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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 hyacon Nov 16, 2019 8:15am
122 Views
Post# 30359757

What a week!

What a week!Now, that that all the financial results are out, I'm hoping for some positive results. I think it was a good strategy to release preliminary results this week when all the cannabis stocks are falling. The real Q4 results should show some positive news (like the cost per gram of production) and all the bad news are out. Our low cost production and our cautious approach with the money spending will save us and on the long run, we should be one of the major lp in Canada. I looked at Zenabis price, and after searching a little bit, I saw that they need to pay a big debt in june 2020 and don't have the money. Companies like that could disapear from the market and Organigram could take avantage of that. The quality of the products is good, lowest cost of production in Canada, canabis 2.0 coming with great products, good strategic investments in other companies (like Hyasynth); I think the future is bright even if there is a big cloud right now :)
Bullboard Posts