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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
Post by MrHappy420on Jun 18, 2018 3:33pm
300 Views
Post# 28187792

Just got an email back from IR

Just got an email back from IR Here is comment from our Chief Legal Mike Tripp - 

" Thanks for your enquiry.  The proposed class action certification hearings commence tomorrow and may run several days depending on the length of the arguments.  After the hearings, it may be 3 to 6 months prior to the Court rendering a decision in respect of whether the class is certified.  If the class is certified (in whole or in part) it may be years before the substantive hearing occurs (if the parties do not settle before that date).

While our policy is not comment on ongoing litigation, I can confirm that we will be vigorously defending this action along with our insurer.

Thank you again for your support of Organigram."
Bullboard Posts