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OrganiGram Holdings Inc T.OGI

Alternate Symbol(s):  OGI

Organigram Holdings Inc. operates through its subsidiaries. The Company’s major wholly owned subsidiaries include Organigram Inc., 10870277 Canada Inc., The Edibles and Infusions Corporation (EIC), and Laurentian Organic Inc. (Laurentian). Organigram Inc. is a licensed producer (LP) of cannabis, cannabis-derived products and cannabis infused edibles in Canada. It is focused on producing cannabis for patients and adult recreational consumers, as well as developing international business partnerships. It has also developed and owns a portfolio of legal adult-use recreational cannabis brands, including Edison, Holy Mountain, Big Bag O’ Buds, SHRED, SHRED’ems, Monjour, Laurentian, Tremblant Cannabis and Trailblazer. It operates facilities in Moncton, New Brunswick and Lac-Superieur, Quebec, with a dedicated edibles manufacturing facility in Winnipeg, Manitoba. 10870277 Canada Inc. is a special purpose holding company for the Company. EIC is a cannabis processor of confectionary goods.


TSX:OGI - Post by User

Bullboard Posts
Post by Bettyhumpteron Jan 01, 2017 3:04pm
242 Views
Post# 25657978

Chicken Little..

Chicken Little..The sky is not falling. Let's all keep our sh%t together. 

So it doesn't seem to me as though anyone actually looked at the charts for MT after the recall... 
I did. Sure doesn't look like it tanked.

According to RBC DI, it was closed at $4.07 Oct 31 and "tanked" to slightly below $4 - closed at $3.81 after the recall was priced in 4 days later. Then progressed upwards.

NR from Nov 1 for MT recall:

From Mettrum Recall Marketwired NR:

"Following a routine Health Canada inspection, it was brought to Mettrum's attention that this third-party foliar spray contains an unlisted ingredient called pyrethrin. This plant-based insecticide is approved and widely used on both organic and conventional crops in Canada, however it is not currently registered for use on medical cannabis under the Pest Control Products Act. This is why Mettrum is conducting a voluntary recall of the exposed products." 

So it doesn't seem as though this recall had a tremendous effect on the MT sp. Perhaps OGI will share a similar fate. Let's keep in mind that we have very little information. 

Again, let's all keep our respective shizzle together. If it drops, buy..

GLTA. Happy New Year. 

BH

 



Bullboard Posts