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OrganiGram Holdings Inc Is Today’s Cannabis Focus
While most US cannabis investors are focused on home grown marijuana plays, up in The Great White North there’s a lot happening. By 2024, Health Canada projects that the medical cannabis market in Canada will reach $1.3 billion and have ~450,000 patients out of a population of 35 million.
Prime Minister Justin Trudeau was elected after including legalization of recreational marijuana. On April 20th, 2016, the Canadian Health Minister Jane Philpott announced that Canada would introduce legislation to decriminalize and regulate cannabis in spring of 2017. The recreational market in Canada is estimated to be worth $7 to $10 billion.
One company investors need to pay attention to is OrganiGram Holdings Inc. The stock trades in Canada under the symbol OGI, in the US under OGRMF, and in Germany under 0OG.
OrganiGram Holdings is a...
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