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Organigram Has Declined A Lot And Is A Great Deal
OGIOrganigram (OGI) Seeking Alpha·2024-06-23 12:49

I called Organigram (NASDAQ:OGI) my favorite cannabis stock again two months ago, and it has declined substantially. The stock is still up 16.4% in 2024, which is more than the 6.2% gain in the New Cannabis Ventures Global Cannabis Stock Index, but it is well below where it sold stock to the public in late March. The company, which is currently 19% of my model portfolio, the largest position, reported its Q2 in May, and I provide an update here. The Organigram Q2 Organigram, which changed its fiscal year-en ...