OrganiGram Holdings Inc T.OGI

Still scratching your heads & wondering why OGI SP sucks?

[Bartkowsky]

It's because of OGI's tainted cannabis scandal that was exposed in March. 

OGI's use of the banned pesticides myclobutanil and bifenazate were discovered in March of this year when a cannabis shipment from OGI to Aurora was tested by Aurora, who found unacceptable levels of these pesticides.  OGI's explanation for allowing these pesticides to go undetected for months was because they were certified organic and therefore did not have to test for these illigal pesticides. And that is why they shipped thousands of grams of contaminated cannabis to their clients for months.  And it's not stock bashing when one simply writes and posts the truth: 
     
Globe and Mail

The Health Canada investigation could not determine how the banned chemicals got in there in the first place, but the truth will come out when the class action lawsuit being brought against OGI is heard next year.  That is why most prudent investors have stayed away from OGI's stock for fear of the damage to OGI's SP if/when they are found to be negligent.  And that is why OGI's stock price is languishing while all other major LP's have increased substantially. 

And OGI then had the nerve to re-apply for organic status after this debacle. Can't see that happening any time soon.
 
This is also probably one of the reasons why the New Brunswick government did not sign an exclusive M.O.U. with OGI and instead hedged their bets by also signing a M.O.U. with Canopy.