JPM advised Organigram Holdings Inc., the parent company of Organigram Inc., a licensed producer of medical marijuana in Canada, on a private placement investment in Eviana Health Corporation. Organigram and an unnamed strategic institutional investor each participated 50% in a USD 10 million debenture offering by Eviana.
Organigram Holdings Inc. is a TSX Venture Exchange listed company, and its wholly-owned subsidiary, Organigram Inc., is a licensed producer of cannabis and cannabis-derived products in Canada, with Organigram developing a portfolio of brands including The Edison Cannabis Company, Ankr Organics, Trailblazer and Trailer Park Buds.
Eviana is present in the Serbian market as the only shareholder of the company Intiva Plus doo Dobanovci, which holds licenses authorizing the growing of industrial hemp in Serbia.
The JPM team was led by Senior Partner Nenad Popovic and Senior Associate Bojana Javoric.