OrganiGram Holdings Inc T.OGI

Alternate Symbol(s): OGI

Healthcare Cannabis

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

OrganiGram Holdings Inc

Bullboard Posts

Comment by Marc24on Jan 10, 2018 9:29am

234 Views

Post# 27321674

RE:RE:RE:Organigram Announces $100 Million Bought Deal Financing

Typically you don't borrow that kind of money without a use for it as OGI will incur interest expense with no offsetting benefit.

So, while this is good and interesting news, the real question is what is the plan for the money? Engel moved Tilray into export markets. I wonder if that's the strategy with OGI? If so, how will the $100 m be spent? (Buying a European MJ producer?, Setting up an operation overseas? Something else?)

Time will tell. I regret selling half my position at $5.

GLTA.

Marc24

Bullboard Posts

Investor’s corner: Solving chronic pain in dogs – A significant market opportunity