Sunday 1 December 2019

OrganiGram Holdings Inc. Stock could be headed downhill

OrganiGram Holdings Inc. is NASDAQ (OGI) and TSX (OGI). This is the parent company of OrganiGram Inc. It is a leading Canadian licensed producer (LP) of quality cannabis and extract-based products. It was founded in 2013.

OrganiGram first began as a medical cannabis provider. Today, the company produces cannabis for patients and recreational users. Users are in Canada. International business partnerships are also being developed. The company says that it has one of the lowest cultivaton cost per gram among Canadian LPs.

OrganiGram has reported positive adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) for the last 4 quarters in a row.

OrganiGram Holdings Inc. is on TSE as OGI. You can see that the stock peaked in 2019 at CAD$10.72. The stock is down to CAD$3.55 at November 29, 2019.

Interesting News Links about OrganiGram Holdings Inc. Stock:

1 comment:

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