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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
Comment by olive15on Nov 15, 2019 11:09am
79 Views
Post# 30356551

RE:Call options

RE:Call optionsAdd Intact Investment (Toronto), buying 230,000 shares on Wednesday. Evoke Wealth (LA) bought 500,000 on Tuesday. Oh wait, why are they throwing away millions? Don't they know the sector is dead! OGI is going under $1! Agh, the days of legal weed are over and I have to return to my street dealer! Apparently, some people making large investments are taking the long view, not caving to present hysteria. It's a new industry. With Uncertainties. Missed expectations. Hype. And now that the industry is resetting, the common response is to spread blame for misfortune. Sure, the sector has been hemorrhaging. But it will stop. A floor will be found.Supply/demand issues will be worked out. Winning companies will be separated from losers. Unlike Canopy, Aurora, Hexo ... OGI did not over build, write down poor investments, issue +1 billion shares (ACB), fire hundreds of employees or generate hundreds of millions in losses. While there has been much hand wringing over Greg & Co's lack of press releases, compared to its peers, I still say OGI is best of the bunch. And that Intact and Evoke are wisely feasting on the carnage.
Bullboard Posts