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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 Wrywisdomon Jul 13, 2022 1:52pm
75 Views
Post# 34821401

ENTG Extends Primary Credit Facility with BMO/Others 2+Years

ENTG Extends Primary Credit Facility with BMO/Others 2+Years
For those not aware, Entourage has extended and improved it's primary credit facility with Bank of Montreal for two more years, furthering it's relationship with one of Canada's most prestigious and established financial institutions. 

It also has extended it's agreements with secondary lenders beyond two years, with the flexibility to pay only interest at the discretion of Entourage.

Add to that revenues soaring every quarter (now more than 60 million dollars over the past 4 quarters), and they are firmly positioned to implement the entirety of their extraordinariy multifaceted strategy in the recreational and medical markets;  as well as furthering their synergies with Boston Beer, Mary's Medicinals, Fire and Flower, and much more. 

https://stockhouse.com/news/press-releases/2022/07/04/entourage-health-announces-amendments-to-its-credit-facilities-to-improve-debt

ENTG Revenues  should exceed expenses by the autumn as the growth and expansion phase winds down, and the revenues from expanded production tiers soar.

Simply a stellar opportunity here.
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