OrganiGram Holdings, Inc. (OGRMF)

organigram_logoOrganiGram Holdings, Inc is a Canadian company that develops, produces, and sells condition-specific medicinal marijuana. A licensed producer under Canada’s Marihuana for Medical Purposes Regulations (MMPR), the company currently has 16 strains of medical cannabis in production, and it is developing more.

Condition-specific marijuana means that it targets particular health conditions with a specific formulation using THC and/or CBD, which are the plant’s principal medicinal ingredients. Such treatment can be used for the symptoms or side-effects in patients with HIV/AIDS, cancer, anxiety, muscular dystrophy, spinal cord disease, arthritis, and many others.

OrganiGram’s marijuana strains are grouped into the following: stimulating appetite and controlling nausea (ACN); anxiety and stress disorders (ASD) including PTSD; managing chronic pain (MCP) using marijuana’s analgesic effects; neurological disorders and spasticity (NDS); and dignity, comfort, and quality of life (DCQ) for terminal illnesses and end-of-life care.

OrganiGram markets its products to both patients and doctors interested in medical cannabis. The company sells the products through telephone orders and online stores. In September 2014, it made its first shipment of medical marijuana products to registered and shortlisted customers.

The company was founded as Inform Exploration Corp in 2010. At that time, it was based in Vancouver and engaged in the acquisition and exploration of resource properties. It then became OrganiGram Holdings, Inc only in August 2014, following a reverse takeover.

Today, OrganiGram Holdings, Inc is based in New Brunswick. It is listed in the TSX Venture Exchange under the ticker symbol OGI, and in the US OTC markets under the symbol OGRMF. It has a market value pegged at USD 64.9 M. The company’s top-level executives include Denis Arsenault, Chairman, CEO, and President; Scott Franklin, CFO; and Brett Allan, Director of Investor Relations.


[hungryfeed max_items=”5″ template=”1″ url=”feed://feeds.finance.yahoo.com/rss/2.0/headline?s=OGRMF&region=US&lang=en-US”]