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OGI OrganiGram Holdings Inc

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  • 2.220
  • +0.130+6.22%
15min DelayMarket Closed Dec 20 16:00 ET
280.07MMarket Cap-4.65P/E (TTM)
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    Organigram Holdings Inc. has seen some significant developments in the past four months:
    * Acquisition of Motif Labs: In December 2024, Organigram acquired Motif Labs, a Canadian cannabis company, for C$90 million upfront. This acquisition is expected to strengthen Organigram's position in the Canadian cannabis market.
    * Trading Halts and Resumptions: Organigram's stock trading was halted on December 6, 2024, pending news. Trading resumed shortly after, with the company announcing the Motif...
    Last week marked a historic day for the cannabis industry as the U.S. Drug Enforcement Administration (DEA) unveiled plans to reevaluate marijuana's classification as a less dangerous drug. In response to this significant development, cannabis stocks surged. What impacts will this have on the industry? What new avenues for investment and risks are poised to emerge?
    What happened?
    Marijuana has been classified as her...
    A Pivotal Moment for the Cannabis Stock: Exploring Investment Prospects and Risks
    5
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