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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 Goldrush86on Nov 14, 2019 11:16am
76 Views
Post# 30350811

Long term

Long termThis isn't a short term investment in my opinion, Canadian legalization was a huge hype that pushed the stocks higher than anyone expected. Obviously the industry isn't going to make billions in the first year as people hoped. OGI did manage to increase sales growth by over 500% in the first year, that's very appealing to a long term investor like myself. Stock price crashing down back to eath was the entry point we've been waiting for. Queation is when will it bottom out ? thats when you buy and sit on it for 5 years and actually give destribution the time to catch up with suplly thus forming a multi billion dollar industry as the analysts predict. This stock will be up over 10$ again imo.

Just think of how many people are partaking in the wacky tabacky in the first year, this is only the begining. 

GLTA
Bullboard Posts