OrganiGram Holdings Inc. (OGI)

NASDAQ: OGI · IEX Real-Time Price · USD
1.830
-0.050 (-2.66%)
At close: Apr 17, 2024, 4:00 PM
1.870
+0.040 (2.19%)
After-hours: Apr 17, 2024, 7:54 PM EDT
-2.66%
Market Cap 172.20M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 94.10M
EPS (ttm) -1.83
PE Ratio n/a
Forward PE 28.99
Dividend n/a
Ex-Dividend Date n/a
Volume 1,427,407
Open 1.910
Previous Close 1.880
Day's Range 1.780 - 1.910
52-Week Range 0.970 - 2.910
Beta 1.10
Analysts Strong Buy
Price Target 4.00 (+118.58%)
Earnings Date Apr 30, 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 984
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
(118.58% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 ...

14 days 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...

15 days 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...

15 days 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 ...

21 days 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”) ...

22 days 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 ...

22 days ago - Business Wire

The Marijuana Stocks Could See A Rise This Week

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24 days 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...

26 days ago - Business Wire

Top Marijuana Stocks For Trading Today 2024

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6 weeks 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 ...

7 weeks 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...

2 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
2 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...

2 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...

2 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...

3 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...

3 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...

3 months ago - Business Wire

Organigram Announces Mailing of Management Information Circular in Connection with Annual General and Special Meeting

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 mailed and filed a ma...

3 months ago - Business Wire

Organigram Reports Fiscal 2023 Results1

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 fourth quarter and ...

4 months ago - Business Wire

Organigram Announces Appointment of Greg Guyatt as Chief Financial Officer

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI) (NASDAQ: OGI) is pleased to announce that Greg Guyatt CPA, CA, formerly of Phoena Holdings Inc. (“Phoena”)...

4 months ago - Business Wire

Organigram to Report Fourth Quarter and Fiscal 2023 Results on December 19, 2023

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...

4 months ago - Business Wire

Organigram Wins KIND Magazine's Innovation of the Year for SHRED X Rip-Strips Hash

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

4 months ago - Business Wire

3 Canadian Marijuana Stocks To Watch Today

Are marijuana stock investors using volatility to their advantage? As most know the cannabis sector is a place where most of the pot stocks trade with inconsistent patterns. Now to elaborate most comp...

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4 months ago - MarijuanaStocks

Organigram Increases Investment in Phylos After Successful Milestone Achievement

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the "Company" or "Organigram"), a leading licensed producer of cannabis, announced today that Phylos Bioscience Inc. (“Phy...

5 months ago - Business Wire