Why OrganiGram Holdings Lagged Behind Other Marijuana Stocks on Tuesday
On a day when some marijuana stocks shot to the moon, shares of OrganiGram Holdings (NASDAQ: OGI) rose modestly. While peer stocks closed Tuesday higher in the double-digit percentages, OrganiGram "only" increased by 7% and change.
Like its fellow pot purveyors, OrganiGram stands to benefit from an apparently accelerated timetable for Congress to introduce and enact marijuana reform legislation.
While some of its peers could potentially reach across the border to directly sell tons of product here, OrganiGram is a comparatively small operator based in eastern Canada.
Source Fool.com