E Organigram Q1 2021 Financial Results Are Unmasked And They Are Dismal

Stock Performance

ORGANIGRAM, a constituent in the munKNEE Pure-Play Pot Stock Index, was down 45.7% in 2020 but, along with all the other cannabis stocks last week, has recouped some of those losses in the past week as illustrated in the chart below:

TSX Performance (in Canadian dollars)

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Nasdaq Performance (in U.S. dollars)

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ORGANIGRAM Holdings Inc.:

  • is listed on:
    • the NASDAQ Global Select Market exchange and
    • the Toronto Stock Exchange listed company;
  • is a licensed producer of cannabis and cannabis-derived products in Canada;
  • is focused on producing high-quality, indoor-grown cannabis for:
    • patients and
    • adult recreational consumers in Canada,
    • as well as developing international business partnerships to extend the Company's global footprint.
  • has developed a portfolio of adult use recreational cannabis brands including The Edison Cannabis Company, SHRED and Trailblazer.
  • is located in Moncton, New Brunswick, Canada and
  • is regulated by Health Canada under the Cannabis Act (Canada) and the Cannabis Regulations (Canada). Source
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