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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

Comment by MisterGRPon Nov 30, 2020 12:34pm
178 Views
Post# 32001059

RE:RE:Organigram Reports Fourth Quarter 2020 Results

RE:RE:Organigram Reports Fourth Quarter 2020 Results

You are right, there was bad mixed with the good, but at least this time we had some good which is a big improvement from the previous 2 or 3 quarters. At least they showed that so far their plan is working and they are turning the corner. 

Having owned numerous businesses I understand that when you lower prices or have a sale, your sales go up but you are making less profit on the inventory sold but you are gaining exposure and clientele and both of those for OGI are extremely important. 

considering how much the share priced has increased lately, I am so far pleased with the reaction of the traders, if we had another quarter like the last couple, well lets just say, it could have been a lot worse! 

Now if they can keep the momentum going on the new products and as reported compliment those positive selling products with new ones, oh and keep the cost of sales down, we should be in good shape next quarter. 

My thoughts anyways, best of fortune to all and stay healthy and safe. 

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