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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 GobbleGobbleon Dec 12, 2016 3:42pm
60 Views
Post# 25587791

RE:RE:Expecting great things from this company

RE:RE:Expecting great things from this companyFrom Organigram Q3: MD&A

For ALL of Quarter 3: EBITDA (Excluding FV Adjustment for Inventory) = $8,070

From Oranigram News Release on Nov 16: https://www.stockhouse.com/news/press-releases/2016/11/16/organigram-provides-operational-update-and-strong-financial-results 

The Company is also pleased to provide preliminary unaudited financial updates which highlight the continued momentum in production and sales and a fortified balance sheet. Selected highlights include:

  • EBITDA2 (excluding fair value adjustments to inventory and biological assets) for the month of August, 2016 of approximately $274,000
  • Cash flow from operations for the month of August, 2016 of approximately $263,000
  • Over $1.0 million in net sales for the month of October

Sooo.. just looking at EBITDA (which for an industry that is not mature this is what analysts and investors must look at when making valuation) $274,000 - $8,070 (that's a large increase QoverQ)

Thank you see you all much higher tomorrow :)

Bye bye shorts

Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.ogi&postid=25587778#00P0AYvpZID5JgFW.99
Bullboard Posts