Secretary Pete Hegseth said a torpedo from an American submarine sank an Iranian warship Tuesday night in the Indian Ocean.
Sri Lankan authorities said 32 crew members were rescued, while its navy recovered 87 bodies.
Israel said it hit buildings associated with Iran’s internal security command as well as the Basij, an all-volunteer force of the paramilitary Revolutionary Guard whose bloody crackdown on protesters in January left thousands dead.
Iranian Foreign Minister Abbas Araghchi has said his country's forces have decentralized leadership, with units acting largely on their own, which could blunt the effect of attacks on top command and control hubs.
During his Pentagon briefing, Hegseth did not give a definitive timeline for U.S. operations, which Trump has said could last for a month or longer.
“You can say four weeks, but it could be six. It could be eight. It could be three,” Hegseth said. “Ultimately, we set the pace and the tempo. The enemy is off balance, and we’re going to keep them off balance.”
U.S. and Israeli military officials say launches from Iran have declined as their attacks have taken out ballistic missiles, launchers and drones. Israel's Homefront Command announced it was easing restrictions that closed workplaces nationwide. It said workplaces could reopen Thursday if there is a shelter nearby. Schools would remain closed.
Still, explosions sounded early Thursday in Israel, which said its defensive systems were moving to intercept at least three waves of Iranian missiles.
At least 1,045 people have been killed in Iran, the country's Foundation of Martyrs and Veterans Affairs said Wednesday. Eleven people have died in Israel. Six U.S. troops have been killed, including a major whose identity was released Wednesday.
Another eight people were killed in Lebanon, including two in a building struck by the Israeli military in the Beddawi refugee camp in the coastal city of Tripoli on Thursday and three on a coastal highway, authorities said. The Israeli military did not immediately say who it targeted in the strikes.
In two near-simultaneous Israeli drone strikes in Beirut's southern suburbs late Wednesday, two vehicles were hit, killing three people and wounding six, the health ministry said. The Israeli military said it targeted a Hezbollah member, adding that further details would follow.
Israeli Defense Minister Israel Katz said the offensive against Iran was originally planned for mid-2026, but “the need arose to bring everything forward to February.”
He listed events inside Iran, Trump's positions and the possibility of “creating a combined operation” as reasons.
The protests in Iran put unprecedented pressure on its leadership. Trump threatened military action in response to the crackdown before shifting his attention to Iran's disputed nuclear program.
White House press secretary Karoline Leavitt said Wednesday that the U.S. launched its operation partly out of concern Iran might strike U.S. personnel and assets in the region first. A phone call between Trump and Israeli Prime Minister Benjamin Netanyahu before the airstrikes began also was “important with respect to the timeline,” she said.
Iran’s leaders are scrambling to replace Khamenei, who ruled the country for 37 years. It is only the second time since the 1979 Islamic Revolution that a new supreme leader is being chosen.
Potential candidates range from hard-liners committed to confrontation with the West to reformists who seek diplomatic engagement. Mojtaba Khamenei, Khamenei’s son, has long been considered among them, though he has never held a government position.
In a sign that Iran’s leadership will only seek to consolidate its power, the head of the judiciary warned that “those who cooperate with the enemy in any way will be considered an enemy.”
Israel's defense minister, Katz, said on X that Iran's next supreme leader “will be a target for elimination” if he continues to threaten Israel, the U.S. and others.
Rising reported from Bangkok, Becatoros from Athens, Greece, and Magdy from Cairo. Associated Press writers Sally Abou AlJoud in Beirut, Lebanon, Melanie Lidman in Tel Aviv, Israel, Julia Frankel in Jerusalem and Giovanna Dell'Orto in Miami contributed to this report.
A police officer salutes as vehicles transport British Defence Secretary John Healey enter at the U.K.'s RAF Akrotiri air base near Limassol, Cyprus, Thursday, March 5, 2026. (AP Photo/Petros Karadjias)
Israeli security forces inspect the site struck by an Iranian missile in central Israel, Thursday, March 5, 2026. (AP Photo/Leo Correa)
Residents and Israeli security forces inspect the site struck by an Iranian missile in central Israel, Thursday, March 5, 2026. (AP Photo/Leo Correa)
Smoke and flames rise from the site of Israeli airstrikes in Dahiyeh, Beirut's southern suburbs, Lebanon, Thursday, March 5, 2026. (AP Photo/Hassan Ammar)
Smoke rises following an Israeli airstrike in Dahiyeh, Beirut's southern suburb, near Rafik Hariri International Airport, Lebanon, Wednesday, March 4, 2026. (AP Photo/Bilal Hussein)
A cleric leads a group of volunteers in prayer next to a police facility struck during the U.S.–Israeli military campaign in Tehran, Iran, Wednesday, March 4, 2026. (AP Photo/Vahid Salemi)
Israeli tanks maneuver near the Israel-Lebanon border, in northern Israel, Wednesday, March 4, 2026. (AP Photo/Ariel Schalit)
A shepherd boy walks away from an unexploded Iranian projectile that landed in an open field in the outskirts of Qamishli, eastern Syria, Wednesday, March 4, 2026.(AP Photo/Baderkhan Ahmad)
A man carries an Iranian flag to place on the rubble of a police facility struck during the U.S.–Israeli military campaign in Tehran, Iran, Wednesday, March 4, 2026. (AP Photo/Vahid Salemi)
