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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 19, 2023 4:58pm
322 Views
Post# 35294486

because this practice has become

because this practice has becomebusiness as normal without respect for right or wrong and the increasing frequency where I imagine the justification is, everybody is doing it so it must be ok!

Commonshareholders are limited by their solidarity to respond as individuals by waiting it out or walking from their investment and eating their losses, mostly to preserve capital while they seethe because of their impotence to do anything about it.

The perpetrators of this are getting a free ride because of their belonging to a powerful group of investors that use this tactic of shareprice fixing and sticking togetherness because it is so profitable, even though it is defeating the purpose of the public trading markets.

North American moneymen don't have "saving face" doctrine like the Japanese do where they will restore their integrity for their survivors by taking their own lives which sort of leaves it up to some radical opponents to push for this type of solution because the securities commissions have to be involved if they continue to allow this type of practice.

Securities and govenment need to step up and do the right thing before some disgruntled investors square it up with higher stakes that don't include money.

Just because everybody is doing it doesn't make it right or legal!
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