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Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, announced its results for the third quarter ended May 31, 2021 (“Q3 2021”). “We are pleased with the growth in revenue in Q3 as we were better staffed to fulfill the…
Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading producer of cannabis, is pleased to announce the appointment of Borna Zlamalik as the Company’s Vice President of Innovation. Mr. Zlamalik will assume his new role effective today. In his new…
The Board of Directors (the “Board”) of Organigram Holdings Inc. (“ Organigram ” or the “ Company ”) (TSX: OGI) (NASDAQ: OGI) has confirmed that Greg Engel is stepping away from his role as CEO effective today, however he will continue to act as a special advisor to the Board…
After falling more than 10% on weak second quarter financial results, Organigram Holdings Inc. (OGI: TSX) (OGI: Nasdaq) has come off its lows and this is a trend that we are closely following. Earlier this week, Jefferies raised its price target on Organigram to US$2.86 from US$2.76 (to CAD$3.57 from…
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…