What a few monthsFrom Trump to European Elections to Sessions to tainted product scandals. What a year, and what an opportunity for anyone playing the down cycle on OGI. We added more to our OGI and warrants positions over the past several weeks. Lawsuits take forever, and there should be a ton of insurance in place for legal and any damages awarded.
What really hits home for me, is the amount of black market weed and non organic pot that everyone who smokes is happily and readily consuming in vast quantities. I wonder how good the hell's angels quality control or WHMIS standards are? There is no doubt in my mind that vast amounts of herbicides, mold agents and pesticides are sprayed freely on the underground products. If there was ever a time to START buying OGI or Whistler's products, it would be now.
Growing bud is a complex process, and mold and mites are very difficult to control and manage. These new testing processes and transparency for the industry are a great result from an unfortunate incident. New management to take OGI to the next level will also help and benefit patients, the product, and especially shareholders.
It is hard to look at the share price and see opportunity, but I bought a bunch of BP a week after their blowout and proceeded to make a massive return as the dust settles, even with the lawsuit announcements and financial concerns. OGI certainly doesn't have risks or uncertainty akin to that.
This will double by Xmas is my forecast. Best of luck, ignore the shorters or bashers, they waste time.