OrganiGram Holdings Inc. (OGI)

NASDAQ: OGI · IEX Real-Time Price · USD
1.31
-0.10 (-7.09%)
At close: Dec 29, 2023, 4:00 PM
1.30
-0.01 (-0.69%)
After-hours: Dec 29, 2023, 7:48 PM EST
-7.09%
Market Cap 106.32M
Revenue (ttm) 119.73M
Net Income (ttm) -184.27M
Shares Out 81.16M
EPS (ttm) -2.31
PE Ratio n/a
Forward PE 28.99
Dividend n/a
Ex-Dividend Date n/a
Volume 1,137,958
Open 1.42
Previous Close 1.41
Day's Range 1.28 - 1.45
52-Week Range 0.97 - 4.12
Beta 1.48
Analysts Strong Buy
Price Target 4.00 (+205.34%)
Earnings Date Jan 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 923
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
(205.34% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

2 days 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 ...

12 days 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”)...

13 days 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...

17 days 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...

18 days ago - Business Wire

3 Canadian Marijuana Stocks To Watch Today

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19 days 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...

4 weeks ago - Business Wire

Thanksgiving Watchlist: Leading Canadian Cannabis Stocks

As Thanksgiving week approaches, attention turns to top Canadian marijuana stocks. The global cannabis industry is experiencing remarkable growth. Canada, a leader in cannabis production and legalizat...

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5 weeks ago - MarijuanaStocks

General Assembly Enters into Letter of Intent with CanPR Technology Inc. for Reverse Takeover and Change of Business Transaction

Toronto, Ontario--(Newsfile Corp. - November 22, 2023) - General Assembly Holdings Limited (TSXV: GA) (the "Company" or "GA Pizza"), a Toronto based pizza business, is pleased to announce that it has ...

5 weeks ago - Newsfile Corp

Canadian cannabis company OrganiGram searching for new CFO

Organigram Holdings Inc. OGI, -9.38% OGI, -8.52% said Friday it is launching a search for a new finance chief due to the departure of Derrick West in the job. West told the company he needs to take ti...

7 weeks ago - Market Watch

Organigram Announces Interim Chief Financial Officer

TORONTO--(BUSINESS WIRE)--The Board of Directors (the “Board”) of Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI) (NASDAQ: OGI) today announced that Derrick West has informed Organ...

7 weeks ago - Business Wire

Organigram's stock soars premarket as it receives C$124.6 million investment from BAT

The stock of Canadian cannabis company Organigram Holdings Inc. OGI, +4.50% soared 10% premarket Monday, after the company said it is getting a C$124.6 million ($91.3 million) investment from British ...

7 weeks ago - Market Watch

Organigram Announces C$124.6 Million Investment from BAT and Creation of “Jupiter” Strategic Investment Pool

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce a C$124.6 million follow-o...

Other symbols: BTI
7 weeks ago - Business Wire

Marijuana Stock Alerts: 3 Canadian Cannabis Companies To Watch Today

The cannabis industry has continued to flourish even with all the happening in the sector. Just in the U.S. alone, there are over 30 legal states all generating close to or over a billion dollars in r...

Other symbols: ACBCRON
2 months ago - MarijuanaStocks

Organigram Provides Corporate Update

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to provide a corporate update. Market ...

2 months ago - Business Wire

Q4 Potential: Best Canadian Marijuana Stocks for Mid-October

As we enter the fourth quarter of 2023, investors looking for possibilities in the rapidly growing global cannabis market continue to focus on Canadian marijuana stocks. The cannabis sector has expand...

Other symbols: ACBCRON
2 months ago - MarijuanaStocks

Organigram Holdings Inc. Files Final Base Shelf Prospectus

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licenced producer of cannabis, announced today that it has obtained a receipt fo...

2 months ago - Business Wire

3 Marijuana Stocks To Buy In October 2023

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3 months ago - MarijuanaStocks

Organigram Holdings Inc. Files Preliminary Base Shelf Prospectus

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licenced producer of cannabis, announced today that it has filed a preliminary s...

3 months ago - Business Wire

Best Cannabis & Marijuana Stocks For Q3 2023

Marijuana stock investors are keeping focused on the future of the cannabis industry. Right now even with an increase in volatile trading, the industry is still progressing. There are more states and ...

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3 months ago - MarijuanaStocks

Organigram Announces Resignation of Board Member

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, announces today that Ms. Caroline Ferland has res...

4 months ago - Business Wire

Pot firms gain as US move to ease curbs boosts sentiment

Shares of marijuana companies climbed as much as 14% in morning trading on Thursday after the Department of Health and Human Services recommended its reclassification as a lower-risk substance followi...

4 months ago - Reuters

Organigram Launches First Range of THCV Products Derived from Moncton-Grown Whole Flower

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to launch its first range of whole-flo...

4 months ago - Business Wire

Organigram Relaunches one of Canada's First Cannabis Brands, Trailblazer

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

4 months ago - Business Wire

Mid-August 2023 Watchlist: Promising Canadian Cannabis Penny Stocks for Traders

As Canada's cannabis sector grows, knowledgeable investors look for chances in marijuana penny stocks in 2023. These lower-priced stocks have the potential for quick gains, making them tempting to day...

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4 months ago - MarijuanaStocks