Better Marijuana Stock: OrganiGram vs. CuraleafPosted by On


Most cannabis companies have done well amid the coronavirus pandemic thanks to regular demand for marijuana, which is behaving more and more like a consumer good. U.S. pot companies in particular have soared this year. Curaleaf Holdings (OTC:CURL.F) is one example, having experienced revenue growth and improving profit margins since January. Meanwhile, challenges for Canadian counterparts remain. Last year’s headwinds, which included regulatory delays and a thriving black market, continue to take a toll on the Canadian market. OrganiGram Holdings(NASDAQ:OGI) performance is proof of that.

OrganiGram is smaller than Curaleaf, sporting a market cap of $221 million compared to Curaleaf’s cap of $3.8 billion. Shares of Curaleaf are up 13.8% this year, while Organigram is down a sobering 53.8%. The…

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