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Bullboard - Stock Discussion Forum 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... see more

TSX:OGI - Post Discussion

OrganiGram Holdings Inc > Canada’s canceled licenses, ‘uncollectible’ cannabis taxes
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Post by lionshare on Apr 13, 2024 9:12pm

Canada’s canceled licenses, ‘uncollectible’ cannabis taxes

Cannabis is hurting and these cannabis companies will be flirting with bankruptcy and as far as DEA goes this might turn out to be another false hope with everything going on I'll sum it up for you, Could, Maybe, Possibly, Might not, Slim chance, HIGH HOPES!!  I see an industry that's been built up by the media imploding!! 38 out of 50 States allow medical use already and 24 for recreational so you really think the DEA will save a sector where you can grow your own and just 1 plant gives you 8 months of cannabis to smoke plus Mexico saturates the market. This sector is DEAD MONEY! Low sale prices with high tax = ZERO PROFITS

Canada's canceled licenses, ‘uncollectible' cannabis taxes soar (mjbizdaily.com)
Comment by Matteo1234 on Apr 15, 2024 6:07am
Pappi. CGC and OGI will own the space. All gravy