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Organigram Global Inc. (OGI $2.01)
- $2.01 Cap: $269M
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Organigram Global Inc. (OGI $2.01)
- $2.01 Cap: $269M
- View OGI Profile
- View Questions on OGI
Q: OGI closed yesterday at $3.65. The company announced this morning that it was selling 7.74 million shares to a syndicate of underwriters for $3.23 per share.
After the market opened, OGI is down >20% to ~$2.85.
Why did the company apparently shoot itself in the foot by doing this?
After the market opened, OGI is down >20% to ~$2.85.
Why did the company apparently shoot itself in the foot by doing this?
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Canopy Growth Corporation (WEED $1.49)
- $1.49 Cap: $160M
- View WEED Profile
- View Questions on WEED
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Organigram Global Inc. (OGI $2.01)
- $2.01 Cap: $269M
- View OGI Profile
- View Questions on OGI
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Green Thumb Industries Inc (GTII)
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Cresco Labs Inc (CL $0.78)
- $0.78 Cap: $315M
- View CL Profile
- View Questions on CL
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Trulieve Cannabis Corp (TRUL $5.52)
- $5.52 Cap: $1.03B
- View TRUL Profile
- View Questions on TRUL
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Tilray Brands Inc. (TLRY $0.85)
- $0.85 Cap: $857M
- View TLRY Profile
- View Questions on TLRY
Q: Hi, I have noticed that OGI is hitting new highs and has doubled in the last 2 to 3 months. TRUL, CL and GTII are also doing well. Meanwhile, TLRY and WEED are going sideways or down. Why the large difference between these two groups? Thanks
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Canopy Growth Corporation (WEED $1.49)
- $1.49 Cap: $160M
- View WEED Profile
- View Questions on WEED
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Organigram Global Inc. (OGI $2.01)
- $2.01 Cap: $269M
- View OGI Profile
- View Questions on OGI
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Aurora Cannabis Inc. (ACB $6.22)
- $6.22 Fwd P/E: 62.2X Cap: $349M
- View ACB Profile
- View Questions on ACB
Q: I’m considering dipping my toe in the cannabis market. Which of these three would you recommend? Also would any of them benefit from American legalization? Thanks
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