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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 marf49on Jan 13, 2021 9:57am
216 Views
Post# 32283962

RE:Organigram Board of Directors

RE:Organigram Board of DirectorsThe BOD is a country boys club, where they collect Royalties and only job is to fire the CEO, which they failed to do so. Let's not forget its a Country Boys Club.( Boys includes women)

Ogi sold for $ 19.x M yes its 2 M less then last year, but we should not forget the Items were sold at a lesser price then last year. So actually it should be X more then last year if we put the Item price at par.

Problem with this Administration is that they issued around 100K shares that would be around 1/3 of the float thus diluting the share price by 1/3. Since then OGI did not acquire any co.  oh yes they put in $2M. into Bioysa......  Issuing shares at a cheap price, the latest batch was at 1.85  I wondered who they please, not the share holders. With their cashflow, what was the hurry to issue them. They could of issued them later at a higher price.


So these  100K shares have been use as an ATM by this Administration.  Other MJ co. have restructured or merged and their original CEO were told to move on while we still have Trophee Greg around.  

When will the BOD tell Greg, YOU're FIRED.
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