Organigram Holdings Inc. OGI Archives

MondayDec 23, 2019 10:16 am

QualityStocksNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Ships First Wave of Vaporizer Offerings

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, today announced release of the first of its ‘Cannabis 2.0’ products, including Trailblazer Spark, Flicker and Glow 510-thread Torch vape cartridges. According to the update, shipments of the custom-designed cartridges were sent to Manitoba, Saskatchewan, Ontario, New Brunswick and Nova Scotia, starting December 17, from the Company’s Moncton production campus. “As a company, bringing the next-generation of cannabis products to market without delay was important to us. We are proud to support access to tested, quality derivative-based…

FridayDec 13, 2019 10:07 am

QualityStocksNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Receives Health Canada Approval for Licensing of 16 Additional Cultivation Rooms Under Cannabis Regulations

Organigram Holdings (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “company” or “Organigram”), a leading licensed producer of cannabis, today announced the company’s receipt of Health Canada’s approval for the licensing of 16 additional cultivation rooms under the Cannabis Regulations. According to the update, the expanded license was effective as of December 12, 2019, and the new cultivation rooms represent approximately 13,000 kg/yr1 of increased target cultivation capacity. “This is a dynamic time for Organigram and the industry as a whole. Cannabis 2.0 – the legalization of adult use recreational cannabis edibles, vape products, extracts and topicals…

MondayNov 25, 2019 10:10 am

QualityStocksNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Announces Q4 and 2019 Fiscal Year Results

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, today announced its results for the fourth quarter and fiscal year ended August 31, 2019 (“Q4” or “Q4 2019”). Among the highlights, Organigram reported a 547% growth in 2019 net revenue to $80.4 million from $12.4 million in 2018, and a 575% increase in 2019 gross margin, before fair value changes to biological assets and inventory, to $37.9 million or 47% of net revenue from $5.6 million or 45% of net revenue in 2018. “Our 2019 results reflected a successful year…

MondayNov 11, 2019 10:24 am

QualityStocksNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Honored with Top Product Award in High THC Bottled Oil Category at 2019 Canadian Cannabis Awards

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, today announced that the company was honored with the Top Product Award in the High THC Bottled Oil Category for its medical product, Rossignol, at the November 8 Canadian Cannabis Awards Gala in Toronto. The annual event honors outstanding people, products and companies in Canadian cannabis. Organigram was also recognized in eight additional categories, including Brand of the Year and Employer of the Year. “We are incredibly proud of our teams, whose dedication and commitment to creating thoughtful, innovative products and…

ThursdayOct 10, 2019 9:32 am

QualityStocksNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Honored with Excellence in Manufacturing Consortium Award

Organigram Holdings (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, today announced its recognition at the Excellence in Manufacturing Consortium (“EMC”) Awards of Excellence ceremony held on October 9 in Toronto. According to the update, Organigram was honored with an Outstanding Member Contribution Award for delivering exemplary support to the EMC over the course of its membership. Organigram Senior Vice President of Operational Services, Jeff Purcell, accepted the award, which recognizes organizations that demonstrate outstanding achievement in manufacturing. “Producing high-quality cannabis in a state-of-the-art indoor environment, Organigram operates in an interesting cross-section…

MondayOct 07, 2019 10:05 am

QualityStocksNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Representative Assumes Board Positions with Organizations Fostering International Cannabis Industry Growth

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, today announced that a representative of the company has assumed board positions with three international organizations committed to promote and foster global cannabis industry growth. According to the update, Organigram’s Vice President of Public Affairs and Stakeholder Relations (North America), Cameron Bishop, has assumed board seats on The American Trade Association for Cannabis and Hemp, The Policy Center for Public Health & Safety (both U.S.-based) and the European Alliance for Medical Cannabis, as well as a board chair position on the…

FridayOct 04, 2019 2:16 pm

QualityStocksNewsBreaks – Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) Advancing Toward Production Capacity Increase

Organigram Holdings (TSX: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, is advancing on its goal to increase its licensed production capacity to 76,000 kilograms per year. An article discussing the company reads, “Additional construction outlined in phase 4B of the company’s expansion plans is on schedule to be completed later this month. The company plans on submitting the licensing amendment for its remaining 16 phase 4B cultivation rooms this month as well. The perimeter of phase 5 of the company’s expansion, which will include an edibles and derivative product facility and more…

TuesdaySep 17, 2019 2:31 pm

QualityStocksNewsBreaks – Organigram Holdings Inc.’s (TSX: OGI) (NASDAQ: OGI) Noteworthy Corporate Governance, Financial Performance Drive Success

Organigram Holdings (TSX: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, was recently highlighted in an article by Bloomberg titled, ‘Organigram a Canadian Pot Rarity After Four Profitable Quarters’ (http://ibn.fm/paDcr). An article further discussing the company reads, “Along with the company’s impressive corporate governance comes its equally notable — and consistent — financial performance. This is likely due to its team’s adherence to fiscal discipline, something that can be difficult to find in this industry. Bloomberg noted that, with four quarters of profitability under its belt, Organigram Holdings is ‘an anomaly in the…

MondaySep 09, 2019 10:27 am

QualityStocksNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Receives Health Canada Approval to Bring Moncton Facility’s Annualized Licensed Capacity to 76,000 kg Target

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, today announced its receipt of Health Canada approval, effective September 6, 2019, for the licensing of 17 additional cultivation rooms under the Cannabis Regulations. According to the update, the new cultivation rooms represent an increased target production capacity of approximately 15,000 kg per year. These are the company’s first 17 rooms licensed within its Phase 4B expansion and now brings its Moncton facility’s annualized licensed capacity to a target of 76,000 kg. “Once again, we are pleased to receive licensing approval…

ThursdayAug 29, 2019 12:54 pm

QualityStocksNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Gains Media Attention Following Four Profitable Quarters

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, recently received coverage in a Bloomberg article discussing OGI’s financial results for the last four quarters (http://ibn.fm/BUMhB). An article further discussing the company reads, “Organigram’s Q3 and fiscal year-to-date results represent some of the strongest operating and financial metrics amongst Canadian licensed producers. With one of the lowest cultivation costs per gram and continued discipline on selling, general and administrative expenses, Organigram’s results place it in the top tier of the Canadian industry. . . . As per the Bloomberg article, Organigram’s…

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