OrganiGram Holdings Inc.

OrganiGram Holdings, Inc. engages in the production and sale of medical marijuana. It focuses on producing cannabis for patients and adult recreational consumers. The firm's brands include Adult Recreational and Medical. The company was founded on July 5, 2010 and is headquartered in Moncton, Canada.

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OrganiGram Holdings, Inc. engages in the provision of high-quality, indoor-grown cannabis for patients and adult recreational consumers and developing international business partnerships to extend the company’s global footprint. Its brands include Edison, Big Bag O’ Buds, SHRED, Monjour, and Trailblazer. The company was founded on July 5, 2010 and is headquartered in Toronto, Canada.

Organigram's stock has surged 22% since my last analysis, outperforming the cannabis market, yet it remains a buy due to its promising chart and valuation. The fiscal Q3 report exceeded expectations with revenue up 25% and adjusted EBITDA turning positive, highlighting significant financial improvement and strong cash reserves. Analysts have raised their projections for FY25 and FY26, expecting higher revenue and adjusted EBITDA, reinforcing the stock's attractive valuation and growth potential.

Organigram: Why I Still Like It

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Many legal cannabis operators are working to keep pushing the boundaries of the industry. Innovation is key for any growing sector and cannabis is no different. Right now is a pivotal time for the cannabis industry as things are continuously changing. The climate of the sector and the success of companies can have a direct connection to how most marijuana stocks perform, especially during an election year where promises may come along from presidential candidates to better the industry.

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Zura Bio Ltd

SACRAMENTO, Calif.--(BUSINESS WIRE)--CPS HR Consulting, a leader in public sector HR consulting, is thrilled to announce a strategic partnership with GovInvest, the pioneer of compensation analytics technology for government agencies. This collaboration aims to combine CPS HR's renowned compensation consulting expertise with GovInvest's innovative software platform, offering unparalleled data confidence and decision-making capabilities. Highlights of the Partnership Best-in-Class Consulting + T.

CPS HR Consulting Partners with GovInvest to Revolutionize Compensation Consulting with Advanced Technology

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, announced today that on August 30, 2024, the Company closed the second of three tranches (the “Second Tranche”) of the previously announced C$124,559,674 follow-on strategic equity investment (the “Investment”) by BT DE Investments Inc. (the “Investor”), a wholly owned subsidiary of British American Tobacco plc (“BAT”). Pursuant to the Second Tra.

Organigram Closes Second Tranche of Previously Announced BAT Private Placement Investment

When it comes to finding top marijuana stocks to buy which companies would you choose? Now when going through this process there are some things to consider. For the most part, investing in all things is based on the same basic outline which is buy low sell high do your research create a game plan be patient, and try to take profits when you can.

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The cannabis industry is buzzing with recent developments that could significantly impact its future. In July 2024, the U.S. Senate reintroduced the SAFE Banking Act to provide cannabis businesses with greater access to banking services. This move has reignited optimism in the sector, as it could alleviate some of the financial constraints faced by cannabis companies. Additionally, several states, including Florida and Ohio, are pushing forward with ballot initiatives that could legalize recreational marijuana by the end of the year. These legislative efforts, combined with the growing momentum for federal legalization, are fueling investor interest in marijuana penny stocks.

Next Week's Top Marijuana Stocks: Recent Big Gainers to Watch

Organigram reported improved 3Q 2024 results. The company holds lead position in the Canadian cannabis market and is increasing its international cannabis exports. OGI stock price trades below its NAV per share and is undervalued.

Organigram: Q3 2024 Earnings Show Improvement In Revenues And Net Income (Hold)

Organigram (NASDAQ: OGI ) stock is rising higher on Tuesday after the Canadian cannabis company released its most recent earnings report. The big news here is the company reporting C$41.06 million in revenue for its fiscal third quarter of the year.

Why Is Organigram (OGI) Stock Up 25% Today?

Organigram Holdings Inc. (NASDAQ:OGI ) Q3 2024 Earnings Conference Call August 13, 2024 8:00 AM ET Company Participants Max Schwartz - Director of Investor Relations Beena Goldenberg - Chief Executive Officer Greg Guyatt - Chief Financial Officer Conference Call Participants Aaron Grey - AGP Pablo Zuanic - Zuanic & Associates Frederico Gomes - ATB Capital Markets Yewon Kang - Canaccord Genuity Operator Good morning. My name is Keyla, and I'll be your conference operator today.

Organigram Holdings Inc. (OGI) Q3 2024 Earnings Call Transcript

OrganiGram Holdings Inc.'s stock OGI, -2.04% was up 4% in premarket trading Wednesday after the Canadian cannabis producer reported beter-than-expected revenue. OrganiGram swung to third-quarter net income of C$2.82 million ($2.05 million), from a loss of C$213.45 million in the year-ago quarter.

Organigram's stock rises as Canadian pot company's revenue tops analyst estimate

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, announced its results for the third quarter ended June 30, 2024 (“Q3 Fiscal 2024”). THIRD QUARTER HIGHLIGHTS Third quarter net revenue increased 25% to $41.1 million compared to $32.8 million in the same prior-year period Adjusted gross margin1 of $14.6 million or 36%, compared to $6.1 or 19% in the same prior- year period Net income of $2.8 mill.

