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Big Tobacco's Latest $86.8 Million Cannabis Investment Signals Growing Industry Influence
Wednesday, March 5, 2025 - 11:35am | 841British American Tobacco (NYSE:BTI), recognized as one of the top three tobacco companies globally by both market capitalization and net sales, has further entrenched itself in the cannabis industry, finalizing a strategic investment of C$124.6 million (approximately $86.8 million) in Organigram...
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Model Update For OrganiGram Holdings: 'Discount To Larger Peers Is Overdone'
Wednesday, January 12, 2022 - 9:33am | 424Pablo Zuanic, analyst at Cantor Fitzgerald, offered an updated investment model for OrganiGram (TSE: OGI) (NASDAQ: OGI) for which he maintained an Overweight but lowered the 12-month price target for the stock to C$5.30 from C$5.70, owing to the increased share count. The...
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Organigram Sees 27% YoY Revenue Decline
Tuesday, July 21, 2020 - 12:36pm | 324Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) has posted its third-quarter results for fiscal 2020. According to a Tuesday's update, the Moncton, New Brunswick-based company saw a year-over-year revenue drop of around 27% to $18 million. Organigram's priority following the...
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The Week Ahead In Cannabis: Earnings, CannTrust Update And More
Monday, July 15, 2019 - 7:31am | 492Earnings reports, M&A deal updates and a potential update regarding CannTrust Holdings Inc (NYSE: CTST) -- Here's what scheduled to take place this week in the cannabis industry. Organigram, Canopy Rivers Earnings As we're entering the earnings season, we already see companies lining up...
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OrganiGram Announces Proprietary Technology For Cannabis-Infused Edibles
Monday, July 8, 2019 - 4:32pm | 358Canadian cannabis producer OrganiGram Holdings Inc (NASDAQ: OGI) announced a new proprietary technology that would enable the production of liquid and powdered cannabinoid products. What Happened OrganiGram's proprietary technology uses nano-emulsion that creates micro-droplets that are very...
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OrganiGram Applies For NASDAQ Listing
Monday, April 29, 2019 - 2:25pm | 330Canadian cannabis producer OrganiGram Holdings Inc (OTC: OGRMF) plans to join the list of cannabis companies listed on the NASDAQ exchange. What To Know OrganiGram on April 26 said it applied to have its stock listed on the NASDAQ Global Select Market. In anticipation of the listing, the company...
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Want To Invest In Marijuana? Look To Canada
Wednesday, April 20, 2016 - 2:26pm | 493April 20 of each year marks a celebration for marijuana enthusiasts, despite the herb still being illegal in most of the country. For investors, what this means is until marijuana becomes legalized at the federal level, you'll be hard pressed to find many pot stocks trading in New York....