Added to YB: 2025-02-19
Pitch date: 2025-02-18
OGI [bullish]
Organigram Global Inc.
+6.62%
current return
Author Info
Raging Bull Investments is a lawyer by background who shares actionable investment ideas on value opportunities with a catalyst. Sign up for the newsletter.
Company Info
Organigram Global Inc. engages in the production and sale of cannabis and cannabis-derived products in Canada.
Market Cap
CAD 235.1M
Pitch Price
CAD 1.36
Price Target
3.50 (+141%)
Dividend
N/A
EV/EBITDA
44.42
P/E
12.79
EV/Sales
1.04
Sector
Pharmaceuticals
Category
value
Fading a Myopic Sell-Off - Organigram Holdings Inc.
OGI: #1 Canadian cannabis producer w/ top 3 share in major categories. Strong brands, improving margins (30%+), $113M cash, no debt. BAT partnership provides capital/expertise. Motif acquisition transformative. Near breakeven, path to profitability clear. Trading at 0.7x EV/Sales, below book value. Upside from industry rationalization, exports, potential tax changes.
Read full article (15 min)