Why Shares of OrganiGram Popped Today

Why Shares of OrganiGram Popped Today·Motley Fool
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Shares of OrganiGram Holdings (NASDAQ: OGI), a Canadian cannabis company, were up more than 4% today. The stock closed at $2.46 on Friday, opened at $2.47 on Monday and climbed to $2.58 by the close. On Friday, Sen. Cory Booker, the New Jersey Democrat who is one of the sponsors of the Cannabis Administration and Opportunity Act, which would deschedule marijuana use at the federal level, tweeted that he expected to talk with President Joe Biden to gain support for the legislation.

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