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Is Organigram Stock a Buy?

TheMotleyFool

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Retail cannabis sales in Canada have rebounded from a brief dip in February, but Organigram (NASDAQ: OGI) stock hasn't followed. Shares of the licensed cannabis producer have lost about 30% of their value this year.

The company has pushed back its earnings report for the three months ended May. 31, 2020, by a week to compensate for coronavirus-related difficulties experienced during the hectic period. Now that the company's market value has fallen to a sprightly $299 million, bargain shoppers are wondering if the stock is a buy right now.

Image source: Getty Images.

Source Fool.com

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