Organigram, Delta 9 to Move to Toronto Stock Exchange
Organigram Holdings (TSXV: OGI) (NASDAQ: OGI) and Delta 9 Cannabis (TSXV: DN) both announced this evening that they will be moving to the Toronto Stock Exchange from that of the junior Venture Exchange. The issuers have both received conditional approval from the TSX for the move.
In the case of Delta 9 Cannabis, the Manitoba-based issuer expects to be on the Canadian big board by November 5, 2019. In addition to its common shares, warrants expiring December 28, 2019, warrants expiring July 17, 2022, and it’s 8.5% unsecured convertible debentures will also be moving to the TSX from that of the Venture Exchange. They are anticipated to trade under the symbols “DN”, “DN.WT”, “DN.WT.A” and “DN.DB”, respectively.
Organigram Holdings did not provide a date for when it anticipates to delist from the Venture Exchange and move to the TSX. The company indicated that its symbol “OGI” will remain the same through the move.
Delta 9 Cannabis and Organigram Holdings both intend to release further information once dates are confirmed for when the transitions will take place.
Information for this briefing was found via Organigram Holdings and Delta 9 Cannabis. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
