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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
Comment by itsnevertoolateon Jul 26, 2019 12:32pm
62 Views
Post# 29964459

RE:RE:Auxly gets $123 million investment from Imperial ..WTF?

RE:RE:Auxly gets $123 million investment from Imperial ..WTF?
scruffman wrote: Itsnever, a lot of it has to do with chemestry and fit not size and performance. I'm guessing Greg is holding out for the big whale...pepsi, coke, red bull, diageo ....etc. Not sure a tobacco company would make sense for ogi. 
itsnevertoolate wrote: AUXLY lost 66.98 million in 2018
Lost 13.61 million in Q1
Market cap 442 million
Gets a 123 million investment from Imperial Tobacco


Am I missing something here?

Perhaps I didn't phrase that right...wasn't suggesting that OGI be the one they team up with...the point I was making was that Imperial is ready to invest 123 million in a company that has less than impressive results in my opinion. They must be eager for a partner is all I can say...I agree 100% that a big beverage deal is the way for OGI to go....just hope as someone has already stated that it's not Tinley..Hopefully, as you say an alliance with Pepsi, Coke or Monster Energy would be the ticket.




Bullboard Posts