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Why OrganiGram Holdings Stock Crushed the Market Today

Why OrganiGram Holdings Stock Crushed the Market Today

Marijuana stock OrganiGram Holdings (NASDAQ: OGI) was a winner on Monday, closing 6.6% higher. A judge at the influential International Trade Commission (ITC) made an initial determination that Philip Morris' IQOS tobacco device infringed on British American Tobacco patents for its competing Glo device. As its name implies, the initial determination is only a preliminary opinion by a judge.