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Thursday, 09/05/2019 2:19:15 PM

Thursday, September 05, 2019 2:19:15 PM

Post# of 11304
OGI OrganiGram Holdings ~ Yahoo Finance...

Another pot stock that lost much of its value recently is OrganiGram Holdings (NASDAQ: OGI), which fell by 30% in August alone. While Health Canada has been arduously slow in approving sales licenses for the company, there hasn't any major development that would have caused this decline besides the postponing the launch of its CBD derivative product line to December rather than October as previously planned.

OrganiGram is unique compared to other producers for a couple of reasons. While most growers are based in Ontario, Quebec, or British Colombia, OrganiGram is based out of Canada's Atlantic region in the province of New Brunswick. Although being the leader in a less populated region might not seem as advantageous, Canada's eastern-most provinces have seen the highest adult-use rates for cannabis in the entire country.

https://finance.yahoo.com/news/top-3-cannabis-stocks-buy-154808237.html

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