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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 Aug 20, 2019 12:43pm
176 Views
Post# 30047138

The days of easy money are long gone!

The days of easy money are long gone!For those that have been invested in OGI for a few years now would have seen how share prices were determined by hype and future projections. That is what caused the type of crazyness we witnessed when Tilray was pumped up...pity the poor sucker that bought it at $300 U.S. When legalization happened hype was still in play, but that has been rapidly changing as investors begin to clue into the fact that valuations of some of the big players were beyond ridiculous given what they were actually producing and selling. Approaching the 1 yr mark of legalization, uneasy investors now more than ever want to see profitability. At least the prospect of doing so. When the big guns come out quarter after quarter with multi million dollar losses everyone feel the hurt. OGI is the one stock I continue to believe has the most upside, although that is easy to say when we are down 40% from our ATH and that is after getting many positive news announcements like Nasdaq listing, BMO extending credit, grow room expansions, TSX listing etc...none of those things have been enough to keep our share price elevated, in a sector where scandals underachieving and wild reckless spending have prevailed. OGI has a solid management team who is strategically and methodically building up and building out, but it's my opinion that until we get a strategic beverage deal we will most likely drift further downward and won't stabilize until we get some positive sentiment in the sector and investors feel more at ease. I am long on OGI and think when edibles hit the market it will definitely make a difference, but as long as other lp's continue to disappoint and underperform it might seem like we are ALWAYS swimming upstream. OGI will come through as an industry leader. We just have to stay positive and patient....the days of easy money are gone unless your a shorter or a day trader and happen to get lucky....glta
Bullboard Posts