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home / news releases / CBWTF - OrganiGram: Don't Get Too Excited After The BAT Investment

CBWTF - OrganiGram: Don't Get Too Excited After The BAT Investment

Auxly Cannabis Group Inc.
  • OrganiGram announced a C$221M investment and product development partnership with British American Tobacco.
  • OGI shares have gone up ~50% since the deal was announced and its valuation at 18x EV/Sales is in-line with large-cap Canadian LPs.
  • OGI remains a show-me story and investors shouldn't buy in just because of the BAT deal; besides, Auxly is the best cautionary tale.

For further details see:

OrganiGram: Don't Get Too Excited After The BAT Investment
Stock Information
Company Name: Auxly Cannabis Group Inc.
Stock Symbol: CBWTF
Market: OTC
Website: auxly.com
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