Organigram Applauds the Standing Committee on Finance’s Recommendation on Excise Duty
Organigram Holdings Inc. - Common Shares (OGI)
Last organigram holdings inc. - common shares earnings: 1/14 04:00 pm
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Source: Business Wire
Revised Excise Framework Remains One of the Most Critical Reforms Required to Ensure the Long-Term Viability of the Cannabis Industry TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”) enthusiastically supports the Standing Committee on Finance’s recent recommendation on the Excise Duty framework.In a recently released report, titled ‘Shaping our Economic Future: Canadian Priorities,’ the House of Commons Standing Committee on Finance has unanimously recommended adjusting the excise duty formula for cannabis so that it is limited to a 10% ad valorem rate, and modifying the duty's operation, including applying excise stamps on cannabis products.Based on a survey conducted by the Cannabis Council of Canada, licensed producers currently pay up to 35% of top-line revenue in excise duties because of an erroneous assumption at the time of legalization that the price of cannabis flower would be approximately $10 per gram to the ret
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- Are Medical Stocks Lagging OrganiGram (OGI) This Year? [Yahoo! Finance]Yahoo! Finance
- Organigram Is My Favorite Cannabis Stock Again [Seeking Alpha]Seeking Alpha
- Organigram Holdings Inc. (NASDAQ: OGI) was upgraded by analysts at Alliance Global Partners from a "neutral" rating to a "buy" rating.MarketBeat
- Organigram Recognized for Executive Gender Diversity by the Globe & Mail's Women Lead Here Report for the Fourth Consecutive Year [Yahoo! Finance]Yahoo! Finance
- Organigram Recognized for Executive Gender Diversity by the Globe & Mail’s Women Lead Here Report for the Fourth Consecutive YearBusiness Wire
OGI
Sec Filings
- 4/25/24 - Form 6-K
- 4/8/24 - Form 6-K
- 4/3/24 - Form 6-K
- OGI's page on the SEC website