RE:RE:Task Force ReportAfter the bought deal we will be north of $3.55 guaranteed.
Then we have financials and guidance which will be positive as expected and aligned with the results of peers.
We have the task force expected to be released just before Christmas during a time when investor euphoria is high. Leaks already show that LP's will be positively situated to capitalize to begin with.
Metrum was just bought by Canopy which sets a benchmark for valuation (comparables with precedent transactions).. That transaction was great for OGI - helps establish their value more clearly; and shows that we are still undervalued.
Lastly, legislation in Spring 2017.
Easy to think we will be north of $6+ by Spring.
Cheers all!
TripleBagg3r wrote: Bought deal needs to close asap, looks like another day of consolidation here. Need to break that 3.55 level before i get back in, double topped there yesterday
HalfWave wrote: LP's for production,
Each province decides their own fate for distribution.
OGI CEO let us know this is how it's going to roll out on BNN.
AMAZING news coming.
https://www.bnn.ca/video/organigram-ramping-up-expansion-plans-ahead-of-rec-market~1007424
OGI will be $6.00 this month.