OrganiGram Holdings Inc. (OGI)

NASDAQ: OGI · IEX Real-Time Price · USD
1.490
-0.050 (-3.25%)
At close: Jul 2, 2024, 4:00 PM
1.550
+0.060 (4.03%)
After-hours: Jul 2, 2024, 7:59 PM EDT
-3.25%
Market Cap 154.02M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 103.37M
EPS (ttm) -1.83
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 795,523
Open 1.540
Previous Close 1.540
Day's Range 1.480 - 1.550
52-Week Range 0.970 - 2.910
Beta 1.07
Analysts Strong Buy
Price Target 4.00 (+168.46%)
Earnings Date Jul 11, 2024

About OGI

Organigram Holdings Inc., through its subsidiaries, engages in the production and sale of cannabis and cannabis-derived products in Canada. It offers medical cannabis products, including whole flower, milled flower, pre-rolls, infused pre-rolls, vapes, gummies, and concentrates for medical retailers; adult use recreational cannabis under the SHRED, Holy Mountain, Big Bag O' Buds, Monjour, Trailblazer, SHRED'ems, Edison Cannabis Co., Edison JOLTS, Tremblant, and Laurentian brands. The company also engages in the wholesale shipping of cannabis pl... [Read more]

Sector Healthcare
Founded 2013
Employees 987
Stock Exchange NASDAQ
Ticker Symbol OGI
Full Company Profile

Financial Performance

In 2023, OGI's revenue was 161.64 million, an increase of 10.86% compared to the previous year's 145.81 million. Losses were -248.76 million, 1641.7% more than in 2022.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to one analyst, the rating for OGI stock is "Strong Buy" and the 12-month stock price forecast is $4.0.

Price Target
$4.0
(168.46% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Organigram Invests in Sanity Group, a Leading German Cannabis Company

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the "Company" or "Organigram"), a leading licensed producer of cannabis, is pleased to announce its first significant stra...

7 days ago - Business Wire

GETTRX™ Is Now Offering ACH Transactions on Its GETTRX One™ Platform

TORRANCE, Calif.--(BUSINESS WIRE)--GETTRX™ has announced that their newest platform, GETTRX One™, now gives users access to ACH transactions. This comes in addition to the existing capabilities for ac...

Other symbols: SNX
7 days ago - Business Wire

Organigram Signs Three Year Supply Agreement with Avida Medical in UK

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce its second international m...

5 weeks ago - Business Wire

Best Canadian Cannabis Stocks to Watch Right Now

As Memorial Day weekend approaches, investors are eyeing top Canadian marijuana stocks. These stocks have shown potential for significant growth. The global cannabis industry is expected to be worth o...

Other symbols: ACBCGC
6 weeks ago - MarijuanaStocks

Organigram Reports Second Quarter Fiscal 2024 Results

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, announced its results for the second quarter ende...

7 weeks ago - Business Wire

Top Marijuana Stocks For Cannabis Investing In May

This week marijuana stock investors continue to keep their outlook on the sector in a favorable place. The cannabis industry is always changing and being able to take advantage of any market shift bec...

Other symbols: TCNNF
7 weeks ago - MarijuanaStocks

Organigram to Report Second Quarter Fiscal 2024 Results on May 14, 2024

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (together, the “Company” or “Organigram”), a leading licensed producer of cannabis, a...

7 weeks ago - Business Wire

Organigram's Popular SHRED Brand Surpasses $200 Million in Yearly Retail Sales

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, celebrates a monumental achievement as its SHRED ...

3 months ago - Business Wire

Everything Golden for Nexsan on Eve of Silver Anniversary

SUNNYVALE, Calif.--(BUSINESS WIRE)--Nexsan®, the pioneer of highly reliable, cost-effective enterprise-class storage solutions, is celebrating 25 years of delivering storage solutions enterprises trus...

3 months ago - Business Wire

Organigram Successfully Closes Previously Announced Underwritten Public Offering

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI; NASDAQ: OGI) announces today the closing of its previously announced underwritten public offering of units...

3 months ago - Business Wire

Organigram Announces Pricing of Overnight Marketed Public Offering

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI; NASDAQ: OGI), announces today that, in connection with its previously announced overnight marketed public ...

3 months ago - Business Wire

Organigram Announces Launch of Overnight Marketed Public Offering

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI; NASDAQ: OGI), announces today an overnight marketed public offering of units of the Company (the “Units”) ...

3 months ago - Business Wire

Organigram Invests in U.S. Based Open Book Extracts Representing Inaugural Jupiter Investment

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”) is pleased to announce a US $2 million minority investment in Steady State LLC (d/b/a Open ...

3 months ago - Business Wire

The Marijuana Stocks Could See A Rise This Week

People who have been investing in marijuana stocks could soon a big change. Now this change is more from an industry standpoint which can in turn help how marijuana stocks trade. As most publicly trad...

Other symbols: CGCCRON
3 months ago - MarijuanaStocks

Organigram Receives Health Canada's Final Redetermination on Jolts

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI; NASDAQ: OGI), announced today that, despite strong evidence supporting its classification as an ingestible...

3 months ago - Business Wire

Top Marijuana Stocks For Trading Today 2024

More publicly traded cannabis companies are starting to report earnings. This alone has been another reason shareholders have seen a slight increase in trading momentum for marijuana stocks. Speculati...

Other symbols: ACB
4 months ago - MarijuanaStocks

2 Top Marijuana Penny Stocks with High Momentum Before March 2024

As March 2024 begins, marijuana stocks are catching the eyes of investors looking for potential growth opportunities. The cannabis industry in the U.S. has seen rapid expansion and evolution, driven b...

4 months ago - MarijuanaStocks

Organigram Applauds the Standing Committee on Finance's Recommendation on Excise Duty

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”) enthusiastically supports the Standing Committee on Finance's recent recommendation on the ...

4 months ago - Business Wire

Organigram Reports First Quarter Fiscal 2024 Results

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, announced its results for the first quarter ended...

5 months ago - Business Wire

Leading Canadian Cannabis Stock Powers Through with Strong Weekly Momentum

In February 2024, top Canadian cannabis stocks showed mixed performance amid evolving market dynamics. Companies like Canopy Growth, Aurora Cannabis, and Tilray Brands remained focal points for invest...

Other symbols: ACB
5 months ago - MarijuanaStocks

Organigram to Report First Quarter Fiscal 2024 Results on February 13, 2024

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (together, the “Company” or “Organigram”), a leading licensed producer of cannabis, a...

5 months ago - Business Wire

Organigram Completes First Shipment to Germany, Extending its International Reach

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis today announced that it has sent its first shipmen...

5 months ago - Business Wire

Organigram Announces the First Tranche Closing from BAT Investment

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, announced today that it has closed the first of t...

5 months ago - Business Wire

Organigram Announces Appointment of Karina Gehring to Board of Directors

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI) (NASDAQ: OGI), announced the appointment of Karina Gehring to the Organigram Board of Directors at the Com...

5 months ago - Business Wire

Organigram Announces Results of Annual and Special Meeting, including Shareholder Approval of C$124.6 Million Investment from BAT

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI) (NASDAQ: OGI) announced today the results of voting at its annual general and special meeting of sharehold...

5 months ago - Business Wire