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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
Post by itsnevertoolateon Apr 12, 2019 9:04pm
115 Views
Post# 29621799

Confident Greg will hit it out of the park Monday!

Confident Greg will hit it out of the park Monday!We've all seen how Greg operates..He's articulate, smart, no nonsense and straight to the point. When he mentioned a couple of months ago when OGI was only a month into the second quarter, he already knew that the results were going to be at least double of the previous financials. There is no way that he would put himself in a compromising position and have  to backtrack on his words,or open himself to possible litigation. He's far too smart and savvy for that. One thing I have noticed about Greg is that he backs up what he says by actions..and that includes wanting to be the lower cost producer per gram in the sector (which we are by far)..he has been diligent in getting the additional grow rooms to come on line and pretty much on budget (and they are already funded,so no additional financing should be required to bring us up to 113,000 kg of production by next year. I could go on and on, but those are 2 key things he has delivered on. In the whole scheme of things when you think about it, we are still in the infancy of legalized marijuana. It has only been 6 months since it became legal although by times it seems much longer (especially when you are an investor). I am as guilty as anyone for wishing things would happen sooner in terms of making money from my investment, but we still need to be aware that there were and are a lot of growing pains to contend with..We are just fortunate to have someone of Greg's caliber at the helm..Remember only a couple of months ago we were struggling to hold $7 to convert debentures into shares..I think we tried 3 times before the last time we moved over and held it..since then we have moved beyond that even up to $10 and we've fallen back from that even, but we'll be back there quickly I would think. Greg has never under-delivered..if anything he over-delivers..and it's better to build a business by being honest, transparent, fiscally responsible and prudent,then it is to be making promises that can't be kept. That is the big reason there was ever a shortage of weed in the first place..Promises made to deliver product that couldn't be met. OGI was the only one that had the foresite to prepare for the demands, and I believe the results on Monday are going to show just how prepared they were. The results,should speak for themselves.I think the sector is thirsty for a lp to show that it can be done..and done right, and I believe the markets will be receptive. The most important thing to remember is that investing is a tough game and can be frustrating and ruthless by times...This of course is only my opinion, and it is not my place to try and convince anyone as to how to conduct their investing strategies. Let's hope Greg comes through once again Monday and we all are smiling at the end of the day..Good Luck Everyone!
Bullboard Posts