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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 Nov 14, 2019 10:55am
67 Views
Post# 30350633

Analysts should share some blame on current sector mess

Analysts should share some blame on current sector messIt's funny (well not really), but the more I think about it maybe because it is a brand new industry, perhaps the analysts have underestimated the start up complications and expenses of trying to get businesses up and running, and to attempt to be profitable. I am not an analyst and far be it for me to tell them how to do their jobs, but maybe they are setting their expectations and targets too high given that there are many day to day factors that lps experience that the analysts may not have even thought of or took into consideration.I not suggesting in anyway that lps should be let off the hook if they are underperforming or being fiscal irresponsible and I think to have expectations put on them is fair ball...but maybe in this relatively short window of time the expectations were perhaps lowered a bit and targets were eased a bit to give all the benefit of the doubt, the markets might be reacting quite differently at the moment to financials and mj stocks would not be punished as much as they have been lately..after all, analysts are only human and I am sure there opinions and forecasts are subjective at best..I think the big problem was right out of the gate, hype drove valuations of some companies like Tilray and Weed to rediculous heights before legalization was even proclaimed..and since then there has always been the expectation to perform and as we have seen, that since then, most of the players cannot meet the targets that are put on them and we have seen it play out again today and this whole week in the sector..maybe analysts should share part blame as well on what we are witnessing. I may be way off base here but it is something I have been thinking about a lot..especially this week..if anyone wants to weigh in and has perhaps another slant I'd be happy hearing it...remember..I said they should share "some of the blame"..not all...some companies have brought the problems on themselves for a variety of reasons
Bullboard Posts