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Organigram Holdings Inc (CVE:OGI) Introduces Firm’s First Pure Cannabinoid Cannabis Oil

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Organigram Holdings Inc (CVE:OGI) reported the launch of a new addition to its cannabis oil products: a pure Cannabinoid edible oil, Shubie. This pure cannabinoid offering is a first for company, complementing the firm’s current line of medicinal cannabis oil products.

Cannabinoids can be defined as the chemical compounds that are unique to cannabis and act upon the cannabinoid receptors. There are more than 80 identified CBDs present in the cannabis crop, each with varying effects. Cannabidiol is the second most common cannabinoid in cannabis. Research has demonstrated that Cannabinoid offers a calming or therapeutic effect without resulting in the “high” linked with Tetrahydrocannabinol, the psychoactive compound present in cannabis.

The highlights

Greg Engel, the CEO of Organigram, reported that patients are unique and need different products that assist in different ways. As a result, they understand the need to continually enhance and innovate both their products and processes. Today they are delighted to extend their product offering and launch Shubie Cannabis Oil as an alternative for patients who will gain from its pure Cannabinoid formulation.

Ray Gracewood, the Chief Commercial Officer of Organigram, reported that in the previous year, they have noted an increase in interest from both patients and physicians in cannabinoid based offerings that help manage the indications of numerous chronic conditions, including pain. They have taken the time to create a reliable and real solution that ensures their patients and their requirements are number one priority.

Shubie was named for an Atlantic Canadian waterway, the Shubenacadie River, which is an attractive artery in Nova Scotia. With impressive tidal swells, seeing the water moving down the cliff-lined canal is a restorative experience. Shubie can be defined as an ethanol-extracted cannabis oil made in an organic sunflower oil base. It is now available to registered people within the Organigram online store for CDN$129.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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