OrganiGram Holdings Inc (NASDAQ:OGI) is going up smoothly on Tuesday and now trading at the high of the session.
Market Action
As of 2:13, OGI stock surged 5.04% to $2.71. Total volume was 4.07 million shares. The stock opened at $2.5852 and moved in a range of $2.5600 – 2.7500.
OGI Issues News
Organigram Launches Big Bag o’ Buds Indoor-grown, Strain-specific Dried Flower in 28g Value Format
- OGI announced the launch of Big Bag o’ Buds, a lineup of dried flower products featuring a roster of well-known genetics and an exciting rotation of one-time offerings (OTO) in a 28g format.
- Big Bag o’ Buds offers a minimum of 17% THC and a rich cultivar selection that includes Ultra Sour, a pungent, sativa-leaning sour featuring the tartness of Meyer lemon and the diesel and pungent notes from the cultivar’s Kush undertones.
- Organigram currently leads the pack with the #1 Ultra Sour brand in Canada. The Big Bag o’ Buds OTO cultivar selection will include Grapefruit GG4, Original Glue, and Lemon Tree strains.
- Every Big Bag o’ Buds strain benefits from being grown in strain-specific, climate-controlled indoor grow rooms to optimize each cultivar’s flavour. Variables including humidity, temperature, light and plant density can be customized to enhance the growth and output of each plant.
“Customers across the country continue to express the importance of large formats and new genetic offerings at an appealing price point,” says Tim Emberg, Senior Vice President of Sales and Commercial Operations at Organigram. “Without a doubt, Big Bag o’ Buds delivers on all of those points but also offers Canadian consumers a continuous pipeline of new cultivars reflecting our team’s ongoing search for and development of new terpene profiles and phenotypic expressions.”
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