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ORGANIGRAM HOLD

1.10

-0.0100-0.90%

Post-market: 1.09-0.0091-0.83%19:48 EDT

Volume:240.43K

Turnover:264.70K

Market Cap:147.16M

PE:-3.11

High:1.12

Open:1.11

Low:1.09

Close:1.11

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Overview Company News Filings

OrganiGram: Fiscal Q4 Earnings Snapshot

Associated Press Finance

Canada's Organigram shops for U.S. pot businesses with backing from British American Tobacco

U.S.-Listed Shares of OrganiGram Holdings up 9.3% Premarket After Q4 REV Beat

THOMSON REUTERS

OrganiGram Holdings 4Q Profit, Revenue Rise

Organigram Acquires Motif Labs, Becomes Canada’s Largest Cannabis Company

OrganiGram Holdings Q4 FY24 Sales C$44.70M Beat C$42.98M Estimate, Net Loss Of C$5.4M Vs. C$26.59M YoY

Press Release: Organigram Reports Fourth Quarter and Fiscal 2024 Results

LightPath Technologies Issues Shareholder Letter and Provides Corporate Update

Calendar of U.S. Earnings Expected in the Week Ahead

Press Release: Organigram to Report Fourth Quarter and Fiscal 2024 Results on December 18, 2024

Organigram price target lowered to C$3.15 from C$3.60 at Canaccord

Weekly Roundup on the Cannabis Sector & Psychedelic Sector

Market Exclusive

Organigram Acquires Motif Labs

MT Newswires Live

OrganiGram Holdings Acquires Motif Labs for C$90M in Cash and Stock

Organigram Holdings trading resumes

Organigram Up 2% In US Premarket As Buys Motif; Says To Become Canada's "Largest Cannabis Company by Market Share"

Organigram Acquires Motif, Becoming Canada’s Largest Cannabis Company by Market Share

Organigram Holdings trading halted, news pending

Hemp-based THC revenue may make cannabis stocks more appealing-but there are risks

