Organigram, a New Brunswick-based marijuana producer, will begin trading on the Nasdaq on May 21.
Organigram will continue to maintain its TSX Ventures Exchange listing but will cease trading on U.S. over-the-counter markets once it upgrades to the Nasdaq.
The company will trade on the Nasdaq under the ticker symbol OGI, the same as it uses on the TSX.
More details on the listing can be found here.
With the rise of adult use cannabis, experts see medical marijuana dominated by two distinct markets.
In my opinion organigram will get a nice stock Bump by listing on NASDAQ. It has a very efficient production model and I couldn’t feel more positive about the stock.