OGRMF Organigram (OGRMF)

[StevenRisk]

With a good ER I believe we end the month over $2.

[Sonnyusa]

Well it looks like the partnered with the best. I think it's for there "proprietary software and security systems" and knowledge, so there growth can keep up with the demand. The price was under a half mill but there some additional cost that they did not elaborate on. It still seem like Ogrmf is the best bet in Canada and I like the way there building there foundation for the future.

Questions...anything they produce most it stay in Canada?

[Goodbuddy4863]

I failed to see the significance of this P/R

http://www.marketwired.com/press-release/organigram-enters-exclusive-partnership-for-oils-extracts-and-edibles-tsx-venture-ogi-2154846.htm

Can a Marijuana business expert please explain the impact of this agreement with TGS international.

Will it help us in Colorado or help us in Canada.

Looks like it will benefit TGS International more that it will OrganiGram.

Why doesn't OrganiGram buy them outright?


Note:
The fact could be that TGS has multiple extraction methodologies that OGI needs to make more strains available for selling a wider variety of products.

Any Comments?

[Sonnyusa]

first college in the mj industry!

[StevenRisk]

Nice little dip. Will add a few more tomorrow as cash is freed up. I feel like this is very safe money for anyone looking to have safe money with a 1-2 year time frame as this story continues to unfold. Of course IMO.

[john1311]

Clever people. First movers on the education front.
Look at any industry, and the amount of schools and colleges feeding them employees.
The same with canna.
The industry deserves more educated workers.
Cheers to education.

[Magnum7419]

looks good !!!!!!!!!!!!!!

[Sonnyusa]

Mags this is my list of favorites in order...1 Ogrmf 2 Kush 3 Sgby. I'm heavy in Ogrmf

[Sonnyusa]

New Brunswick college plans to launch marijuana cultivation course

A college in the Atlantic Canadian province of New Brunswick plans to institute a program on marijuana cultivation so that students can be trained to work at local companies that produce the drug, a school official said on Tuesday.

The French-language College Communautaire du Nouveau-Brunswick will launch the course sometime next year, said Michel Doucet, executive director of continuing education and customized learning.

Canadian Liberal Prime Minister Justin Trudeau campaigned last year on a promise to legalize recreational marijuana and the government has said it would introduce legislation by the spring of 2017.


Medical marijuana is already legal across Canada, and companies in that relatively small sector have been eyeing the larger recreational market with expansion in mind.

In August, the government of New Brunswick, where the college has five campuses, said it invested C$4 million ($3.03 million) in a medical marijuana company that will create up to 208 jobs in the region.

Doucet said the school was still determining the exact details of the program, including class size and the length and frequency at which it will be conducted.

“This is not a mainstream program,” he said. “We’re looking at training qualified employees to meet the needs of industry, versus training students at large.”

Colleges in Canada differ from universities and grant mainly diplomas instead of degrees. Doucet said the school had not yet determined whether it would be a full diploma program.

New Brunswick, with a population of roughly 750,000, has suffered from a weak economy, and westward migration has caused a brain drain and shrinking population.

[StevenRisk]

Build it and they will come. Another great day IMO with lots of red within the sector!

[GreenBrickRoad]

Just chilling at $1.80 today. Seems to want to go higher. I'm holding on for now.

[Goodbuddy4863]

I mentioned Grow Area this morning on the other Board and Instantly OrganiGram Pulls this P/R out of a Hat.

Organigram Completes Purchase and Expansion Design of Property

http://finance.yahoo.com/news/organigram-completes-purchase-expansion-design-100000060.html

"The acquisition, which includes a 136,000 square foot building situated on 10 acres of industrial land, facilitates the Company's phased expansion initiatives related to cannabis production and extracts processing. The Board of Directors has approved the initial buildout of approximately 70,000 square feet. This phase of construction will bring Organigram's annual production capacity to approximately 16,000 kg of flower, and approximately 6,400 kg of fan and sweet leaf. The planned expansion also includes a state of the art 20,000 square foot commercial scale oils and extracts manufacturing facility that is engineered and designed in collaboration with our partners in Colorado, TGS International LLC. This phase of our fully funded expansion will commence immediately and is expected to be completed and operational by the fall of 2017.

The remaining square footage of the acquired building is being subleased by OrganiGram and provides the Company with approximately $777,000 in lease payments and shared operating costs on an annual basis. This allows the Company to keep its overhead low and to pursue the expansion initiatives in a more cost effective manner."

Note:

This Buy Transaction will not be reported on this Next Quarterly Report on the 25th of October so, it will insure 3 straight Quarters of profitability for OrganiGram

It doesn't get any better than this Folks.

