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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 Retireyoungeron Aug 23, 2019 6:36pm
109 Views
Post# 30060719

I expect to see hostile takeover bids in the near future

I expect to see hostile takeover bids in the near future
I believe the industry may see hostile takeover bids coming in the near future. Most of the stocks out there now are near or past the 50% drop from their highs. These companies don't want to buy things at full price and now they just shaved half their value. Now they can give a 50% increase in bid price and there's still a chance at a major discount. Sounds realistic to me. As I mentioned before I'm in this for the long haul and wish I had more money to invest but I'm all in so I have to take things as they go. Can't say that I was ever really good at timing the market so I buy for the long-term. Market sentiment will turn as companies entered this industry to make money and there definitely is a lot of money on the table to be made. The bottom is close and ogi has many positives to drive the stock price up once momentum changes Glta
Bullboard Posts

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