Organigram Global Inc Stock Price, News & Analysis

Organigram Holdings Inc. (NASDAQ: OGI) will release its first quarter Fiscal 2021 earnings results on January 12, 2021. The results cover the period ending November 30, 2020. Following the report, a conference call will take place at 8:00 AM Eastern Time to discuss the details. Interested parties can register for the call via the provided link. Organigram, a leading cannabis producer based in New Brunswick, Canada, focuses on high-quality indoor-grown cannabis, serving both medical and recreational markets while exploring international partnerships.

Organigram Holdings (NASDAQ:OGI) announced the launch of three new high-potency Indica strains from its Edison Cannabis Co. brand: Black Cherry Punch, Ice Cream Cake, and Slurricane. Each strain offers unique flavour profiles and THC levels between 17%-26%. These products are expected to be available in 3.5g formats at select retail locations in Canada. CEO Greg Engel emphasized the company's commitment to science and quality in cannabis production. The strains will also be accessible to medical patients under different names, expanding Organigram's footprint in the rapidly growing cannabis market.

Organigram Holdings (NASDAQ: OGI) has launched new Trailblazer Spark, Flicker, and Glow 510-thread Torch vape cartridges in a 1g format, expanding its product line in the Canadian recreational cannabis market. These cartridges, designed for 510-thread vaporizers, include high-quality CO2 extract and three unique terpene-infused flavors: Flicker (Purple Punch), Spark (Maui Wowie), and Glow (Cherry Kush). The 1g cartridges offer a new option to consumers, reflecting the company's commitment to quality and variety in cannabis products.

Organigram Holdings Inc. (NASDAQ: OGI) announced it will report earnings results for the fourth quarter and full year Fiscal 2020, ending August 31, 2020, on November 30, 2020, before the market opens. A conference call will follow at 8:00 AM Eastern Time on the same day to discuss these results. Investors can register for the call and access a webcast through provided links. Organigram focuses on producing high-quality cannabis products in Canada and expanding internationally, operating under regulations outlined by the Cannabis Act.

Organigram Holdings (NASDAQ: OGI) announces the launch of Edison RE:MIX dissolvable cannabis powder, enhancing its product offerings. This customizable cannabis powder can be quickly mixed into beverages, allowing users to create personalized cannabis experiences. The proprietary nano-emulsification technology ensures rapid absorption and improved stability, addressing consumer demand for discreet cannabis consumption. With the Canadian recreational cannabis beverage market projected to grow significantly, Edison RE:MIX aims to capture market share by meeting evolving consumer preferences.

Organigram Holdings (NASDAQ: OGI) has successfully completed an underwritten public offering of 37,375,000 Units, generating total gross proceeds of C$69,143,750. Each Unit comprises one common share and half of a common share purchase warrant, exercisable for three years at C$2.50 per share. The funds raised will be used to repay debt and for working capital. The offering included an over-allotment option of 4,875,000 Units, fully exercised by underwriters. Canaccord Genuity led the underwriting syndicate.

On November 10, 2020, Organigram Holdings (NASDAQ: OGI) announced a public offering of 32,500,000 units priced at C$1.85 each, totaling gross proceeds of C$60.125 million. Each unit consists of one common share and half a warrant, with each warrant exercisable at C$2.50 for three years. The offering is expected to close on November 12, 2020, subject to market conditions. Proceeds will be used for debt repayment and general corporate purposes. An additional 15% of units may be purchased by underwriters under certain conditions.

Organigram Holdings Inc. (NASDAQ: OGI) announces the launch of festive cannabis offerings: Trailblazer Kushmas Stix and Edison Bytes Gingerbread Truffles. Both products will be available in select provinces for holiday gifting. The Kushmas Stix features a blend of kush cultivars in a 0.5 g pre-roll format, while the Gingerbread Truffles contain 5 mg THC each, sold in packs of two. CEO Greg Engel highlights the company’s commitment to creativity and exceptional customer experiences with these seasonal products aimed at adult consumers.

Organigram Holdings (NASDAQ: OGI) announced CEO Greg Engel's appointment to the Board of Directors of the Canadian Chamber of Commerce. This recognition highlights the cannabis industry's growing significance to Canada's economy, generating jobs and fostering business advocacy. Engel will serve on the Member Relations & Services Committee, aiming to represent the cannabis sector's interests and contribute to broader Canadian business issues. The Canadian Chamber of Commerce has been a pivotal organization since 1925, advocating for public policies that support economic growth across the country.