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Earlier this week, Organigram Holdings Inc. (OGI.TO) (OGI) recorded volatile price movements after reporting second quarter financial results that missed analysts’ revenue expectations. When compared to the same quarter in 2020, the Canadian cannabis producer generated lower revenues and recorded a much larger net loss. CEO Greg Engel attributed the…

So far, the second quarter of 2021 has proven to be challenging for Canadian Licensed Producers (LPs). After Aphria (APHA.TO) (APHA) and Organigram Holdings (OGI.TO)  (OGI) reported weaker-than-expected quarterly financial results, the cannabis sector has been under considerable pressure and this is a trend that we are closely following. Although…

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (together, the “Company” or “Organigram”), a leading licensed producer of cannabis, announced its results for the second quarter ended February 28, 2021 (“Q2 2021”). “Although Q2 2021 results were challenged by industry dynamics, COVID-19 and staffing limitations…

Big tobacco has been behind the curve with the legal cannabis industry thus far and seems to be following the footprint of big alcohol. Companies such Constellation Brands, Inc. (STZ) and Molson Coors Beverage Company (TAP) have executed major agreements with Canadian LP’s that are starting to look like brilliant…

Organigram Holdings Inc. (“OGI”, TSX: OGI and NASDAQ: OGI), the parent company of Organigram Inc., a leading producer of cannabis, is pleased to announce it has acquired all of the issued and outstanding shares of The Edibles & Infusions Corporation for consideration of $22.0 million, plus up to an additional…

Building on the Company’s ongoing genetic exploration and product development program, Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading producer of cannabis, is pleased to announce the launch of two new recreational product offerings: new Edison pre-rolls (Photo: Business Wire) Indi, one of…

Organigram Holdings Inc. (OGI.TO) (OGI) announced a transformation development and reported to have receive a C$221 million strategic investment from a wholly-owned subsidiary of British American Tobacco (LSE: BATS) (NYSE:BTI). According to the terms of a strategic investment agreement, BAT’s subsidiary reported to have subscribed for approx. 58.3 million common…

Organigram Holdings Inc. (“OGI”, TSX: OGI and NASDAQ: OGI) is pleased to announce a C$221 million strategic investment from a wholly-owned subsidiary of BAT (LSE:BATS and NYSE:BTI). The BAT subsidiary has subscribed for approximately 58.3 million common shares of OGI, which represents a 19.9% equity interest 1 on a post-transaction…

The Canadian cannabis industry has come down from its post-election highs and this has created opportunities for investors. Before Justin Trudeau and the Liberal Party won the Canadian general election, Trudeau said he would make marijuana legalization a priority if he was elected as Prime Minister. Less than a week…

With the Canadian general election over and new leader voted in, many people are wondering what is next. Justin Trudeau and the Liberal Party were underdogs at the beginning of the campaign but now he will form a majority government after capturing 184 of 338 seats.The outcome of the campaign…