OGI
Organigram HoldingsOGI
OGI
About: OrganiGram Holdings Inc is engaged in producing indoor-grown cannabis for patients and adult recreational consumers in Canada. The company has also developed a portfolio of adult-use recreational cannabis brands including Edison, Big Bag o' Buds, SHRED, Monjour, Holy Mountain, and Trailblazer. Tremblant Cannabis, and artisanal craft brand, Laurentian are recent additions to Organigram's existing brand portfolio.
Employees: 914
0
Funds holding %
of 6,780 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
501% more call options, than puts
Call options by funds: $721K | Put options by funds: $120K
47% more capital invested
Capital invested by funds: $8.95M [Q2] → $13.1M (+$4.19M) [Q3]
1.09% more ownership
Funds ownership: 5.61% [Q2] → 6.7% (+1.09%) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
12% less funds holding
Funds holding: 78 [Q2] → 69 (-9) [Q3]
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
Research analyst outlook
We haven’t received any recent analyst ratings for OGI.
Financial journalist opinion
Based on 3 articles about OGI published over the past 30 days
Positive
Seeking Alpha
2 days ago
Organigram Could Soar In 2026
Organigram's stock is undervalued, trading at a 22% discount to tangible book value, with strong growth projections and a solid financial outlook. The company has a high cash balance and no debt, bolstered by additional investment from British American Tobacco. Analysts expect revenue and adjusted EBITDA to grow significantly in FY25 and FY26, making the stock a compelling buy.
Neutral
Market Watch
4 days ago
Hemp-based THC revenue may make cannabis stocks more appealing—but there are risks
With cannabis stocks showing steep losses this year on stalled legalization on the U.S. federal level, some companies in the sector are turning to the more thinly-regulated business of THC derived from hemp as a way to potentially excite Wall Street with new revenue streams.
Neutral
Business Wire
1 week ago
Organigram Launches FAST™ Nanoemulsion Gummies
TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, is thrilled to finally launch Edison Sonics gummies, Organigram's inaugural product powered by FAST™, the Company's groundbreaking nanoemulsion technology and a first-to-market innovation. FAST™ products deliver up to ~50% faster onset and improved bioavailability delivering nearly double the cannabinoids at peak effect compared to traditional ed.
Positive
Seeking Alpha
2 months ago
Organigram: Why I Still Like It
Organigram's stock has surged 22% since my last analysis, outperforming the cannabis market, yet it remains a buy due to its promising chart and valuation. The fiscal Q3 report exceeded expectations with revenue up 25% and adjusted EBITDA turning positive, highlighting significant financial improvement and strong cash reserves. Analysts have raised their projections for FY25 and FY26, expecting higher revenue and adjusted EBITDA, reinforcing the stock's attractive valuation and growth potential.
Positive
MarijuanaStocks
2 months ago
3 Marijuana Stocks To Watch In The Stock Market Today
Many legal cannabis operators are working to keep pushing the boundaries of the industry. Innovation is key for any growing sector and cannabis is no different. Right now is a pivotal time for the cannabis industry as things are continuously changing. The climate of the sector and the success of companies can have a direct connection to how most marijuana stocks perform, especially during an election year where promises may come along from presidential candidates to better the industry.
Neutral
Business Wire
3 months ago
CPS HR Consulting Partners with GovInvest to Revolutionize Compensation Consulting with Advanced Technology
SACRAMENTO, Calif.--(BUSINESS WIRE)--CPS HR Consulting, a leader in public sector HR consulting, is thrilled to announce a strategic partnership with GovInvest, the pioneer of compensation analytics technology for government agencies. This collaboration aims to combine CPS HR's renowned compensation consulting expertise with GovInvest's innovative software platform, offering unparalleled data confidence and decision-making capabilities. Highlights of the Partnership Best-in-Class Consulting + T.
Neutral
Business Wire
3 months ago
Organigram Closes Second Tranche of Previously Announced BAT Private Placement Investment
TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, announced today that on August 30, 2024, the Company closed the second of three tranches (the “Second Tranche”) of the previously announced C$124,559,674 follow-on strategic equity investment (the “Investment”) by BT DE Investments Inc. (the “Investor”), a wholly owned subsidiary of British American Tobacco plc (“BAT”). Pursuant to the Second Tra.
Positive
MarijuanaStocks
3 months ago
Top Canadian Marijuana Stocks To Watch In 2024
When it comes to finding top marijuana stocks to buy which companies would you choose? Now when going through this process there are some things to consider. For the most part, investing in all things is based on the same basic outline which is buy low sell high do your research create a game plan be patient, and try to take profits when you can.
Positive
MarijuanaStocks
3 months ago
Next Week's Top Marijuana Stocks: Recent Big Gainers to Watch
The cannabis industry is buzzing with recent developments that could significantly impact its future. In July 2024, the U.S. Senate reintroduced the SAFE Banking Act to provide cannabis businesses with greater access to banking services. This move has reignited optimism in the sector, as it could alleviate some of the financial constraints faced by cannabis companies. Additionally, several states, including Florida and Ohio, are pushing forward with ballot initiatives that could legalize recreational marijuana by the end of the year. These legislative efforts, combined with the growing momentum for federal legalization, are fueling investor interest in marijuana penny stocks.
Positive
Seeking Alpha
3 months ago
Organigram: Q3 2024 Earnings Show Improvement In Revenues And Net Income (Hold)
Organigram reported improved 3Q 2024 results. The company holds lead position in the Canadian cannabis market and is increasing its international cannabis exports. OGI stock price trades below its NAV per share and is undervalued.
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