Organigram Announces C$221 Mln Investment From British American Tobacco

T-Reuters2021-03-11

March 11 (Reuters) - Organigram Holdings Inc: :Organigram And Bat Form Product Development Collaboration – Includes Strategic Investment From Bat For 19.9% Equity Interest.Organigram Holdings Inc - Announced C$221 Million Strategic Investment From A Wholly-Owned Subsidiary Of Bat.Organigram Holdings - Bat Subsidiary Has Subscribed For Approximately 58.3 Million Common Shares Of Ogi.Organigram Holdings - Also Entered Into A Product Development Collaboration Agreement With Bat.Organigram Holdings - Under Agreement, A "Center Of Excellence" To Be Established To Focus On Developing Next Generation Of Cannabis Products.Organigram Holdings Inc - Under Terms Of Pdc Agreement, Both Organigram And Bat Have Access To Certain Of Each Other'S Intellectual Property.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2118989268?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-11 19:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2118989268","market":"hk","top_or_hot":-1,"title":"Organigram Announces C$221 Mln Investment From British American Tobacco","media":"T-Reuters","content":"<html><body><p>March 11 (Reuters) - Organigram Holdings Inc: :Organigram And Bat Form Product Development Collaboration – Includes Strategic Investment From Bat For 19.9% Equity Interest.Organigram Holdings Inc - Announced C$221 Million Strategic Investment From A Wholly-Owned Subsidiary Of Bat.Organigram Holdings - Bat Subsidiary Has Subscribed For Approximately 58.3 Million Common Shares Of Ogi.Organigram Holdings - Also Entered Into A Product Development Collaboration Agreement With Bat.Organigram Holdings - Under Agreement, A \"Center Of Excellence\" To Be Established To Focus On Developing Next Generation Of Cannabis Products.Organigram Holdings Inc - Under Terms Of Pdc Agreement, Both Organigram And Bat Have Access To Certain Of Each Other'S Intellectual Property.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Organigram Announces C$221 Mln Investment From British American Tobacco</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOrganigram Announces C$221 Mln Investment From British American Tobacco\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 19:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.trkd.thomsonreuters.com><strong>T-Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>March 11 (Reuters) - Organigram Holdings Inc: :Organigram And Bat Form Product Development Collaboration – Includes Strategic Investment From Bat For 19.9% Equity Interest.Organigram Holdings Inc - ...</p>\n\n<a href=\"https://www.trkd.thomsonreuters.com\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OGI","symbol_name":"ORGANIGRAM HOLD","start_time":0,"source_url":"https://www.trkd.thomsonreuters.com","article_id":"2118989268","we_media_id":"1086160438","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2118989268","pubTimestamp":1615461493,"sourceInfo":null,"weMediaInfo":{"media_name":"T-Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"summary":"March 11 (Reuters) - Organigram Holdings Inc: :Organigram And Bat Form Product Development Collabora","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"OGI":"ORGANIGRAM HOLD"},"translate_title":"Organiigram宣布英国美国运通烟草公司投资2.21亿加元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OGI":0.9},"content_text":"March 11 (Reuters) - Organigram Holdings Inc: :Organigram And Bat Form Product Development Collaboration – Includes Strategic Investment From Bat For 19.9% Equity Interest.Organigram Holdings Inc - Announced C$221 Million Strategic Investment From A Wholly-Owned Subsidiary Of Bat.Organigram Holdings - Bat Subsidiary Has Subscribed For Approximately 58.3 Million Common Shares Of Ogi.Organigram Holdings - Also Entered Into A Product Development Collaboration Agreement With Bat.Organigram Holdings - Under Agreement, A \"Center Of Excellence\" To Be Established To Focus On Developing Next Generation Of Cannabis Products.Organigram Holdings Inc - Under Terms Of Pdc Agreement, Both Organigram And Bat Have Access To Certain Of Each Other'S Intellectual Property.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2118989268"}