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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
Post by fringelifeon Mar 07, 2017 2:35pm
204 Views
Post# 25945589

Organigram could become a bargain if they keep their license

Organigram could become a bargain if they keep their licenseThe only thing holding them back is the lawsuit and the pesticide use and no I'm not saying that it's no big deal, just saying those issues can be resolved. What can't be resolved easily is if their license is pulled, then we're looking at a dead stock. That being said, if they get cheap enough, then the best this stock may become is a buy out target. They have the facilities and another company that is licensed can get them back up to speed again. So watch for the developments, right now I'm not buying anything until I know for certain that they get to keep their license and that they can settle the lawsuits in a timely manner. This used to be one of my fav stocks, which I sold back in January after hearing story after story of pesticide use and recalls.
Bullboard Posts