Organigram Reports Third Quarter Fiscal 2024 Results

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), a leading licensed producer of cannabis, is pleased to unveil the preliminary results of its landmark clinical pharmacokinetic (PK) study conducted via the Product Development Collaboration (PDC) on its latest innovation, nanoemulsion technology. This patent-pending technology, branded FAST™ (Fast Acting Soluble Technology), will be the first innovation to be commercialized by Organigram leveraging the output of the PD.

Organigram Product Development Collaboration Completes Landmark Clinical Study on Nanoemulsion Technology

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (together, the “Company” or “Organigram”), a leading licensed producer of cannabis, announced today it will report earnings results for its third quarter fiscal 2024 ended June 30, 2024, on Tuesday, August 13, 2024, prior to market open. The Company will host a conference call to discuss its results with details as follows: Date: Tuesday, August 13, 2024 Time: 8:00 am Eastern Time.

Organigram to Report Third Quarter Fiscal 2024 Results on August 13, 2024

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TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the "Company" or "Organigram"), a leading licensed producer of cannabis, announced the appointment of Craig Harris to the Organigram Board of Directors effective today. Craig brings over 20 years of experience as a commercial lawyer, with a background in private practice and legal and regulatory engagement roles for various corporations. He is currently the Assistant General Counsel – Corporate & Commercial Legal.

Organigram Announces Appointment of Craig Harris to Board of Directors

SNDL Inc.

Investing in top marijuana stocks in 2024 can be a bit of a challenge. Sometimes it can be tough knowing which companies to consider and when to take action. For many no matter the sector investing is a skill that takes time to get right. To begin if you are new to marijuana stocks some factors to keep in mind. Most of the sector operates with a large amount of volatility.

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TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the "Company" or "Organigram"), a leading licensed producer of cannabis, announced today that it has completed an early partial funding of its final third tranche investment into Phylos Bioscience Inc. (“Phylos”), a U.S. cannabis genetics company and provider of production ready seeds, with the remaining portion of the final tranche to be funded upon completion of the newly expanded final milestone. As part of the exp.

Organigram to Bolster Auto-Flower and Rare Cannabinoid Portfolio with Partial Third Tranche Investment of US $1M into Phylos

On July 10, Zuanic & Associates hosted a panel discussion focusing on the European cannabis market, featuring Benna Goldenberg, CEO of Organigram Holdings OGI, and Finn Age Hansel, CEO of Sanity Group.

A $2 Billion Opportunity In Cannabis: How A Tobacco Giant Is Helping Organigram Seize The German Market

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the "Company" or "Organigram"), a leading licensed producer of cannabis, is pleased to announce its first significant strategic investment aimed at expanding its presence in the European cannabis market. Using proceeds from its Jupiter strategic investment pool, the Company has agreed to invest €14 million (~ C$21 million) initially comprised of €11.5 million via an unsecured convertible note and €2.5 million to purch.

Organigram Invests in Sanity Group, a Leading German Cannabis Company

SYNNEX

TORRANCE, Calif.--(BUSINESS WIRE)--GETTRX™ has announced that their newest platform, GETTRX One™, now gives users access to ACH transactions. This comes in addition to the existing capabilities for accepting Apple Pay, Google Pay, and card payments. By including ACH payments, the platform provides a trusted way to move money directly between accounts, one that serves as a lower-cost alternative to card payments. This method also validates account and routing numbers on every transaction, minimi.

GETTRX™ Is Now Offering ACH Transactions on Its GETTRX One™ Platform

Organigram stock has declined substantially, still up 16.4% in 2024, but well below its recent public offering price. Q2 report showed revenue fell 5% to C$37.6 million, with adjusted EBITDA at -C$1 million. Stock valuation is cheap at 0.8X tangible book value, potential for significant gains if analyst outlook improves.

Organigram Has Declined A Lot And Is A Great Deal

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce its second international medical cannabis customer in the UK, Avida Medical, a full-service medical cannabis and specials medicines manufacturing business. Subject to the terms of the Agreement, the Company expects to supply 1,700 kilograms of high-quality, indoor-grown dried cannabis flower to Avida Medical in the UK over.

Organigram Signs Three Year Supply Agreement with Avida Medical in UK

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As Memorial Day weekend approaches, investors are eyeing top Canadian marijuana stocks. These stocks have shown potential for significant growth. The global cannabis industry is expected to be worth over $73 billion by 2027, according to Grand View Research. Canada's leading cannabis companies, such as Canopy Growth and Aurora Cannabis, continue to dominate the market. They offer strong investment opportunities. Recently, news about U.S. legalization efforts has stirred the market. The SAFE Banking Act is gaining momentum in Congress, which could boost Canadian stocks with U.S. ties. This legislation aims to provide financial services to cannabis businesses.

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Alex Carchidi is bullish on the cannabis sector but not ready to invest in stocks, except for Innovative Industrial Properties. 2 cannabis stocks worth considering are Green Thumb Industries and Trulieve Cannabis.

Looking For The Bud Light Of Cannabis

Organigram Holdings Inc. (NASDAQ:OGI ) Q2 2024 Earnings Conference Call May 14, 2024 8:00 AM ET Company Participants Max Schwartz - Director, IR Beena Goldenberg - CEO Greg Guyatt - CFO Conference Call Participants Aaron Grey - Alliance Global Partners Matt Bottomley - Canaccord Genuity Frederico Gomes - ATB Capital Markets Operator Good morning. My name is Gilles, and I'll be your conference operator today.

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