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Stock impact report

Organigram Provides Update on Corporate Action Plan in Response to COVID-19 Pandemic

Organigram Holdings Inc. - Common Shares (OGI) 
Last organigram holdings inc. - common shares earnings: 1/14 04:00 pm Check Earnings Report
Company Research Source: Business Wire
Also provides details for Q2 Fiscal 2020 earnings conference call scheduled for April 14, 2020 MONCTON, New Brunswick--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, today announced the temporary layoff of approximately 45 per cent of its workforce primarily to help boost COVID-19 containment efforts representing approximately 400 employees.“These are unprecedented and trying times,” says Greg Engel, CEO, Organigram. “Our priority right now is to make sound strategic decisions that are in the best interests of our people and which will contribute to the long-term sustainability of the Company.”Corporate Action PlanAs a Canadian business, employer and member of the Moncton and New Brunswick communities, Organigram has been focused on proactive strategies to protect the health and safety of its workers as well as maintain the continuity of its business. Show less Read more
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