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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

Post by Potguruon Aug 16, 2021 8:57pm
343 Views
Post# 33714977

Lost Confidence

Lost Confidence I exited OGI last week. Have held them since legalization. I always considered them a diamond in the rough. My cost was $3.61. I broke even, thank god ! When they hired Beena as CEO, I could no longer trust management. After what she did to FIRE, selling the company at rock bottom share prices was despicable. I had read that she wasn't very shareholder friendly. Todays blatant manipulation convinced me that I made the right choice. Someone big is after this company, and I suspect BAT. I'm expecting, perhaps a reverse split to further dilute shareholder value. She did it with FIRE. With OGI only 4million from profit, I suspect they will make their move in one or two quarters before they become too profitable. I loved this company, but the reality is, this sector is full of crooks! Good luck to all.
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