Organigram acquires edibles company in $35-million deal to tap red-hot demand [Toronto Globe and Mail (Ontario, Canada)]
Organigram Holdings Inc. - Common Shares (OGI)
Last organigram holdings inc. - common shares earnings: 1/14 04:00 pm
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Source: Toronto Globe and Mail
Organigram acquires edibles company in $35-million deal to tap red-hot demand Cannabis plants grow at an Organigram facility in Moncton on Oct. 12, 2019. John Morris/The Globe and Mail Cannabis plants grow at an Organigram facility in Moncton on Oct. 12, 2019. Organigram Holdings Inc said on Tuesday it has acquired The Edibles & Infusions Corp (EIC) in a $35 million stock deal, as the cannabis producer looks to tap surging demand for pot-based edibles and soft chews. The U.S.-listed shares of Organigram were up 2 per cent at US$3.56 in premarket trade, after the Canadian company announced its deal with Vancouver-based pot firm AgraFlora Organics International Inc , which owns 43 per cent of EIC. Pot edibles, like gummy bears, brownies and drinks, have been the biggest beneficiaries of a demand windfall for cannabis-related companies during the pandemic, as consumers stuck at home spent more on their products. “Edible products remain an important product category to Organigram, an
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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