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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 Mar 28, 2018 8:33am
103 Views
Post# 27792846

RE:RE:Thoughts on today?...Anyone??

RE:RE:Thoughts on today?...Anyone??Good post Marc 24. You make lots of logical points. It is indeed hard to understand why stocks do what they do from day to day that's for sure..but one thing you are 100% correct on in my opinion...is that OGI continually seems to flounder a bit in either one direction or the other..like a listless ship looking for stability and balance...AND.. as you so correctly stated..OGI's news releases are indeed erractic, inconsistent for sure..and confusing..absolutely. I have stated my concerns before as well about. them borrowng all that money and paying roughly $575,000/mo interest on it..and almost 2 full months out now, there has been no earth shattering annoucements at all. It makes no sense to me that they would have commited to borrowing that kind of money without having had a specific purpose in mind for it.. but as of yet from an investor perspective we are no further ahead..and of course...the share price doesn't know where to settle because there are just so many unknown factors with these guys..it would be nice if they would come out and announce something tangible, like either a buyout or an acquistion....that liekly would give the stock some stability, rather than them just sitting on a pile of cash that they have done nothing with yet other than accumulate $1 million 150 thousand in two months worth of interest with nothing to show for it..very frustrating for shareholders to see this happening and doesn't add any stability to share price..let's hope there is something in the pieline soon...GLTA
Bullboard Posts