OGI trading at around 10x earnings - very very reasonable.If I am not mistaken, OGI is trading at the best earnings multiple than any other publicly traded LP. 10x annual earnings is really good in this sector. Compare for yourself.
OGI is efficient at producing its product, has sound management in place that knows how to run a business, and USB always looking forward to bettering itself (expanding production carefully, and soon to be partnering with a beverage company). Everything they do is methodical and calculated - all things that should make an investor comfortable. History has shown that this company can execute on its strategy and doesn’t get caught up in the hype to drive share price but instead drives it with fundamentals.
Most LPs are running on hype that will eventually run out of steam. Unfortunately OGI is getting caught up in all that for the moment m but in the long run the market will realize OGI is the winner in this field.
You cannot deny that it is efficient, has a quality product, good strategy and not a fly by night company.
I expect the following in the next few months - US listing, partnering with a major beverage company, continued accelerated growth in sales and return to profitability.
Mark my words, we will back in the 10’s by next quarter release .