Organigram Launches FAST™ Nanoemulsion Gummies

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Revenue was reported as $117.5 million.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/organigram-fiscal-q4-earnings-snapshot-142533373.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["OGI"],"gpt_icon":0},{"id":"2492018503","title":"Canada's Organigram shops for U.S. pot businesses with backing from British American Tobacco","url":"https://stock-news.laohu8.com/highlight/detail?id=2492018503","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492018503?lang=en_us&edition=fundamental","pubTime":"2024-12-18 21:43","pubTimestamp":1734529380,"startTime":"0","endTime":"0","summary":"Legal cannabis company grows revenue and narrows its loss as it continues its acquisition push. Canadian cannabis company Organigram Holdings Inc. said Wednesday it plans to continue shopping for U.S. pot businesses with backing from British American Tobacco as it posted a narrower loss and a 22% jump in revenue on Wednesday.Organigram's stock  was up by nearly 10% in premarket trading on Wednesday.The company drew in C$124.6 million  from British American Tobacco  a year ago and has created an investment pool called Jupiter to grow its footprint outside of Canada through acquisitions.Organigram had already invested in Phylos Bioscience Inc., a U.S.-based specialist in seed technology.But it's still on the hunt for more deals.\"Organigram is exploring additional U.S. and international investment  opportunities that align with the company's strategy to establish itself as a global leader and enhance profitability,\" the company said.Organigram's move to buy more businesses comes after it ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["TLRY","BK4117","OGI","AFG","BK4588","BK4007","BK4547","BK4075","CGC","BK4585","BK4596","BTI","BK4107","BK4557"],"gpt_icon":0},{"id":"2492183084","title":"U.S.-Listed Shares of OrganiGram Holdings up 9.3% Premarket After Q4 REV Beat","url":"https://stock-news.laohu8.com/highlight/detail?id=2492183084","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492183084?lang=en_us&edition=fundamental","pubTime":"2024-12-18 21:23","pubTimestamp":1734528189,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241218:nL4N3NJ0YN:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["OGI","BK4007","BK4557"],"gpt_icon":0},{"id":"2492040699","title":"OrganiGram Holdings 4Q Profit, Revenue Rise","url":"https://stock-news.laohu8.com/highlight/detail?id=2492040699","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492040699?lang=en_us&edition=fundamental","pubTime":"2024-12-18 19:50","pubTimestamp":1734522600,"startTime":"0","endTime":"0","summary":"OrganiGram Holdings on Wednesday reported a narrowed loss and revenue that came in better than expected in its fiscal fourth quarter thanks to efficiencies and higher recreational cannabis sales.For the three months ended Sept. 30, the Canadian licenses cannabis producer posted a narrowed net loss of 5.4 million Canadian dollars , compared with a loss of C$26.6 million, in the comparable quarter a year ago.OrganiGram credits the narrowed loss to higher adjusted gross margins and lower impairment losses in the current quarter.Net revenue increased 22% to C$44.7 million.  Analysts on FactSet were expecting a rise to C$44 million.Chief Financial Officer Greg Guyatt said: \"Efficiency improvements in our operations supported our strong adjusted gross margin in the quarter. Our operational improvements, combined with our recent acquisition of Motif, has laid the foundation for continued growth in fiscal 2025.\"","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OGI"],"gpt_icon":0},{"id":"2492133861","title":"Organigram Acquires Motif Labs, Becomes Canada’s Largest Cannabis Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2492133861","media":"TipRanks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492133861?lang=en_us&edition=fundamental","pubTime":"2024-12-18 19:27","pubTimestamp":1734521241,"startTime":"0","endTime":"0","summary":"Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks. Organigram Holdings Inc. announced the acquisition of Motif Labs Ltd., establishing itself as Canada’s largest cannabis company by market share. This strategic acquisition enhances Organigram’s position in the Canadian recreational cannabis market, particularly in the vape and infused pre-roll segments, and supports its vision to expand globally. The acquisition is expected to generate significant cost synergies and improve market reach, driven by a combined portfolio of strong brands and advanced manufacturing capabilities.Organigram Holdings Inc. is a leading licensed producer in Canada’s cannabis industry, focusing on consumer-focused innovation, cultivation, product development, extraction, and manufacturing. The company is known for its strong brand portfolio, including the popular SHRED brand, and aims to be a leader in","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/.2OcvspZzvCzzeMPm.N5LA--~B/aD0xOTI7dz0xOTI7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/tipranks_452/373719bd4f9106065622fdb013c92607","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/.2OcvspZzvCzzeMPm.N5LA--~B/aD0xOTI7dz0xOTI7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/tipranks_452/373719bd4f9106065622fdb013c92607"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/organigram-acquires-motif-labs-becomes-112721340.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/organigram-acquires-motif-labs-becomes-112721340.