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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

Bullboard Posts
Comment by Djwburron Dec 07, 2016 12:53pm
81 Views
Post# 25566606

RE:RE:Is the expansion made of Italian Marble?

RE:RE:Is the expansion made of Italian Marble?Correct... if you consider this as a lab which I would think it pretty much is since they are growing medical grade cannabis, the cost per sqft is definitely up there. Especially if you consider the security that needs to be added as we're still dealing with a Schedule 2 substance and Health Canada requires the premisis to be very secure which increases costs. In addition, when you are building a multi-million dollar facility you have to plan for cost overruns because they do happen. I don't see any issue with the $40M capital raise. 
Bullboard Posts