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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 Organifanon May 29, 2019 1:45pm
119 Views
Post# 29782257

OGI "Mighty Mouse" of Cannabis Space

OGI "Mighty Mouse" of Cannabis SpaceWhile the following article (link) concerns 3 Cannabis companies considered to be overvalued, the commentary on OGI is very positive.  OGI is still very much an unknown quantity in terms of analyst coverage.

"Personally, I think there's a lot to like about OrganiGram, although I wouldn't count on a 167% return every five months. This is a company with one of the highest yields per square foot in the industry, with management calling for 113,000 kilos of annual output across roughly 490,000 square feet of cultivation space. At more better than 230 grams per square foot, OrganiGram is producing at more than double the industry average yield.

OrganiGram is also bound to make noise with its push into derivatives, such as edibles and beverages. Derivatives boast considerably higher margins than traditional dried cannabis, making them perfect for companies looking to lift their gross and operating margins. OrganiGram, for its part, has blatantly said that it's looking for a beverage partner, and I'd be surprised if it didn't soon find one.

Though Wall Street's price target suggests selling, I wouldn't dare suggest giving up on this Mighty Mouse of the cannabis space."


https://finance.yahoo.com/news/3-marijuana-stocks-wall-street-103600437.html

Bullboard Posts