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Cannabis Stocks Rally: Canopy, Aurora, SNDL, OrganiGram And Others See Gains
Friday, October 25, 2024 - 1:36pm | 1120Cannabis stocks are showing signs of recovery, with several major players gaining momentum on Friday. NASDAQ-listed Canopy Growth (NASDAQ:CGC), Aurora Cannabis (NASDAQ:ACB), SNDL (NASDAQ:SNDL) and OrganiGram Holdings (NASDAQ:OGI), among others, are all seeing upward trends in their...
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How Germany's Cannabis Market Is Dominating Europe And Unlocking New Profit Opportunities
Monday, October 14, 2024 - 11:26am | 900In a global cannabis market brimming with potential, where should businesses focus their attention? Experts from the Benzinga Cannabis Capital Conference examined the profitability and growth prospects across Europe, Australia, Southeast Asia, and Canada, with Germany standing out as the market...
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North American Cannabis Companies Are Looking To Germany For Growth Outside Domestic Markets
Wednesday, July 24, 2024 - 12:51pm | 629As the North American cannabis market faces an overcrowded sector, persistent illicit trade and a variety of legal twists and turns, companies from the U.S. and Canada are turning their attention to Germany for growth opportunities. This strategic pivot follows Germany’s partial legalization...
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Benzinga Interview: Organigram CEO Beena Goldenberg Discusses Company Performance And Canadian Cannabis Market
Friday, February 11, 2022 - 9:36am | 802OrganiGram Holdings Inc (NASDAQ: OGI) (TSE: OGI) CEO Beena Goldenberg recently spoke with Benzinga to discuss the company's ongoing growth and Q2 success. Crediting the team for persevering during the pandemic, the CEO said Organigram is focusing on utilizing its recent success to further...
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Benzinga's Bulls And Bears Of The Week: Amazon, Apple, Bitcoin, GameStop, Netflix And More
Sunday, July 25, 2021 - 6:25pm | 1169Benzinga has examined the prospects for many investor favorite stocks over the past week. Last week's bullish calls included the iPhone maker, a top oilfield services stock and a pharmaceutical giant. FAANG stocks, the top cryptocurrency and meme stocks were among the bearish calls seen....
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Organigram Launches Two New Recreational Cannabis Lines: Indi And Edison Cannabis Co.
Tuesday, March 30, 2021 - 2:25pm | 258Organigram Holdings Inc. (TSX:OGI) (NASDAQ: OGI) has launched two new recreational product lines, dubbed Indi and Edison Cannabis Co. Indi focuses on indica cultivars. Skyway Kuhs, the first strain in its portfolio, features THC levels ranging between 20% and 23%. The strain is characterized by a...
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BAT Invests $175.7M In Organigram To Work On Next-Gen CBD Products
Thursday, March 11, 2021 - 12:10pm | 304Tobacco giant British American Tobacco PLC (NYSE: BTI) opted to invest CA$221 million ($175.7 million) in OrganiGram Holdings Inc (NASDAQ: OGI) The company agreed to purchase some 58.3 million shares of Organigram's subsidiary at CA$3.792 each, representing a 19.9% equity interest. The...
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Cannabis Movers & Shakers: Christina Lake, Pure Harvest, Acreage, Organigram
Tuesday, January 12, 2021 - 12:12pm | 941Here is a summary of the latest leadership changes within the cannabis industry. Salvatore Milia Joins Christina Lake Board Salvatore Milia opted to join the Christina Lake Cannabis Corp. (CSE: CLC) board of directors. The Vancouver-based company is kicking off a research and...
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Cannabis Job Outlook In 2021 Is 'Strong' Despite Suffering Layoffs Throughout 2020
Thursday, December 31, 2020 - 10:32am | 2178This year was a rollercoaster ride for the cannabis industry, which had its fair share of highs and lows. There were legalization breakthroughs, while various cannabis companies enforced massive layoffs. However, there were also those that did quite a bit of...
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Organigram Confirms CA$60M Offering, Launches Holiday-Inspired Products
Tuesday, November 10, 2020 - 10:57am | 300Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) declared Tuesday an underwritten public offering of its units for gross proceeds amounting to a total of CA$60.13 million. Cannabis company said that a syndicate of underwriters settled to acquire 32.5 million units at a price of CA$1.85 per...
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Cannabis Movers & Shakers: TILT, Liberty Health, Ikänik Life, PlantEXT, Cann, Organigram
Friday, October 30, 2020 - 9:02am | 1055Here is a summary of the latest company shakeups within the cannabis industry. TILT Announces Senior Leadership Changes On the heels of reporting its preliminary third-quarter earnings report, TILT Holdings Inc. (CSE: TILT) (OTCQB: TLLTF) opted for some changes in its management team to scale value...
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Organigram Sees 27% YoY Revenue Decline
Tuesday, July 21, 2020 - 12:36pm | 324Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) has posted its third-quarter results for fiscal 2020. According to a Tuesday's update, the Moncton, New Brunswick-based company saw a year-over-year revenue drop of around 27% to $18 million. Organigram's priority following the...
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Organigram To Layoff 220 Employees
Friday, July 3, 2020 - 4:51pm | 196Canadian cannabis producer Organigram Holdings (TSE: OGI) (NASDAQ: OGI) has announced a round of layoffs. The Moncton, Canada-based company confirmed a staff reduction of 25%. That's 220 employees. Organigram currently has about 609 workers, from which 89 are on temporary layoff...
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Cannabis Industry Leaders Discuss Growing Pains
Monday, August 20, 2018 - 1:00pm | 519Regulations, reporting requirements and talent are three of the challenges in scaling a cannabis business, according to executives who discussed the topic Friday at the Benzinga Cannabis Capital Conference in Toronto. Competition The laws and restrictions pertaining to cannabis create...
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Medical Marijuana Leaders Discuss Industry's Future At Cannabis Capital Conference
Friday, August 17, 2018 - 3:02pm | 724Industry leaders including Liberty Health Sciences, Tidal Royalty, Organigram and Mjardin discussed the future of medical marijuana Friday at the Benzinga Cannabis Capital Conference. Liberty Health Sciences Liberty Health Sciences (OTC: LHSIF) CEO George Scorsis said his company is one of the...