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.
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