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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 Beach21on Mar 07, 2020 11:39am
205 Views
Post# 30778969

Edison Bytes Milk Chocolate Sales Date one week

Edison Bytes Milk Chocolate Sales Date one weekThis is my best guess for the milk chocolate sales only, for the week. This number is for the amount of one and two Byte units added together for the week. 29/02/20 to 07/03/20 Total sales to the NB cannabis stores are around 2000 units. If OGI is selling each unit for around $5.00 per unit, then that's around $10,000.00 for the week in NB only. Which should work out to be about 36x10,000 for all of Canada, and that number is $360,000.00 for a week, for Edison Bites Milk Chocolate. $360,000.00 x 52 weeks and the grand total for a year, is some where around $18.7 million for the milk chocolate Bytes. Of course it is very early yet and the stores are still building up their inventory levels. It will be awhile before we know reliable numbers.
Many people have now tried the Bytes and by all reports they are very good chocolate. I think these could be big as many people no longer smoke and or vape. Now OGI needs to come out with a low level price chocolate bar. There will be many people in Canada who would not buy the Edison Bytes with their higher price. Give them a low price option.  
Bullboard Posts