OGRMF - OrganiGram Stock Climbing On First Shipment Of CBD Oil

According to a press release today, cannabis cultivator OrganiGram Holdings (TSXV:OGI) (OTCQX:OGRMF) has begun shipments of its pure cannabidiol (CBD) oil. In reaction to the news, OrganiGram stock is up 3.41% and selling for $10.60 CAD.

Let’s check this out.

According to the release, the company has shipped more than 130,000 units of its pure cannabidiol (CBD) oil, which is destined for markets across Canada.

Demand for the substance has been high since Canada legalized recreational cannabis in October 2018. CBD is a naturally occurring compound ...