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Organigram Expands U.S. Presence with OBX Investment
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Organigram Expands U.S. Presence with OBX Investment

OrganiGram Holdings (TSE:OGI) has released an update.

Organigram Holdings Inc. has announced a strategic $2 million investment in the US-based Open Book Extracts (OBX), a leading provider and manufacturer of hemp-derived products. The investment marks Organigram’s first foray into the Jupiter investment pool, aiming to expand its footprint in the lucrative U.S. hemp derivatives market and revealing plans for future product launches and collaborations in the U.S. Both companies express enthusiasm for the partnership, with OBX nearing EU GMP certification to further international opportunities.

For further insights into TSE:OGI stock, check out TipRanks’ Stock Analysis page.

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