OrganiGram Holdings Inc T.OGI

Alternate Symbol(s): OGI

Organigram Holdings Inc. is focused on producing cannabis for patients and adult-recreational consumers, as well as developing international business partnerships to extend the Company's global footprint. The Company, through its subsidiary, Organigram Inc., is a licensed producer of cannabis, cannabis- derived products and cannabis infused edibles in Canada. It has also developed and acquired 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 specializes in vape and infused pre-roll categories backed by a portfolio of owned brands, including the BOXHOT brand. Its products include pre-milled flower, pre-rolls, weed gummies, shred x vapes, and extracts. It operates facilities in Moncton, New Brunswick and Lac-Superieur, Quebec, with a dedicated edibles manufacturing facility in Winnipeg, Manitoba. Its subsidiaries also include 10870277 Canada Inc.

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OrganiGram Holdings Inc > OGI is now set to be a POWERHOUSE in the market !!!!

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Comment by 1hot-techwomanon Dec 18, 2024 9:38am

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RE:RE:OGI is now set to be a POWERHOUSE in the market !!!!

1hot-techwoman wrote:
1hot-techwoman wrote: "The highly complementary acquisition of Motif establishes Organigram as Canada's largest cannabis company by market share and accelerates our vision to be a leading cannabis company across all major categories, driven by a relentless focus on the consumer of today and tomorrow," said Beena Goldenberg, CEO of Organigram. "Winning in Canada, the world's largest federally legal recreational market, supported by leading brands and best-in-class operations, innovation and product development, provides the platform to unlock global opportunities as evolving attitudes towards cannabis drive regulatory changes in new and exciting markets," she added

Motif Highlights
  -- Grew from $35 million in net revenue in 2022 to $79 million in 2023 and has generated approximately $86 million in LTM4  -- Delivered 15 consecutive quarters of positive adjusted EBITDA5  -- Maintained a #1 vape position for over two years, with a current market share of 21.2%6 supported by the strength of the BOXHOT and DEBUNK brands, backstopped by vape manufacturing capabilities of over 1 million units a month  -- Currently the #3 position and growing in IPRs6 and growing market share supported by monthly IPR manufacturing capabilities of over 750k units per month -- Deep expertise and proven efficiency at various extraction methodologies such as hydrocarbon, ethanol, and CO2 -- Capable of producing 1,350 kg of distillate per month and 400 kg of hydrocarbon derived extracts -- Extraction breadth of expertise and efficiencies support various ready-to-consume categories that require traditional inputs such as THC and CBD but also more innovative and novel products that use minor cannabinoids such as CBN, CBG and CBC -- Production of THCA, a highly sought input to the production of the fast-growing IPR market, is also a key core capability of Moti Wow will be adding more upon open :)
Congrats Beena to an Amazing Q4 !! I knew you would not dissapoint your a smart Cookie :)

This Q4 just solidified where this company is going :) $$$$$$$$$$$$$$ !!!