16:10:41 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Organigram Holdings Inc
Symbol OGI
Shares Issued 124,418,373
Close 2018-01-19 C$ 4.84
Market Cap C$ 602,184,925
Recent Sedar Documents

FP says Canopy, rivals hear pot demand to exceed supply

2018-01-22 08:10 ET - In the News

See In the News (C-WEED) Canopy Growth Corp

The Financial Post reports in its Saturday, Jan. 20, edition that only three smaller provinces have signed contracts with licensed weed producers to lock down supply. The Post's Mark Rendell writes that on Tuesday, Prince Edward Island became the third, agreeing to buy 3,000 kilograms all together from Canopy Growth, Organigram Holdings and Canada's Island Garden. New Brunswick, which signed deals with Canopy, Organigram and Zenabis in September, added another contract with Nuuvera last week. Newfoundland and Labrador, meanwhile, locked up an 8,000-kilogram supply deal with Canopy in December. For the larger provinces, however, the supply picture is murkier. In Alberta, the government's Cannabis Secretariat is "working very closely with a number of licensed producers on supplying products," according to spokesman Ryan Heise. However, he says, the current focus is on getting clarification from the federal government on how supply and distribution networks will be regulated. In British Columbia, where the public side of distribution will be run by the BC Liquor Distribution Branch, LDB spokesman Dixon Tam says, "It's still too early to say" whether there will be enough supply to meet demand.

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