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Organigram Wants To Become Canada's Largest Cannabis Company By Market Share Via $71M Acquisition Deal
Friday, December 6, 2024 - 5:24pm | 546Organigram Holdings Inc. (NASDAQ:OGI) (TSX:OGI) announced the acquisition of 100% of Motif Labs Ltd. for CA$90 million ($64 million), comprising of CA$50 million in cash and CA$40 million in Organigram common shares, based on a 30-day trading VWAP of $2.321 on the TSX. An additional CA$10 million...
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Organigram Supports Cannabis In Germany With $15M Initial Investment In This Berlin Marijuana Co.
Tuesday, June 25, 2024 - 11:39am | 733Organigram Holdings Inc. (NASDAQ:OGI) (TSX:OGI) announced on Tuesday a strategic investment aimed at expanding its presence within the burgeoning European cannabis market. What Happened The Toronto-based company will utilize proceeds from its Jupiter strategic investment pool and invest €14 million...
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Organigram Stock Up On $36M Acquisition Of Quebec-Based Craft Cannabis, Hash Producer
Tuesday, December 21, 2021 - 12:37pm | 601Cannabis producer Organigram Holdings Inc. (TSX:OGI)(NASDAQ: OGI) announced Tuesday that it has acquired all of the issued and outstanding shares of Laurentian Organic Inc. What Happened? The Moncton, New Brunswick-based company, agreed to purchase Laurentian for $36 million, plus earnout...
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Organigram Holdings Shares Up Slightly As It Reports 13% Increase In Q3 Revenue, Recreational Net Revenue Spikes 40% QoQ
Tuesday, July 13, 2021 - 10:27am | 655Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) posted its latest financial earnings report Tuesday, touting a sequential increase in both gross and net revenue of 51% and 39%, respectively. During the third quarter of 2021, gross revenue totaled $29.1 million, representing an increase of 31%...
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Cannabis Co. Organigram Needs To Fill 75 Positions As It Launches The Center Of Excellence
Friday, June 4, 2021 - 1:32pm | 351Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) announced Friday it needs 75 new employees to cover various positions across a variety of sectors, such as production, operation, cultivation, marketing, sales, sanitation, research, and quality assurance. At the same time Moncton, New...
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Cannabis Industry Leaders Discuss Growing Pains
Monday, August 20, 2018 - 1:00pm | 519Regulations, reporting requirements and talent are three of the challenges in scaling a cannabis business, according to executives who discussed the topic Friday at the Benzinga Cannabis Capital Conference in Toronto. Competition The laws and restrictions pertaining to cannabis create...