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0 0.00127970749542956 -0.00182815356489957 0.00182815356489941 -0.00365630712979899 -0.00519195612431452 -0.020109689213894 -0.023765996343693
Stock impact report

Organigram Invests in U.S. Based Open Book Extracts Representing Inaugural Jupiter Investment [Yahoo! Finance]

Organigram Holdings Inc. - Common Shares (OGI) 
Last organigram holdings inc. - common shares earnings: 1/14 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
TORONTO, March 26, 2024 BUSINESS WIRE )--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the "Company" or "Organigram") is pleased to announce a US $2 million minority investment in Steady State LLC (d/b/a Open Book Extracts) ("OBX") in the form of a convertible note. Based in Roxboro within North Carolina's "Research Triangle," OBX specializes in legal cannabinoid ingredient production and serves as a one-stop formulation and finished goods manufacturer, simplifying its clients' supply chains. "We are extremely excited to make our first Jupiter pool investment in Open Book Extracts, a company that we've had on our radar for quite some time," said Paolo De Luca, Chief Strategy Officer of Organigram. "OBX has a scalable platform, differentiated products, and a great team, all of which support its tremendous access to the U.S. market and leadership in the fast-growing hemp derivatives category," he concluded. "Organigram has consistently proven itself to be one of Canada's le Show less Read more
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