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4007","OGI","BK4557"],"gpt_icon":0},{"id":"2492410909","title":"OrganiGram Holdings Q4 FY24 Sales C$44.70M Beat C$42.98M Estimate, Net Loss Of C$5.4M Vs. C$26.59M YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=2492410909","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492410909?lang=en_us&edition=fundamental","pubTime":"2024-12-18 19:05","pubTimestamp":1734519922,"startTime":"0","endTime":"0","summary":"OrganiGram Holdings (NASDAQ:OGI) reported quarterly sales of $44.70 million which beat the analyst consensus estimate of $42.98 million by 3.99 percent.  This is a 21.80 percent increase over sales of $36.70 million the","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/24/12/42548830/organigram-holdings-q4-fy24-sales-c-44-70m-beat-c-42-98m-estimate-net-loss-of-c-5-4m-vs-c-26-59m-yo","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"OrganiGram Holdings Q4 FY24 Sales C$44.70M Beat C$42.98M Estimate, Net Loss Of C$5.4M Vs. C$26.59M YoY","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OGI"],"gpt_icon":0},{"id":"2492590996","title":"Press Release: Organigram Reports Fourth Quarter and Fiscal 2024 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2492590996","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492590996?lang=en_us&edition=fundamental","pubTime":"2024-12-18 19:00","pubTimestamp":1734519600,"startTime":"0","endTime":"0","summary":"Q4 Fiscal 2024 adjusted EBITDA2 of $5.9 million or 13% of net revenue. Q4 Fiscal 2024 cash flow from operations of $8.9 million. Became Canada's largest cannabis company by market share following the. Comparable Periods: The Company's results for Q4 Fiscal 2024 and Fiscal 2024 reflect the three-month and 12-month periods ended September 30, 2024. The Company's change in year-end effected in fiscal year 2023  resulted in its reporting periods of for the fourth quarter of 2023 and Fiscal 2023 having 4 months and 13 months, respectively. For comparative purposes and to more accurately reflect period-over-period performance, the Company's financial results and period-over-period comparisons are presented in this news release for the unaudited and unreviewed three-month period ended September 30, 2023 , and the unaudited and unreviewed 12-month period ended September 30, 2023 , unless otherwise indicated.Q4 Fiscal 2024 net revenue increased 10% compared to Q3 Fiscal 2024 and. Achieved adjus","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4007","OGI","BK4557"],"gpt_icon":0},{"id":"2492960870","title":"LightPath Technologies Issues Shareholder Letter and Provides Corporate Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2492960870","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492960870?lang=en_us&edition=fundamental","pubTime":"2024-12-17 21:31","pubTimestamp":1734442260,"startTime":"0","endTime":"0","summary":"ORLANDO, Fla., Dec. 17, 2024 /PRNewswire/ --LightPath Technologies, Inc.  , a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today issued a letter to shareholders from its President and Chief Executive Officer, Sam Rubin.Over the last few years we have invested heavily in the technology and manufacturing of our BlackDiamond glass, as an alternative to Germanium. Starting from our classic BD6 glass, and through the compositions we have the exclusive license from NRL for, we have, and continue to, develop a portfolio of materials that not only provide an alternative to Germanium, but actually outperform Germanium in some of the most critical aspects such as  temperature sensitivity and ease of use in manufacturing. 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Class B                                2Q       .64   4:15 PM","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BIRK","LU0949170772.SGD","SG9999014880.SGD","BK4191","LU0738911758.USD","MU","WOR","CMP","ABM","CTAS","LU2211815571.USD","REE","LU1878469433.USD","LW","PAYX","FCEL","TTC","NEOG","CUK","SG9999014914.USD","BK4096","MAMA","MITK","MLKN","HEI.A","FDX","FDS","CAG","SCS","GIS","WGO","KMX","HEI","CALM","LEN.B","NKE","OGI","OTLK","BK4145","QIPT","LU2095319765.USD","BK4023","ACN","DRI","BK4106","LEN","IE0002270589.USD","JBL"],"gpt_icon":1},{"id":"2490299830","title":"Press Release: Organigram to Report Fourth Quarter and Fiscal 2024 Results on December 18, 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2490299830","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490299830?lang=en_us&edition=fundamental","pubTime":"2024-12-11 19:29","pubTimestamp":1733916540,"startTime":"0","endTime":"0","summary":"Organigram Holdings Inc.  , the parent company of Organigram Inc. , a leading licensed producer of cannabis, announced today it will report earnings results for its fourth quarter and fiscal 2024 ended September 30, 2024, on Wednesday, December 18, 2024, prior to market open.The Company will host a conference call to discuss its results with details as follows:. To register for the conference call, please use this link:. To ensure you are connected for the full call, we suggest registering a day in advance or at minimum 10 minutes before the start of the call. After registering, a confirmation will be sent through email, including dial in details and unique conference call codes for entry. Registration is open through the live call.This news release contains forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as \"plans\", \"expec","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4007","OGI","BK4557"],"gpt_icon":0},{"id":"2490277130","title":"Organigram price target lowered to C$3.15 from C$3.60 at Canaccord","url":"https://stock-news.laohu8.com/highlight/detail?id=2490277130","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490277130?lang=en_us&edition=fundamental","pubTime":"2024-12-09 23:30","pubTimestamp":1733758216,"startTime":"0","endTime":"0","summary":"Canaccord lowered the firm’s price target on Organigram (OGI) to C$3.15 from C$3.60 and keeps a Speculative Buy rating on the shares following the ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/organigram-price-target-lowered-to-c3-15-from-c3-60-at-canaccord?