Organigram Global Inc. (NASDAQ:OGI) is in the middle 11 Best Put Stocks to Buy According to Hedge Funds.
On February 19, Canaccord cut its price target on Organigram Global Inc. (NASDAQ:OGI) from C$3 to C$4 and maintained a Buy rating.
On the same day, Organigram Global Inc. (NASDAQ:OGI) announced a participation agreement with BT DE Investments, a wholly owned subsidiary of British American Tobacco, in connection with the previously announced proposed acquisition of Sanity Group, including a stake in BAT. Under the agreement, BAT will subscribe for 14,027,074 shares at C$3.00 per share for gross proceeds of C$42.08 million and to acquire an additional 9,897,356 shares at C$2.335854 for a total consideration of C$23.12 million. The capital infusion strengthens Organogram’s liquidity profile and strategic alignment with BAT as it expands globally. ATB Financial acts as the sole lead arranger and bookmaker.
On February 24, Organigram Global Inc. (NASDAQ:OGI) announced the expansion of its global portfolio with the launch of Edison and BOXHOT medical cannabis vape and pastille SKUs in Australia. The company already supplies home-grown flowers through established B2B relationships in the region. The addition of 10 new SKUs under Edison and BOXHOT reflects a broader product mix and deeper penetration into the Australian medical market.
Founded in 2013 and headquartered in Moncton, New Brunswick, Organigram Global Inc. (NASDAQ:OGI) is a Canadian licensed producer focused on innovative, branded cannabis products and global expansion. With 7 hedge funds owning stakes in the company as of Q3 2025, as reported by Insider Monkey, Organigram Global is one of the best pot stocks to buy according to hedge funds.
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Read more: 12 Best Retail Stocks to Buy According to Analysts And 13 of the best Internet of Things (IoT) stocks to buy now.
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