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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 dothemathpeopleon Jun 30, 2023 7:34am
122 Views
Post# 35521817

RE:RE:RE:OGI REPORTS 13 TH JULY

RE:RE:RE:OGI REPORTS 13 TH JULYThis is a bad move.  FORCING this expensive, heavy, unecessary listing, when the time is not right; cause times have changed.  These forced nasdaq listings often go south in a big way, specifically in the short term.

I followed FCC, which became ELBM.  They did an 18:1 RS to list on the Nadaq...they reached around $6/share.

They went str8 down and continue to do so; now $1.35.  The insiders sold at the top, after the listing.  They have NOT raised any U$ funds since the listing.  They are ALREADY in danger of having the nasdaq listing reviewed...less than a year in.

OGI does not need this listing.  But it seems that the smart guys in their room, cannot get out their own way.  EGO's driving the bus.
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