One smart CEO and one smart Financial Advisor = XIB

[OuOkcThunder]

Organigram Completes Purchase and Expansion Design of Property

10/11/16, 5:00 AM
MONCTON, NEW BRUNSWICK -- (Marketwired) -- 10/11/16 -- OrganiGram Holdings Inc. (TSX VENTURE: OGI)(OTCQB: OGRMF) (the "Company" or "OrganiGram") is pleased to announce the closing of its previously announced acquisition of the industrial property adjacent to the Company's existing facility in Moncton, N.B.

The acquisition, which includes a 136,000 square foot building situated on 10 acres of industrial land, facilitates the Company's phased expansion initiatives related to cannabis production and extracts processing. The Board of Directors has approved the initial buildout of approximately 70,000 square feet. This phase of construction will bring Organigram's annual production capacity to approximately 16,000 kg of flower, and approximately 6,400 kg of fan and sweet leaf. The planned expansion also includes a state of the art 20,000 square foot commercial scale oils and extracts manufacturing facility that is engineered and designed in collaboration with our partners in Colorado, TGS International LLC. This phase of our fully funded expansion will commence immediately and is expected to be completed and operational by the fall of 2017.

The remaining square footage of the acquired building is being subleased by OrganiGram and provides the Company with approximately $777,000 in lease payments and shared operating costs on an annual basis. This allows the Company to keep its overhead low and to pursue the expansion initiatives in a more cost effective manner.

"We are fortunate to be able to consolidate the acquired property with our existing location and transition to the next phase of our expanded production platform immediately. We believe that we have positioned OrganiGram to undertake incremental production and processing capabilities in a timelier manner than most of its competitors. Having a blue chip tenant occupy the space which we don't currently require, allows us to execute this expansion more cost effectively and gives us the ability to utilize our newly acquired space in ways that create value for OrganiGram shareholders," says Denis Arsenault, Chief Executive Officer of OrganiGram.

For more information, visit www.organigram.ca

About OrganiGram Holdings Inc.

OrganiGram Holdings Inc. is a TSX Venture Exchange listed company whose wholly owned subsidiary, OrganiGram Inc., is a licensed producer of medical marijuana in Canada. OrganiGram is focused on producing the highest quality, condition specific medical marijuana for patients in Canada. OrganiGram's facility is located in Moncton, New Brunswick and the Company is regulated by the Access to Cannabis for Medical Purposes Regulations ("ACMPR").

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, crop yields - that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts:
OrganiGram Holdings Inc.
Larry Rogers
Chief Operating Officer
[phone]

OrganiGram Holdings Inc.
Giselle Doiron
Director of Investor and Media Relations
[phone]
www.organigram.ca

Source: OrganiGram, Inc.

[StevenRisk]

Please post PR. TIA

[OuOkcThunder]

Should be nice increase today with expansion news out today

[OuOkcThunder]

Proud owner of this stock as of today bought in higher than i wanted to but I'm in.... Let this monster out of the cage I see continued growth for a long time to come

[StevenRisk]

Certainly have to love the action here on Columbus day. Excellent volume and definitely not looking like a top. Tomorrow should be very interesting. We could see $2 this week IMO.

[Goodbuddy4863]

This is an Old Article about the Grow Space for OrganiGram:

http://globalnews.ca/news/1485353/monctons-medicinal-marijuana-company-plans-further-expansion/

By reading this article You can tell for sure that by now they have at least 60,000 Sq. Feet of Growing Space.

“We’ve cultivated our first crop about two weeks ago and it’s currently curing and we will be able to ship the product in a couple of weeks,” said Denis Arsenault, CEO of OrganiGram. “We are currently under construction now to more than double our capacity.

And we’ll have another expansion that will be started October 1 to add another large section onto the building.”

That is a Large area.

The article was written in 2014 and this is almost 2017.

WOW** MOM**WOW

[Goodbuddy4863]

I am telling You Folks.

There is something Brewing besides CBD Oil.

My steady faith in OrganiGram is doing really well for Me as well as for all the rest of the Holders in OGI[OGRMF] shares!

[Goodbuddy4863]

OGRMF is really on the move now:

OrganiGram Price = $1.83

Day's Change 0.17 (10.24%)

Bid 1.82

Ask 1.83

B/A Size 1098x100

Day's High 1.83

Day's Low 1.63

Volume(Heavy Day) 166,527

October 10, 2016 1:08pm ET

Source = TDAmeritrade.

[Goodbuddy4863]

That is indeed a great thought Sonny:

Hope You are right with the OGRMF connection and the Government.

The Government already does a Lot of Business with OrganiGram when they have to pay for the Veteran's Prescriptions that have PTSD.

Kool!

[StevenRisk]

No I do not, Sorry.

[john1311]

Do you know if OrganiGram shares are traded on European exchanges?
I know Canada is closed today, but i just Bought shares in another Canadian LP that is trading on the Frankfurt exchange...
I left a similar post on the other Board, as I believe OrganiGram, and other Canadian LPs, will find investing capital awaiting them in Europe.

[Goodbuddy4863]

OGRMF is definitely trading Big Time in the U.S. Today!

