Post by
insidersnoop1 on Jun 01, 2022 11:07am
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.
Comment by
jayc1 on Jun 01, 2022 12:45pm
Every metric seems better than when the stock was trading at 3 but stock price has gone down more than 50 percent