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Stock news
OrganiGram (OGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the "Company" or "Organigram"), a leading licensed producer of cannabis, is pleased to announce the launch of Edison RE:MIX dissolvable cannabis powder. RE:MIX is the latest innovation from the Company’s Edison brand portfolio of products, offering Canadian adults the opportunity to enjoy cannabis their way.
Which stock wins in a matchup between a small Canadian cannabis producer and a top U.S. multistate cannabis operator?
Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the "Company" or "Organigram"), a leading licensed producer of cannabis, announced today the closing of its previously announced underwritten public offering of units of the Company (the "Units") for total gross proceeds of C$69,143,750 (the "Offering"). The Company sold 37,375,000 Units at a price of C$1.85 per Unit, including 4,875,000 Units sold pursuant to the exercise in full of the underwriters’ over-...
No one got much of a buzz from OrganiGram Holdings (NASDAQ: OGI) stock on Tuesday. The shares fell a steep 23%, following the Canadian marijuana company's announcement that it will float a secondary share issue. Tuesday morning, OrganiGram revealed it is issuing 32.5 million "units," consisting of one common share of the company's stock and one half of a single warrant to purchase one common share, at 1.85 Canadian dollars ($1.42) per unit.
Organigram Holdings Inc. said Tuesday it is offering C$60 million ($46 million) of units in a syndicated deal led by Canaccord. The Canadian cannabis company said each unit will be priced at C$1.85 and will be comprised of one share plus one half of one common share purchase warrant. Warrants will be exercisable to acquire one common shares for up to three years following the closing date at an exercise price of C$2.50 per warrant share. The underwriters have been granted a 30-day option to acq...
MONCTON, NB, Nov. 10, 2020 /CNW/ - Organigram Holdings Inc.