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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
Comment by olive15on Feb 22, 2020 12:34pm
91 Views
Post# 30721168

RE:RE:Where's the Insider Buying?

RE:RE:Where's the Insider Buying?
Marf ... absolutely. To be clear, I'm on the same page re: product, management, future outlook/plans. To dfiferentiate from Hexo, or others, I'm not suggesting insiders should buy for the purpose of momentarily stoking investor excitement. Whatever company, insiders should buy because they believe in the company's present and future. Words are fine, but belief and commitment in capital markets are shown through emptying coin from your own pocket. This isn't a full on critique of OGI management. Rather, it's more of a questioning. They have been issuing options, albeit conservatively. And there has not been any insiders sales, only buys, though modest; in itself, this is a positive statement. I still wonder why top management hasn't been buying more. For comparison, I've been buying certain CAD oil/gas companies since September. One reason, but by no means the only reason, I'm a buyer is b/c there has been significant insider buying. It's nothing but a positive (but certainly not, on its own, indicative of future performance) for management to step up and increase their shareholdings through the public market.
Bullboard Posts