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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

Post by 7Twiggyon May 05, 2021 3:18pm
125 Views
Post# 33133839

US volume outpacing Canadian volume by a mile

US volume outpacing Canadian volume by a mileHas anyone else noticed that Organigram shares are trading over a 5 to 1 ratio on US
exchanges versus Canadian Exchanges.  Today 5.4 million in the states compared to 1 million in Canada.  I think it is only a matter of time before Organigram joins forces with one of the multi-state operators.  They recently purchased an edible plant in Winnipeg from Agra.  Agra also has a large property not too far from Organigram Headquarters.  Wonder if Organigram also has their eyes on this property which already has bricks and mortar. Agra also has one of the largest growing facilities in Canada.  If Organigram is looking to expand into the US, taking over this operation could be a real plus.  Agra is trading for peanuts and well worth the price.  If Organigram does not get it, one of the Multi-state operators could be in line.  Elise Coppens,  CEO already has a good relationship with Organigram having just sold them the Winnipeg editable facility for Organigram shares. Coppens has already stated she is looking at getting into the lucrative US market. Agra in the process of cleaning house.  A new CFO appointed today.  Remaining old time management and directors would most likely be shown the door with any kind of merger. It would be an odd way to get their shares back by taking out the company that holds them.
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