Tobacco Giant Invests $30.8M In Cannabis Company: BAT Private Placement Second Of Three Tranches - OrganiGram Holdings ( NASDAQ:OGI ) , British American Tobacco ( NYSE:BTI )
Cannabis producer Organigram Holdings Inc. OGI OGI has closed the second of three tranches of the previously announced CA$124,559,674 ( $92.3 million ) follow-on strategic equity investment by BT DE Investments Inc., a wholly owned subsidiary of British American Tobacco plc, BTI on Tuesday.
| Ticker |
Sentiment |
Impact |
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OGI
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Somewhat Bullish
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75 %
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BTI
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Neutral
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17 %
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