Week At A Glance: OrganiGram Holdings Inc (TSXV:OGI), July 13th, 2018

Weekly Summary

July 10th, 2018: Organigram Signs Strategic Supplier Agreement With Hiku Brands

OrganiGram Holdings failed to secure a supply agreement with the B.C. Liquor Distribution Branch this week. However, the company did sign a strategic supply agreement with Hiku Brands. As an approved supplier to Manitoba Liquor & Lotteries, Organigram will supply Hiku with up to 1,000 kg of premium cannabis products per year for the term of the three-year agreement. Products include both dried cannabis and cannabis oils, which will be sold through designated Tokyo Smoke retail locations in Manitoba.

Technical Analysis


SOURCE TradingView

SOURCE TradingView

Close of July 13th, 2018: $4.82 (-0.37) (-7.13%)

Volume: 1,498,000 (+502,000) (+50.40%)

Support Levels: $4.74, $4.59

Resistance Levels: $5.06, $5.32, $5.47