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March 4, 2020, 6:14 a.m. EST

OrganiGram CFO De Luca to be chief strategy officer, board member West to be CFO

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By Tomi Kilgore

OrganiGram Holdings Inc. /zigman2/quotes/209289540/lastsale OGI -6.95% CA:OGI -0.44% said Wednesday it named current Chief Financial Officer Paolo De Luca as its chief strategy officer, while current board member Derrick West will join the company as CFO, effective immediately. De Luca has been CFO since December 2017. West was most recently a member of the investment committee, and from December 2017 to February 2020, was chair of the audit committee. The Canada-based cannabis company's stock, which was indicated down a little over 1% in premarket trading, has lost 17.1% over the past three months, while the ETFMG Alternative Harvest ETF /zigman2/quotes/204332491/composite MJ -4.31% has shed 18.6% and the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.48% has slipped 3.5%.

/zigman2/quotes/209289540/lastsale
US : U.S.: Nasdaq
$ 1.74
-0.13 -6.95%
Volume: 9.98M
May 29, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$301.16 million
Rev. per Employee
$49,972
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CA : Canada: TSX Venture
$ 6.85
-0.03 -0.44%
Volume: 392,662
Aug. 21, 2019 12:00a
P/E Ratio
31.08
Dividend Yield
N/A
Market Cap
$1.07 billion
Rev. per Employee
$64,794
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/zigman2/quotes/204332491/composite
US : U.S.: NYSE Arca
$ 13.76
-0.62 -4.31%
Volume: 1.03M
May 29, 2020 4:00p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,044.31
+14.58 +0.48%
Volume: 4.38B
May 29, 2020 5:14p
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