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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 insidersnoop1on Jun 01, 2022 11:07am
255 Views
Post# 34723289

LEST WE FORGET............

LEST WE FORGET............OGI is in Moncton, New Brunswick, Canada where cannabis is legal throughout the country. Their startup was financed by Provincial government grants and employee training subsidized by government also. They have easy access to banking services with Credit Union accounts. Their association with British American Tobacco is great for free management and manufacturing advice. In addition to their 2021 investment, BAT recently bought 2,659,716 shares at 2.39$ CAD on February 28, 2022. I'm waiting for BAT to buy out OGI before end of 2022 with an all share offer in BAT (see BTI on NYSE). There paying 8.15% annual dividend on quarterly basis. OGI is the right size to profit in the legal Canadian market and will at least double with a takeover.
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