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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
Comment by itsnevertoolateon Feb 11, 2018 1:38pm
88 Views
Post# 27541192

RE:Prediction for current quarter results

RE:Prediction for current quarter resultsGreat post!..You have articulated a lot of the things that a lot of OGI investors have concerns about...you have touched on points that make a lot of sense..but..yet make NO sense, as far as OGI is concerned..first off..let me touch on their latest secured financing which as you have correctly stated works out to roughly $550,000 a month interest only..So here we are 2 weeks beyond that..which works out to more than a quarter million in interest..and not one news release..no acquistion..no news on the final completion of the expansion..no news on any international expansion..my worry has always been that this company falls horribly short on keeping investors interest ..but yet..is able to burn through money like it's going out of style..and sitting on a pile of cash,and doing nothing, scares th bejesus out of me, because as I have said before..they just don't seem to get it..so to answer your question, who knows with these guys?..I have/and still beleive that this stock has potential..but with each passing day, and NO NEWS OF ANY KIND.it becomes easier and easier to think that we may have invested in a company that is all talk..and really no action...sorry to have to say that, because I have been long and strong on this company..but Marc24 makes a lot of good points...Come on OGI..give us something to cheer about..I too will be seriously reconsidering my postion in this stock if something doesn't change in the very near future..I am in for 2.88 a share, so it's not so bad for me...but still..falling back from the $5.60 range is still quite a hit...
Bullboard Posts