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OrganiGram Holdings Inc. (OGI.TO)
Toronto - Toronto Real Time Price. Currency in CAD
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Hyasynth produces CBD and a range of rare cannabinoids through yeast fermentation without the need for traditional cultivation from cannabis or hemp plants. The company recently announced a US patent on its cannabinoid biosynthesis pathway, which reduces the number of enzymatic yeast steps to produce CBD by 75%.
Bet on Ogi , will be up green today .
One piece of good news and will jump to $4
so whats going on that all weed stocks jumped 5% in like 15mins
There are still many legal and political issues in play when it comes to cannabis. Things are moving forward but timelines are unclear.
The SAFE Banking Act passed in the U.S. House of Representatives for the fifth time on September 23, 2021. This landmark legislation would pave the way for more financial institutions to serve the state-legal cannabis industry by removing some of the attendant legal and regulatory risks.
In a tactical decision to help the Act finally get across the finish line in the Senate, Rep. Ed Perlmutter proposed that it be included as an amendment to the National Defense Authorization Act (NDAA). The Act was added to the NDAA by voice vote on September 21, and the NDAA passed the House in a 316-113 vote on September 23.
But the Act still faces an uphill climb in the Senate, where some Democrats – including Majority Leader Chuck Schumer – are eyeing more comprehensive cannabis reform like the Cannabis Administration and Opportunity Act.
Looks like some volume returning. Thinking this will get back to $3.20 CAD soon.
In February 2020, BAT announced that they were researching CBD and THC flavourings for their Vype and Vuse e-cigarettes at their research facility in Southampton, but not “actively pursuing” these flavours for sale.17 However, in January 2021, BAT began test-marketing a range of CBD products called the “VUSE CBD Zone” in Manchester, UK, saying this was part of its efforts to go “beyond nicotine”. BAT referred to a potential nationwide roll-out of VUSE CBD Zone later on in 2021.18
Via BTomorrow Ventures, set up in 2020, BAT invested in start-ups working on cannabis, CBD and other “wellness” products.19 By July 2021, the dedicated website listed the following companies in its portfolio:20
• Trait Biosciences – “Innovative Science advancing cannabinoid production technology”.202122
• Cannopeaia – “Proprietary cannabis vaping technology”.2023
• Unrooted – “Functional beverages boosted by African baobab”.20 Unrooted’s website stated that it used CBD in one of its products.24
In March 2021, BAT bought a 20% stake in OrganiGram, a Canadian cannabis producer with plans to produce “next-generation” CBD based cannabis products. The C$221 million investment includes an agreement to build an R&D Center of Excellence in New Brunswick.2526
According to HiFyre’s most recent monthly report Pure Sunfarms was top in CDN flower market sales in September followed by OGI. Way to go BBoB, SHRED and Edison, keep up the great product offerings
One day we will see a news release where BAT says it intends to buyout OGI.
it’s got to be the shelf announced in june causing the constant bleeding .. everything else is looking up for OGI. $500,000,000 worth of stock, warrants, units…etc based on average volume equates to approx 5 months of selling to raise the $500m during the 25 month effective period. Assuming they go for all of it.
We’ve seen what the Reddit crowd can do. Wish they would push this stock up to $15 or $20. 😂
When i see volume in the double digit millions and share price going up 10-15% or more THEN I’ll know Reddit crowd is back in.
What do you suppose they're working on in the TOP SECRET Center of Excellence in Montcon? Top cannabis scientists working around the clock so they can bring you revolutionary products that will change the world! Or maybe they're just getting stoned like the rest of us.
I see bullish trend in OGI and weed stocks in general
$TLRY $CGC $SNDL $HEXO
Organigram Holdings (NASDAQ:OGI) has entered into a multi-year agreement for supply of dried flower to Israel’s Canndoc Ltd.
Under the terms of agreement, the Company will provide a guaranteed 3,000 kg of dried flower product to Canndoc by December 31, 2021 for processing and distribution into the Israeli medical market, and may provide an additional 3,000 kg during the same time period at Canndoc’s option.
The agreement provides for a tiered pricing scheme and the exact value will vary depending on factors such as potency and product mix.
Organigram will also have an opportunity to launch branded medical products with Canndoc in Israeli and EU markets wherein Canndoc will have exclusivity and related rights within Israel for a period of approx. 7.5 years.
loaded another 15000 boys!
Be caution tomorrow is Friday .
why do you care giant? you SOLD at 2.40
Short interest in the company has seen 15.95 million shares shorted with days to cover at 2.86..........SQUEEZE THEM !
volume enormous the 1st 45 min today, short covering is in full steam, soi down 11% since the last reporting period, we are getting ready to break out soon, mark it
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