Organigram shares rocket 30% as British American Tobacco buys 19.9% stake, to cooperate on CBD products
March 11, 2021 at 12:46 PM EST
Organigram Holdings Inc.'s U.S.-listed shares soared 30% Thursday, after the Canadian cannabis company said it has received a C$221 million ($176.6 million) investment from a unit of British American Tobacco PLC.