Organigram Introduces Canadian-Focused CBD Wellness Brand, Monjour
Niko Pajkovic — November 20, 2021 — Lifestyle
References: organigram & ca.finance.yahoo
Canadian cannabis producer Organigram Inc. has announced the launch of a new wellness brand called Monjour, which will offer a range of high-quality, "CBD-forward" products for everyday consumers. The brand's first line of offerings will come in the form of vegan, sugar-free soft chews.
Organingram is taking a strategic approach to its product development, specifically targeting Canadian consumers. According to the company's market research, consumers are hungry for "affordable, dosage-controlled, and flavourful ways of consuming CBD," which has led Monjour to develop soft chew gummies in Berry Medley and Citrus Medley flavor options.
“Leveraging EIC’s highly-efficient production technology means we can produce high-quality, low-cost confectionery products. As a result, we can expand our edibles-based business, offer products at consumer-friendly prices, and continue to deliver value to our shareholders,” said Beena Goldenberg, CEO of Organigram.
Image Credit: Organigram
Organingram is taking a strategic approach to its product development, specifically targeting Canadian consumers. According to the company's market research, consumers are hungry for "affordable, dosage-controlled, and flavourful ways of consuming CBD," which has led Monjour to develop soft chew gummies in Berry Medley and Citrus Medley flavor options.
“Leveraging EIC’s highly-efficient production technology means we can produce high-quality, low-cost confectionery products. As a result, we can expand our edibles-based business, offer products at consumer-friendly prices, and continue to deliver value to our shareholders,” said Beena Goldenberg, CEO of Organigram.
Image Credit: Organigram
Trend Themes
1. Cbd-based Wellness Products - Opportunity to explore the development of new CBD-based wellness products for everyday consumers.
2. Dose-controlled Consumption - Potential to innovate in the development of affordable, dose-controlled CBD products.
3. Confectionery-based Edibles - Possibility to expand edibles-based businesses through low-cost, high-quality confectionery production technology.
Industry Implications
1. Cannabis Industry - Organizations operating in the cannabis industry can leverage this trend by developing high-quality CBD-based wellness products.
2. Food and Beverage Industry - Opportunity for food and beverage companies to explore new product lines that focus on dose-controlled CBD consumption.
3. Pharmaceutical Industry - Potential to develop affordable CBD products for medicinal purposes through dose-controlled consumption methods.
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