Streetbeat News

OGI

OrganiGram Holdings Inc.

https://www.organigram.ca

Industry

Drug Manufacturers - Specialty & Generic

Organigram Holdings Inc., through its subsidiaries, produces and sells cannabis and cannabis-derived products in Canada. It offers medical cannabis products, including cannabis flowers, cannabis oils, and vaporizers for civilian patients and veterans; adult use recreational cannabis under the Edison Cannabis Co., Trail Blazer, SHRED, SHRED'ems, Big Bag O' Buds, and Monjour brands; and cannabis edibles products and concentrates. The company also engages in the wholesale shipping of cannabis plant cuttings, dried flowers, blends, pre-rolls, and cannabis derivative based products to retailers and wholesalers for adult-use recreational cannabis. It sells its products through online, as well as telephone channels. Organigram Holdings Inc. was founded in 2013 and is headquartered in Moncton, Canada.

Open

1.68

Mkt cap

179M

Volume

668K

High

1.69

P/E Ratio

-0.91

52-wk high

2.91

Low

1.63

Div yield

N/A

52-wk low

1.11

The article lists the cannabis stocks that experienced significant gains and losses on January 16, 2024. Notable gainers include MedMen Enterprises, C21 Investments, and 22nd Century Group, with increases of 66.67%, 19.62%, and 14.92% respectively. On the losing side, Khiron Life Sciences and Global Hemp Group saw sharp declines of 49.64% and 44.60%. The article reflects the volatility in the cannabis market and may influence investor sentiment.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 9:30 pm

Cannabis stocks experienced significant movements on January 12, 2024. Khiron Life Sciences led the gainers with a 152.73% increase, while MedMen Enterprises saw a dramatic 95.71% drop. Other notable gainers include Global Compliance and CordovaCann. Among the losers, AusCann Group Holdings also faced a steep decline. The volatility in these stocks reflects ongoing developments in the cannabis industry.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 9:30 pm

On January 11, 2024, several cannabis stocks experienced significant movements. Notable gainers included Heritage Cannabis Holding, Blueberries Medical, OrganiGram Holdings, and others, with increases ranging from 3.12% to 26.58%. Conversely, several companies faced declines, with Global Compliance leading the losers, followed by Rocky Mountain High, CLS Holdings USA, and others, with decreases ranging from 3.07% to 16.57%. The article lists the closing prices and percentage changes for each mentioned company.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 9:30 pm

British Columbia's legal cannabis market has seen a 40.9% increase in sales volume, but faces challenges such as an 11.7% decline in average prices and increased competition with 490 legal stores now operating. OrganiGram Holdings Inc (OGI), Rubicon, Village Farms International Inc (VFF), and Cronos Group Inc (CRON) are key players in the market. Australia's TGA has updated medicinal cannabis advertising guidelines, and Clever Leaves Holdings Inc. (CLVR) received Australian GMP certification for its Colombian facilities. Antigua and Barbuda's cannabis committee is reviewing legislation with a focus on youth impact.

Portfolio Pulse from Joana Scopel

January 10, 2024 | 10:03 pm

The marijuana stock market saw significant movements on January 9, 2024, with a mix of gainers and losers. Notable gainers included AusCann Group Holdings, Rocky Mountain High, and Item 9 Labs with substantial percentage increases in their share prices. On the other hand, Australis Capital and Choom Holdings experienced dramatic declines, with Australis Capital shares closing down 100%. Other notable losers included Tilray Brands, Canopy Growth, and SNDL with significant percentage decreases. This market activity reflects the volatile nature of the marijuana industry stocks.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:30 pm

The article reports on significant price movements in marijuana stocks on January 1, 2024. Notable gainers include Cann Gr, Item 9 Labs, cbdMD, and others with increases ranging from 4.62% to 68.33%. Conversely, several companies experienced declines, with GrowLife leading the losers, dropping 66.67%. Other notable losers include Khiron Life Sciences, MJ Holdings, and OrganiGram Holdings, with decreases ranging from 3.10% to 25.00%. The article was produced by Benzinga's automated content engine.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 9:30 pm

On December 29, 2023, several cannabis stocks experienced significant movements. Notable gainers included Cann Gr, Item 9 Labs, and Maple Leaf Green World, with increases of 68.33%, 35.71%, and 24.21% respectively. Conversely, GrowLife, Khiron Life Sciences, and MJ Holdings were among the biggest losers, with declines of 66.67%, 25.00%, and 19.37%. OrganiGram Holdings, Village Farms Intl, and Tilray Brands, all NASDAQ-listed, also saw their shares drop by 7.80%, 4.76%, and 3.73%.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 9:30 pm

Cannabis stocks experienced significant movements on December 26, 2023. Notable gainers included GrowLife, 4Front Ventures, and C21 Investments, with increases of 40%, 22.53%, and 22.16% respectively. Canopy Growth, Eastside Distilling, Cresco Labs, and Tilray Brands also saw gains on NASDAQ. Conversely, Affinor Growers and Cann Gr were among the biggest losers, with shares dropping 58.79% and 57.02%. Urban-gro, Psychemedics, and Neptune Wellness Solutions were among NASDAQ-listed companies that saw their stock prices decline.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 9:30 pm

The cannabis industry is experiencing significant leadership changes as we head into 2024. The Indigenous Cannabis Industry Association (ICIA) hosted a roundtable to discuss hemp and cannabis regulation. Emerald Holding, Inc. (NYSE:EEX) promoted Emilie Lewis to oversee marketing for Marijuana Business Daily. MediPharm Labs Corp. (OTCQB:MEDIF) announced the resignation of board member Miriam McDonald. Lowell Farms Inc. (OTCQX:LOWLF) reported the departure of board member Brian Shure. Trulieve Cannabis Corp. (OTCQX:TCNNF) named Wes Getman as its new CFO, and Organigram Holdings Inc. (NASDAQ:OGI) appointed Greg Guyatt as CFO. Innocan Pharma Corporation (OTCQB:INNPF) established a team for FDA submission for its LPT CBD platform.

Portfolio Pulse from Jelena Martinovic

December 22, 2023 | 9:31 pm

Marijuana stocks experienced significant movements on December 20, 2023. Canopy Growth (CGC) saw an extraordinary rise of 827.46%, while EVIO plummeted by 99%. Other notable gainers include MJ Holdings (MJNE) and Greenlane Holdings (GNLN), with increases of 46.97% and 11.65% respectively. Conversely, MPX International (MPXOF) and Cann Gr (CNGGF) faced sharp declines. The volatility in the sector is evident, with several companies experiencing double-digit percentage changes in their stock prices.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 9:30 pm

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