|Bid||7.92 x 0|
|Ask||7.93 x 0|
|Day's Range||7.92 - 8.31|
|52 Week Range||4.11 - 11.30|
|Beta (3Y Monthly)||4.30|
|PE Ratio (TTM)||25.40|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Organigram Holdings Inc. (NASDAQ: OGI) is more than doubling its number of cultivation rooms after receiving approval from Health Canada. The 17 additional rooms increase Organigram's annual production capacity by 14,000 kilograms, giving Organigram 61,000 kilograms of total output each year. Organigram will now begin moving plants into the newly approved spaces.
San Francisco-based Pax Labs , which makes app-controlled vaporization technologies and devices for cannabis flowers and concentrates, announced Friday agreements with leading cannabis companies to leverage ...
Organigram Holdings (TSX VENTURE: OGI) (OTCQX: OGRMF) is betting big on adult-use cannabis edibles with investing in a fully-automated production line having the ability to produce chocolate cannabis edibles. The parent company of licensed producer of cannabis Organigram unveiled plans to invest $15 million in the production line that could produce an estimated 4 million kilograms of chocolate cannabis edibles […]The post Organigram Investing $15M in Chocolate Cannabis Production Facility appeared first on Market Exclusive.
Organigram Holdings Inc. sold the second-most amount of recreational cannabis in Canada, but its market capitalization trails rivals handily — at least until it lists on the Nasdaq and gets access to more institutional investors.
VIVO Cannabis (TSX-V: VIVO) (OTCQX: VVCIF) reported its fourth quarter and 2018 annual financial and operating results. The company had net sales of C$9.7 million for 2018, versus net sales of C$0.9 million for 2017. Net revenue for the fourth quarter was C$5.8 million, up from C$0.3 million in the same quarter of 2017. The Green Organic Dutchman […]The post Cannabis Stock News Daily Roundup April 30 appeared first on Market Exclusive.
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of OrganiGram Holdings...
Cannabis stocks rose across the board on Tuesday, as three separate surveys found Americans are increasingly in favor of legalization, demonstrating a major shift in opinion over the last two decades.
Chevron Up $9.5B in Ruling to Negate Ruling to Force it to Pay $9.5B to Ecuador Prepare for a series of confusing negations of double and triple negatives. The case involves Chevron (NYSE:CVX) and Ecuador, generally in the news these days after the arrest of Julian Assange. This time they’re in the news for their […]The post Market Morning: Chevron Beats Ecuador, Sanders Winning, Volkswagen Losing, Pot Delivery Problems appeared first on Market Exclusive.
Organigram on Monday joined a chorus of companies saying their challenge in supplying the Canadian cannabis market is not growing massive amounts of marijuana, but transforming the plant into a product that’s ready for sale.
Neptune Wellness Solutions (NASDAQ: NEPT) (TSX: NEPT) announced that its Solutions Business has started offering product development solutions with hemp-derived ingredients to business customers in the U.S. A U.S.-based supply chain of licensed hemp extract producers has been established, and initial purchase orders are now being processed, the company said in a statement this morning. BLOCKSTRAIN […]The post Cannabis Stock News Daily Roundup April 15 appeared first on Market Exclusive.
Canadian cannabis company Organigram Holdings Inc. said Monday it had a net loss of C$6.4 million ($4.8 million), or 5 cents a share, in its fiscal second quarter to Feb. 28, after earnings of C$1.076 million, or 1 cent a share, in the year-earlier period. Gross revenue rose to C$33.5 million from C$2.93 million a year ago. Revenue excluding excise taxes came to C$26.9 million. The consensus of four analysts polled by FactSet was for EPS of 2 cents and revenue of C$24.2 million. The company said its "all-in" cost of cultivation came to 85 cents per gram of dried flower harvested, down from C$1.48 a year ago, mostly due to higher yields per plant. The company said it believes it's well positioned for the derivatives and edibles launch in the fall of 2019 and is expanding capacity at its Moncton facility. It is focusing on vaporizable pen technologies and a range of edibles. Shares rose 0.9% premarket, and have gained 129.3% in the last 12 months, while the S&P 500 has gained 9.5%.
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The latest earnings update OrganiGram Holdings Inc. (CVE:OGI) released in August 2018 confirmed that the business finally turned profitable after negative earnings on average over the last couple of years. Read More...
Cannabis News iAnthus Capital Holdings (OTCMKTS:ITHUF) and MPX Bioceutical Corp. (OTCMKTS:MPXUF) reported receiving an interim order from the Supreme Court of British Columbia that allows MPX to hold a special securityholders meeting to consider a iAnthus proposal for acquisition of all of the issued and outstanding MPX common shares. Under the deal, MPX shareholders will […] The post Cannabis Stock News Weekend Roundup December 16 appeared first on Market Exclusive.
Farm Credit Canada has extended a $10M loan facility to OrganiGram Holdings Inc (OTCMKTS:OGRMF). The parent company of Organigram Inc. says that the loan will play a significant role in the expansion of its Moncton campus. The move coincides with an increasing demand for high-quality cannabis across Canada. According to Greg Engel, the CEO of […] The post OrganiGram Holdings Acquires A $10M Loan Facility From Farm Credit Canada appeared first on Market Exclusive.
If you want to know who really controls OrganiGram Holdings Inc (CVE:OGI), then you’ll have to look at the makeup of its share registry. Large companies usually have institutions as Read More...