OrganiGram Holdings Inc (OGI)

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Organigram To Recall About 50 Employees At Moncton, New Brunswick Campus In Phase 1 Of Reopening -- MarketWatch
6:18 am ET May 14, 2020 (MarketWatch)


Organigram Holdings Inc. (OGI.T) said Thursday it is recalling abut 50 employees at its Moncton, New Brunswick campus in the first phase of reopening its cannabis business. "These employees will fill core roles across various departments that have been deemed highest priority by the Organigram leadership team in this initial phase," the Canadian company said in a statement. "Subsequent phases of this plan will be dependent upon public health and safety guidelines and the evolving needs of Organigram's business." Safety measures, including enhanced cleaning and hand sanitizing and social-distancing, will be implemented. U.S.-listed shares were not yet active premarket, but have fallen 52% in the year to date, while the ETFMG Alternative Harvest ETF (MJ) has fallen 36% and the S&P 500 has fallen 13%.