OrganiGram Holdings Inc T.OGI

BAT coughed up a nice premium

[geodcan]

for that 20% of OGI.  It was equal to close to the marketcap of the day.

Of course the yardstick of value for pot companies is the good old accounting system and not irrational exuberance that drove potstocks to crazy high prices back in the good old greenrush days in Canada.

The US ran up the same as Canada's potpreneurs but the LPs are getting treated a little harder than the MSOs.

Canada's potpreneurs are getting a little cooperation from law and policy makers but most have the US in the crosshairs and BAT stepped up with that significant investment to take on some more OGI so they expect to get a return on investment.  They were braver than some of the others but there will be more to come.

The US has a great opportunity to crunch the best out of all the bills they have presented and truly get their legalization done properly with input from potpreneurs to keep them on track as to what they need to be successful.

It is a start and I am sure that some other biggies are interested in some of the LPs.

[BiggyG]

Once the cannabis banking gets sorted out and we go from schedule 1 to schedule 3 in the US, the sky will be the limit for companies as well run as OGI. May have to wait for 2024 election to pass https://mjbizdaily.com/how-schedule-3-could-impact-marijuana-sales/

[geodcan]

Getting some fair banking set up for the marijuana hopefuls in the US certainly can't hurt. I really want to see some Fed level legalization that should solve most of the problems and roadblocks set up by US law and policy makers. They wove in a lot of ways out but leaving the pro-pot States in the precarious predicament they are in with their handshake deal to let the individual States