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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 Feb 25, 2019 7:09pm
110 Views
Post# 29411755

RE:VWAP $7.88 day 9

RE:VWAP $7.88 day 9
scruffman wrote: One more to go


While I hope and think they will force the conversion, it does not happen automatically.  The company has to initiate the conversion.  I can envision several scenarios where management may not want to convert the debentures into shares.  An example is if a portion of the debentures are held by a party who also owns a large number of shares.  Management could opt to side with the needs of a long term strategic debentureholder over the desires of shareholders.

we will find out soon enough!
Bullboard Posts