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

1.50

Mkt cap

156M

Volume

493K

High

1.50

P/E Ratio

-0.80

52-wk high

2.91

Low

1.44

Div yield

N/A

52-wk low

1.19

The article lists the cannabis stocks that gained and lost on July 11, 2023. Notable gainers include Gaby (OTC:GABLF), Kaya Holdings (OTC:KAYS), Canopy Gwth (NASDAQ:CGC), and Village Farms Intl (NASDAQ:VFF). Significant losers include Tetra Bio Pharma (OTC:TBPMF), Target Group (OTC:CBDY), Global Compliance (OTC:FUAPF), and MJ Holdings (OTC:MJNE).

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 9:30 pm

The cannabis sector experienced a bullish sentiment on July 7, 2023, with several companies seeing significant gains in their share prices. OrganiGram Holdings led the pack with a 309.21% increase, followed by Curaleaf Holdings, Canopy Gwth, and others. However, 4Front Ventures saw a 6.04% decrease in its share price.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 9:30 pm

The cannabis sector experienced a bearish sentiment on July 6, 2023. iAnthus Capital Hldgs and Trulieve Cannabis shares closed up 8.80% and 3.29% respectively. However, several cannabis stocks including 22nd Century Group, Village Farms Intl, Cara Therapeutics, Canopy Gwth, SNDL, Tilray Brands, Cresco Labs, GrowGeneration, Cronos Group, OrganiGram Holdings, and Aurora Cannabis closed down.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 9:30 pm

Organigram Holdings Inc. (NASDAQ:OGI) (TSX:OGI) has completed a share consolidation at a ratio of four pre-consolidation common shares for every one post-consolidation common share. The move was made to ensure the company continues to comply with Nasdaq listing requirements after its common share price fell below an average of $1.00 for a consecutive 30 trading-day period. The post-consolidation common shares will commence trading on July 7, 2023.

Portfolio Pulse from Vuk Zdinjak

July 06, 2023 | 1:27 pm

On July 4, 2023, several cannabis stocks experienced significant gains, with Canopy Gwth (CGC) leading the pack with a 52.10% increase. However, 22nd Century Group (XXII) shares closed down 22.13%.

Portfolio Pulse from Benzinga Insights

July 04, 2023 | 9:30 pm

On July 3, 2023, several cannabis stocks saw significant gains, with Canopy Gwth (CGC) leading the pack with a 52.10% increase. Other notable gainers include iAnthus Capital Hldgs (ITHUF), BioHarvest Sciences (CNVCF), Aurora Cannabis (ACB), and Tilray Brands (TLRY). The only loser was 22nd Century Group (XXII), which saw a 22.13% decrease.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 9:30 pm

The article discusses the potential of the cannabis industry as a source of tax revenue for the U.S. government, comparing it to the tobacco industry. It highlights that cannabis tax revenue has surpassed tobacco tax revenue in states like Colorado and Washington. The article also mentions the need for tax reform to unlock the full potential of the cannabis economy. Major tobacco players such as Philip Morris International, Altria Group, Imperial Brands, and British American Tobacco are exploring opportunities in the cannabis market.

Portfolio Pulse from Nicolás Jose Rodriguez

June 30, 2023 | 3:21 am

The cannabis sector experienced a bearish sentiment on June 29, 2023. 4Front Ventures and OrganiGram Holdings saw their shares rise by 7.76% and 3.11% respectively. However, Cipher Pharmaceuticals, Cara Therapeutics, and BioHarvest Sciences saw their shares fall by 7.67%, 5.94%, and 3.33% respectively.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 9:30 pm

On June 28, 2023, TerrAscend, MariMed, and 4Front Ventures saw their shares rise by 3.88%, 3.67%, and 3.55% respectively. On the other hand, Cara Therapeutics, Canopy Gwth, 22nd Century Group, and OrganiGram Holdings saw their shares fall by 12.68%, 8.88%, 7.14%, and 4.26% respectively.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 9:30 pm

Cannabis stocks experienced significant price movements on June 26, 2023, with Village Farms Intl, Tilray Brands, Innovative Ind Props, ESCO Technologies, Emeren Group, and SNDL closing up, while iAnthus Capital Hldgs, Cara Therapeutics, 4Front Ventures, BioHarvest Sciences, and OrganiGram Holdings closed down.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 9:30 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.