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Added to YB: 2025-02-18

Pitch date: 2025-02-15

OGI [bullish]

Organigram Global Inc.

+40.63%

current return

Author Info

No bio for this author

Company Info

Organigram Global Inc. engages in the production and sale of cannabis and cannabis-derived products in Canada.

Market Cap

CAD 288.8M

Pitch Price

CAD 1.28

Price Target

N/A

Dividend

N/A

EV/EBITDA

-53.17

P/E

31.21

EV/Sales

1.45

Sector

Pharmaceuticals

Category

turnaround

Show full summary:
Organigram: What's going on?

OGI (overview): Q1 net loss $23M, $19M one-time costs. Annualized $16M loss projected. Motif acquisition not yet profitable. $10M synergies & 35% gross margin target may not reach net profit. Bearish view: mgmt focus on int'l expansion vs. Canadian market. Bulls note 17% YoY rev growth, improving cannabis prices.

Read full article (9 min)