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/organigram-price-target-lowered-to-c3-15-from-c3-60-at-canaccord?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4557","BK4007","OGI"],"gpt_icon":0},{"id":"2490877489","title":"Weekly Roundup on the Cannabis Sector & Psychedelic Sector","url":"https://stock-news.laohu8.com/highlight/detail?id=2490877489","media":"Market Exclusive","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490877489?lang=en_us&edition=fundamental","pubTime":"2024-12-09 23:06","pubTimestamp":1733756806,"startTime":"0","endTime":"0","summary":"Organigram acquired Motif Labs in a transformational move that will make the company Canada’s new cannabis leader. Safe Harbor Financial leads the charge in sustainable cannabis financing with $500K loan. Rubicon Organics secured CA$10 million in credit to strengthen its financial position. Glass House Brands is seeking $25 million for expansion via stock market. Motif’s expertise in manufacturing and innovation, including advanced extraction techniques like CO2 and hydrocarbon processes; as a result, it’s expected that this acquisition will enhance Organigram’s ability to produce high-quality products at scale. The deal also includes the addition of Motif’s new distribution hub in London, Ontario, which will streamline logistics and reduce costs.This acquisition is expected to yield over CAD $10 million in cost synergies within the next two years, driven by operational efficiencies and vertical integration. It will also positi","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/weekly-roundup-cannabis-sector-psychedelic-150646713.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CCEF","AUD","MRC","BK4125","BK4075","BK4164","SHFSW","GLASF","SHFS","BK4104","LU0426417589.USD","LU2238339852.HKD","TRUFF","BK4557","LU0994945656.USD","LU0426412945.USD","CROP","OGI","BK4183","LU1043141123.HKD","BK4007","LU0345774631.USD","ROMJF"],"gpt_icon":0},{"id":"2489358252","title":"Organigram Acquires Motif Labs","url":"https://stock-news.laohu8.com/highlight/detail?id=2489358252","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489358252?lang=en_us&edition=fundamental","pubTime":"2024-12-06 23:00","pubTimestamp":1733497202,"startTime":"0","endTime":"0","summary":"Organigram Holdings  said Friday that it has acquired Motif Labs for upfront consideration of 90 million Canadian dollars , comprising CA$50 million in cash and CA$40 million of Organigram common shares.Motif shareholders will also be entitled to get additional contingent consideration of CA$10 million payable in Organigram shares, subject to certain conditions, Organigram said.The acquisition of Motif makes Organigram the largest cannabis company in Canada by market share, Organigram's chief executive officer, Beena Goldenberg, said.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4007","OGI","BK4557"],"gpt_icon":0},{"id":"2489239111","title":"OrganiGram Holdings Acquires Motif Labs for C$90M in Cash and Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2489239111","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489239111?lang=en_us&edition=fundamental","pubTime":"2024-12-06 22:51","pubTimestamp":1733496660,"startTime":"0","endTime":"0","summary":"OrganiGram Holdings said it has acquired cannabis brand Motif Labs for 90 million Canadian dollars , expanding its footprint in the Canadian cannabis market.The Canadian cannabis producer said Friday the acquisition of Motif is complementary to its business, especially in the vape category while also accelerating the company's market share in the infused pre-roll segment.OrganiGram said the combination creates a company with a top market share position in the Canadian recreational cannabis market.It will pay a combination of C$50 million in cash and C$40 million in common shares at C$2.3210 apiece.Motif shareholders also will be entitled to receive an extra C$10 million in shares conditional on OrganiGram achieving a price per share exceeding C$3.2203 each.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"OrganiGram Holdings Acquires Motif Labs for C$90M in Cash and Stock","news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OGI","BK4007","BK4557"],"gpt_icon":0},{"id":"2489231506","title":"Organigram Holdings trading resumes","url":"https://stock-news.laohu8.com/highlight/detail?id=2489231506","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489231506?lang=en_us&edition=fundamental","pubTime":"2024-12-06 22:50","pubTimestamp":1733496610,"startTime":"0","endTime":"0","summary":"09:50 EST Organigram (OGI) Holdings trading resumes Published first on TheFly – the ultimate source for real-time, market-moving breaking financial...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/organigram-holdings-trading-resumes?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/organigram-holdings-trading-resumes?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["OGI","BK4557","BK4007"],"gpt_icon":0},{"id":"2489232020","title":"Organigram Up 2% In US Premarket As Buys Motif; Says To Become Canada's \"Largest Cannabis Company by Market Share\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2489232020","media":"MT Newswires","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489232020?lang=en_us&edition=fundamental","pubTime":"2024-12-06 22:28","pubTimestamp":1733495286,"startTime":"0","endTime":"0","summary":"Organigram Holdings Inc. , a licensed producer of cannabis, was up 2% in US premarket trade on Friday as it announced the acquisition of 100% of the issued and outstanding shares of Motif Labs Ltd., for upfront consideration of $90 million, consisting of $50 million in cash and $40 million of Organigram common shares priced based on the 30 day trading VWAP of $2.3210 on the Toronto Stock Exchange.In addition, Motif shareholders will be entitled to receive additional contingent consideration of $10 million payable in Organigram common shares, conditional on Organigram achieving a price per share exceeding $3.2203 per share, based on the rolling 30-trading day VWAP on the TSX, within 12 months of the date of the transaction. The Contingent Consideration shall be priced at of $3.22031 per share.According to Organigram, the combination results in #1 market share position in the Canadian recreational cannabis market and \"catapults it\" into the #1 position in the vape category, while acceler","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/organigram-2-us-premarket-buys-142806965.