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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

Comment by FalconMon Nov 24, 2020 7:25pm
175 Views
Post# 31966538

RE:RE:OGI oversold?

RE:RE:OGI oversold?Fingers crossed that once OGI gets some more height above its MA on the hourly views we can see this puppy go test some *real* resistance levels. This could still be a bearish play as high as the 61.8% fib retrace from the peak. That puts the share price at $7.3C (or 350% above the current price). Bollinger bands tightening and volume is increasing big time at this level; Mexico legalization; MORE act passing House; Georgia Senate run-offs; will ensure bulls maintain momentum until early January. Until then let's hope to see lots of gaps up, lots of short covering. Inflationary central bank policy definitely helping the longs too. Should be some exciting times ahead one way or another. GL to longs.
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