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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 geodcanon Feb 18, 2023 5:55pm
242 Views
Post# 35293946

sometimes

sometimesmanagement can't fix what the gangster bankster marketmakers are doing.  When they get the sheeple moving towards the cliff it just becomes a spread play for big money who can afford to short and they get relentless without care whether they kill a company with good potential.  

It is easier when there is general malaise and discontent with the sector as a whole.  Marijuana has had a tough time and a huge fall to complete as the underfinanced or those incapable of getting reasonable cost financing succumb to non-existance.

Organigram is in pretty good shape compared to most and at one time I heard that there was interest from US MSOs but don't hear much about that since Canopy announced cutting their losses in Canada in favour of launching in the US by pulling all of their US interests together as a huge MSO.

This strategy that is embraced by the marketmakers is making it such that commonshare investors don't want to play anymore because it is more of a transfer of investment to the bullies on the block.

It kills companies of good potential for short term gain for a few without consideration of what it is doing to this last resort of financing for startup companies.

glta and dyodd
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