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4557","BK4007","OGI"],"gpt_icon":0},{"id":"2489232025","title":"Organigram Acquires Motif, Becoming Canada’s Largest Cannabis Company by Market Share","url":"https://stock-news.laohu8.com/highlight/detail?id=2489232025","media":"Business Wire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489232025?lang=en_us&edition=fundamental","pubTime":"2024-12-06 22:17","pubTimestamp":1733494620,"startTime":"0","endTime":"0","summary":"Transformational Acquisition Results in Cannabis Pure Play Leader, Coast-to-Coast Geographic Strength and Proven Excellence in Consumer-Focused Innovation, Cultivation, Product Development, Extraction and Manufacturing. Combination results in #1 market share position in the Canadian recreational cannabis market1. Catapults Organigram into the #1 position in the vape category and accelerates the Company’s market share in the fast-growing infused pre-roll segment1. Strong brand portfolio now anchored by Organigram’s \"SHRED\" and Motif’s \"BOXHOT\" - two of Canada’s beloved cannabis brands. Organigram gains strategically located distribution hub in Southwestern Ontario enabling numerous logistics optimization opportunities. Motif is a Canadian leader in the vape and infused pre-roll  categories backed by a portfolio of strong, owned brands, including the popular BOXHOT brand. Motif's business also includes a wholesale division and end-to-end services for external brands. Motif has repeatedly","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/vid_WSlGQUcv6pHV1UmafQ--~B/aD00MzQ7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/f491d60e0c21c7322da5a419a4c763bc","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/vid_WSlGQUcv6pHV1UmafQ--~B/aD00MzQ7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/f491d60e0c21c7322da5a419a4c763bc"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/organigram-acquires-motif-becoming-canada-141700719.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4557","BK4007","OGI"],"gpt_icon":0},{"id":"2489235290","title":"Organigram Holdings trading halted, news pending","url":"https://stock-news.laohu8.com/highlight/detail?id=2489235290","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489235290?lang=en_us&edition=fundamental","pubTime":"2024-12-06 22:13","pubTimestamp":1733494412,"startTime":"0","endTime":"0","summary":"09:10 EST Organigram (OGI) Holdings trading halted, news pending Published first on TheFly – the ultimate source for real-time, market-moving break...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/organigram-holdings-trading-halted-news-pending?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/organigram-holdings-trading-halted-news-pending?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4007","OGI","BK4557"],"gpt_icon":0},{"id":"2487007568","title":"Hemp-based THC revenue may make cannabis stocks more appealing-but there are risks","url":"https://stock-news.laohu8.com/highlight/detail?id=2487007568","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2487007568?lang=en_us&edition=fundamental","pubTime":"2024-11-29 23:05","pubTimestamp":1732892700,"startTime":"0","endTime":"0","summary":"Some pot pros see it as a threat, others a potential $14 billion opportunity for a product that investors have been mostly avoiding. 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.Publicly traded cannabis companies such as Green Thumb Industries , Tilray Brands Inc. , Curaleaf Holdings  and Canopy Growth Corp.  have been introducing products with hemp -derived THC, which is the psychoactive part of marijuana that creates a high.Green Thumb Industries' stock is down about 16% so far this year, while Curaleaf's stock has lost about half its value. Canopy Growths stock has declined about 24% and Tilray has fallen more than 40%.The moves by these companies into hemp-based THC from hemp have caught the attention of Alliance Global Partners analyst Aaron Grey, who has","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["THC","TLRY","OGI","CGC"],"gpt_icon":0},{"id":"2486794470","title":"Organigram Launches FAST™ Nanoemulsion Gummies","url":"https://stock-news.laohu8.com/highlight/detail?id=2486794470","media":"Business Wire","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486794470?lang=en_us&edition=fundamental","pubTime":"2024-11-26 19:00","pubTimestamp":1732618800,"startTime":"0","endTime":"0","summary":"Company Continues to Lead in Innovation with Launch of Edison Sonics Gummies Featuring Groundbreaking FAST Nanoemulsion Technology. Clinically Proven to Deliver up to ~50% Faster Onset, Improved Bioavailability and Nearly Double the Cannabinoid Delivery at Peak Effect. TORONTO, November 26, 2024----Organigram Holdings Inc.  , , 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 edible products. This is made possible as FAST is an advanced nanoemulsion technology delivery system that breaks down cannabinoids into tiny particles, allowing them to be absorbed more quickly and efficiently during consumption. 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