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Stock impact report

Organigram Is My Favorite Cannabis Stock Again [Seeking Alpha]

Organigram Holdings Inc. - Common Shares (OGI) 
Last organigram holdings inc. - common shares earnings: 1/14 04:00 pm Check Earnings Report
Company Research Source: Seeking Alpha
The fiscal Q1 report showed a revenue shortfall, particularly in international sales, but positive operating cash flow. Analysts' outlook for Organigram's future revenue and adjusted EBITDA has remained relatively stable. At the very end of 2023, I explained why Organigram ( NASDAQ: OGI ) was my favorite cannabis stock . It still is! The stock is up a lot this year, and my ownership in my model portfolio of a 19.5% stake is not the way I usually operate. I haven't held the stake the full year, as I exited the name in March. It's better to be lucky than smart, and I was very lucky, as the company surprised the market (and me) by selling stock. The stock pulled back, which is normal, but the pullback accelerated when Tilray Brands ( TLRY ) reported its fiscal Q3 and plunged. I am not surprised by how much Tilray has retreated. My most popular article on Seeking Alpha since 2014 was my write-up just in advance of that financial report, when I explained why I expected the stock cou Show less Read more
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