Organigram Global Inc. (OGI) Sees C$4 Target on Improved Outlook

Organigram Global Inc. (NASDAQ:OGI) is among the 11 Best Pot Stocks to Buy According to Hedge Funds.

On February 19, Canaccord raised its price target on Organigram Global Inc. (NASDAQ:OGI) to C$4 from C$3 and maintained a Buy rating.

That same day, Organigram Global Inc. (NASDAQ:OGI) announced a subscription agreement with BT DE Investments, a wholly owned subsidiary of British American Tobacco, in connection with its previously announced proposed acquisition of Sanity Group, including BAT’s stake. Under the agreement, BAT will subscribe for 14,027,074 shares at C$3.00 per share for gross proceeds of C$42.08 million and exercise certain top-up rights to acquire an additional 9,897,356 shares at C$2.335854 per share for C$23.12 million in proceeds, totaling approximately C$65.2 million. The capital infusion strengthens Organigram’s liquidity profile and strategic alignment with BAT as it expands internationally. ATB Financial is acting as the sole lead arranger and bookrunner.

On February 24, Organigram Global Inc. (NASDAQ:OGI) announced the expansion of its international portfolio with the launch of Edison and BOXHOT medical cannabis vape and pastille SKUs in Australia. The company already supplies indoor-grown flower through established B2B relationships in the region. The addition of 10 new SKUs under Edison and BOXHOT reflects a broadened product mix and deeper penetration into the Australian medical market.

Founded in 2013 and headquartered in Moncton, New Brunswick, Organigram Global Inc. (NASDAQ:OGI) is a Canadian licensed producer focused on innovation, branded cannabis products, and international expansion. With 7 hedge funds having stakes in the company as of Q3 2025, as recorded by Insider Monkey, Organigram Global is among the best pot stocks to buy according to hedge funds.

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