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Bullboard - Stock Discussion Forum British American Tobacco ADR Representing Ord Shs BTI

British American Tobacco p.l.c is a consumer-centric, multi-category consumer goods company that provides tobacco and nicotine products. Its segments include the United States, Asia Pacific Middle East and Africa, Americas and Europe. The Company’s product categories include Vapor, Tobacco Heating Products (THPs), Modern Oral, Traditional Oral and Combustible cigarettes. Vapor products are... see more

NYSE:BTI - Post Discussion

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Post by insidersnoop1 on Jun 01, 2022 2:37pm

Takeover soon ?

According to INK Insider Reports, BTI recently bought 2,659,716 shares of Organigram (a cannabis company) at 2.39$ CAD on February 28, 2022. This is after BTI invested 221 million CAD$ for 19.9% of OGI in March of 2021. OGI is in Moncton, New Brunswick, Canada where cannabis is legal throughout the country. Their startup was financed by Provincial government grants and employee training subsidized by government also. They have easy access to banking services with Credit Union accounts. Their association with British American Tobacco is great for free management and manufacturing advice. I'm waiting for BTI to buy out OGI before end of 2022 with an all share offer of BTI shares. OGI is the right size to profit in the legal Canadian market and will at least double with a takeover. Organigram CEO and CFO bought shares of their own company last week. What do they know that we will know soon ? Thank me later.....(P.S. OGI trades on NASDAQ and TSX).
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