OrganiGram Holdings Inc T.OGI

Alternate Symbol(s): OGI

Organigram Holdings Inc. is focused on producing cannabis for patients and adult-recreational consumers, as well as developing international business partnerships to extend the Company's global footprint. The Company, through its subsidiary, Organigram Inc., is a licensed producer of cannabis, cannabis- derived products and cannabis infused edibles in Canada. It has also developed and acquired a portfolio of legal adult-use recreational cannabis brands, including Edison, Holy Mountain, Big Bag O’ Buds, SHRED, SHRED’ems, Monjour, Laurentian, Tremblant Cannabis and Trailblazer. It specializes in vape and infused pre-roll categories backed by a portfolio of owned brands, including the BOXHOT brand. Its products include pre-milled flower, pre-rolls, weed gummies, shred x vapes, and extracts. It operates facilities in Moncton, New Brunswick and Lac-Superieur, Quebec, with a dedicated edibles manufacturing facility in Winnipeg, Manitoba. Its subsidiaries also include 10870277 Canada Inc.

TSX:OGI - Post by User

OrganiGram Holdings Inc > $150 Million raised at $3.23 per share !! Take Advantage :)

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Comment by srtman03on Apr 30, 2024 1:45pm

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RE:RE:RE:RE:$150 Million raised at $3.23 per share !! Take Advantage :)

1hot-techwoman wrote:
srtman03 wrote:
1hot-techwoman wrote:
1hot-techwoman wrote: Buying at these levels !! They did not front this kind of money with doing there research !! :)

Organigram Announces the First Tranche Closing from BAT Investment

Wednesday, January 24, 2024, 6:00 AM ET
 TORONTO--(BUSINESS WIRE)--January 24, 2024-- 
Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the "Company" or "Organigram"), a leading licensed producer of cannabis, announced today that it has closed the first of three tranches 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 first tranche closing, the Investor acquired 12,893,175 common shares of the Company at a price of C$3.2203 per share (the "Per Share Price") for gross proceeds of C$41,519,891. The remaining 25,786,350 shares subscribed for shall be issued at the Per Share Price in two further equal tranches on or around August 30, 2024 and February 28, 2025.

Organigram Announces Pricing of Overnight Marketed Public Offering

Wednesday, March 27, 2024, 8:56 AM ET
 TORONTO--(BUSINESS WIRE)--March 27, 2024-- 
Organigram Holdings Inc. ("Organigram" or the "Company") (TSX: OGI; NASDAQ: OGI), announces today that, in connection with its previously announced overnight marketed public offering of units of the Company (the "Units"), it has entered into an underwriting agreement with ATB Securities Inc., as lead underwriter, on behalf of itself and a syndicate of underwriters to sell 7,740,000 Units at a price of C$3.23 per Unit (the "Offering Price") for total gross proceeds of approximately C$25 million (the "Offering"

The future of OGI looks green to me :)
ATB Capital gives target of $5.25 :)

https://www.marketbeat.com/instant-alerts/tse-ogi-set-price-target-2024-04-03/

But the average of 5 Analysts on wall st is $4.36 :)

The average price target for OrganiGram Holdings is C$4.36. This is based on 5 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is C$5.26 ,the lowest forecast is C$3.76. The average price target represents 67.07% Increase from the current price of C$2.61.

Getm while there hot :)
100% !!
Thank you for the $2.52 shares :)