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OrganiGram Holdings Inc T.OGI

Alternate Symbol(s):  OGI

Organigram Holdings Inc. is focused on producing cannabis for patients and adult-recreational consumers, as well as developing international business partnerships to extend the Company's global footprint. The Company, through its subsidiary, Organigram Inc., is a licensed producer of cannabis, cannabis- derived products and cannabis infused edibles in Canada. It has also developed and acquired 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 specializes in vape and infused pre-roll categories backed by a portfolio of owned brands, including the BOXHOT brand. Its products include pre-milled flower, pre-rolls, weed gummies, shred x vapes, and extracts. It operates facilities in Moncton, New Brunswick and Lac-Superieur, Quebec, with a dedicated edibles manufacturing facility in Winnipeg, Manitoba. Its subsidiaries also include 10870277 Canada Inc.


TSX:OGI - Post by User

Bullboard Posts
Post by Anytime7on Mar 23, 2017 5:23pm
193 Views
Post# 26022772

Ogi and pesticides

Ogi and pesticidesFirst post and probably last on here, OGI had a very small issue with the pesticide in the big scheme of things. Health Canada had a clarification letter out stating that the level of pesticide was 500 times less than the allowed limit under US guidelines. Both Mettrum and OGI would not have even been considered a recall if this was the US. They are testing every grow room along with health Canada to ensure this never happens again. They will receive their organic designation back with in a short time as they have now proved they are going above and beyond health Canada requirements and will set a new bench mark for others to follow. None of the above is speculation, take it how you will. The new CEO was brought in from Tilray after not being happy with the direction Tilrays new owners from the US are taking it. He has a proven track record and is a well respected leader in the sector. They are very much a takeover target with the new facility coming on line and they are producing at approx 1$ per gram. Take over price would be nothing under $8-10$ Looking at future value with legalization.
if you read  the news release from canopy this morning its common knowledge the patients are growing, demand is growing and producers can't keep up. Investing in licensed producers right now would be like investing in amazon in 1997 or apple. I really hope the badgers on here are only bashingbtontry to get price down to buy into the sector as much as possible, however, if you really think OGI or MJ sector is not a good investment then you should not be allowed to invest or have an opinion, because you are frankly just an idiot.
cheers all
Bullboard Posts