LATEST NEWSTime to switch ? Consider this :
According to INK Insider Reports, British American Tobacco (BTI on NYSE) recently bought 2,659,716 shares of Organigram (a Canadian cannabis company) at 2.39$ CAD on February 28, 2022. This is after BTI invested 221 million CAD$ for 19.9% of OGI in March of 2021. OGI is in Moncton, New Brunswick, Canada where cannabis is legal throughout the country. Their startup was financed by Provincial government grants and employee training subsidized by government also. They have easy access to banking services with Credit Union accounts.
Their association with British American Tobacco is great for free management and manufacturing advice. I'm waiting for BTI to buy out OGI before end of 2022 with an all share offer of BTI shares. BTI pays an 8.5% annual dividend on a quarterly basis. OGI is the right size to profit in the legal Canadian market and will at least double with a takeover.
Organigram CEO and CFO bought shares of their own company last week. What do they know that we will know soon ? Thank me later.....(P.S. OGI trades on NASDAQ and TSX).