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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 kensteron Nov 16, 2019 6:54am
115 Views
Post# 30359665

Back where we started

Back where we startedTo say this week was a train wreck would be an understatement.Back in go away May I'm sure the Big time shorters sized up the game plan looking at the overpriced Canadian M.J.,volitile and ripe for attack.My belief is the big boys,T.D. Cibc and the rest started a full press on All M.J. picking fav.at times but generally everything was a target.Headwinds,bad news,poor rollout and Bad e.r. was just the gas needed to bring it to its knees.My belief is this an orchestrated take down and now only the strong will survive.Most days I get up and ask myself how was I such a stupid idiot.
Saw all the signs but stayed Long and all in.I have seen a pile of cash dissappear all summer.
All the best of luck to all Longs.We are now in the same mess that will take time to resolve.I also think most shorts cover themselves as they walk it down.As one rebuys another sells.Cool the rsi just enough to keep the slide going.I always expected Ogi could get hit harder at some point as low price,low share count and one of the lowest lend rates at 16% made them a target.Again only imo, I'm in this company big and weathering the storm.See you next quarter.
Bullboard Posts