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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 Marc24on Dec 18, 2017 4:29pm
129 Views
Post# 27181923

RE:My reflection on this quarter's numbers

RE:My reflection on this quarter's numbersThe one additional observation I wanted to include is the negative fact that they took a 1 million hit to write down the value of product that did not meet the company’s quality standards.  I assume this was for product grown post recall as they would have said it was included in the recall costs.

Is this ja reflection that they had/have problems with recent crops?  Will these charges be recurring?  Hmmm mm.

Marc24
Bullboard Posts