OGRMF Price $1.80

Day's Change 0.14 (8.43%)

Bid 1.78

Ask 1.80

B/A Size 100x100

Day's High 1.82

Day's Low 1.63

Volume(Heavy Day) 74,335

October 10, 2016 10:23am ET


Source = TDAmeritrade

Some Great OrganiGram News has to be out there somewhere?

[Goodbuddy4863]

Yes, the numbers are right.

That is a staggering amount of Sales followed by a staggering amount of Profits.

Which takes us back to what Marathon Man mentioned.

It looks like OrganiGram is looking at an acquisition to supply more CBD Oil.

That would be the preferred Methodical[CBD Oil] entrance into the system of most Baby Boomers who are against smoking Marijuana into their Lungs.

CBD Oil needs to be taken into the Stomach where it would help the entire Body.

Not just harm the Lungs and Zone out the Brain.

And I am telling You right now.

Baby Boomers are a huge segment of the Population!

[Goodbuddy4863]

OrganiGram has already mentioned that sales of CBD Oil will be included in the next Quarterly report coming out on the 25th of this Month.

This will make 3 straight Quarters' of Profitability.

No Other Canadian Licensed MMPR Company can Lay claim to that accomplishment!

I believe they have been manufacturing and selling that CBD Oil for the last Two Months at Least.

[Sonnyusa]

The math is right but to produce that much oil would need a lot of mj. 498,300 Grams would need (60 grams per pound). So 498,300 / 60 = 8,305 pounds is that feasible?

[StevenRisk]

I used the alloted amount of oil they were allowed to produce not the poundage to make it. Also my $8 was American per gram and did not use the conversion so obviously $7 per gram American is correct.

[Sonnyusa]

I think your weed to oil calculations are high. A pound of weed produces about 60 grams of oil. I use to make it a long time ago mostly with hash and remember a ounce of hash produced about 7 grams of oil.

[StevenRisk]

Need a little help on my math here folks. From the PR it says OGRMF is going to be able to produce 500kg of oils per year along with 1,200kg of dried marijuana per year. Here are my calculations for dry marijuana.

1,200 x 2.2=2,640 lbs x 453(grams per lb)=1,195,920 grams
1,195,920 x$8(per gram)=$9,567,360 per year

Now the oils.

500 x2.2=1100 lbs x 453(grams per lb.)= 498,300x $60(per gram)=$29,898,000

$9.6Mil+ $30.0 Mil=$40 Mil. Is this math correct?

[StevenRisk]

I realize they have a permit to sell oils now. Does anyone know if they have started and if their will be sales in the Q we are waiting for? TIA

PS If so, I expect a very good Q. Also appears another acquisition coming IMO

[Goodbuddy4863]

I was looking at that.

It is indeed an eye opener.

That News is good for all Canadian Licensed MMPR companies.

You got some great articles continuously John

Thanks

[john1311]

It kinda points toward Orgranigram...
It can only be good news for the industry...
It means government is very serious about legal cannabis.

[Sonnyusa]

News...

ValuationCalendarAnalyst ReportsIndustry PositionSEC Filings
Back to News Results
OrganiGram Announces Issuance of Shares for Services Performed

3:51 pm ET October 7, 2016 (Market Wire) Print
MONCTON, NEW BRUNSWICK--(Marketwired - Oct 7, 2016) - OrganiGram Holdings Inc. (TSX VENTURE:OGI)(OTCQB:OGRMF) (the "Company" or "OrganiGram") announces that subject to the approval of the TSX Venture Exchange (the "TSXV"), the Company shall satisfy transaction success fees payable to XIB by issuing 106,430 of Common Shares in the capital of OrganiGram to XIB. The Common Shares will be issued at a price of $1.72 per share. Any issuance of shares will be subject to applicable hold periods required under securities laws.

Additionally, the Company is pleased to announce the re-appointment of XIB as a consultant of OrganiGram for an additional term of up to 12 months. Under the agreement, XIB will continue to assist the Company with corporate development initiatives including, but not limited to, acquisitions, strategic networking and market awareness.

For more information, visit www.organigram.ca

About OrganiGram Holdings Inc.

OrganiGram Holdings Inc. is a TSX Venture Exchange listed company whose wholly owned subsidiary, OrganiGram Inc., is a licensed producer of medical marijuana in Canada. OrganiGram is focused on producing the highest quality, condition specific medical marijuana for patients in Canada. OrganiGram's facility is located in Moncton, New Brunswick and the Company is regulated by the Access to Cannabis for Medical Purposes Regulations ("ACMPR").

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

[Sonnyusa]

You would think.

------------

Ogrmf website states:

Certified Organic

Being certified organic isn’t easy. It means special care in every aspect of how we grow our plants – soil, fertilizer, inspections – but in the end, it means a better, safer product. Which makes it all worthwhile.

We're based in Moncton, New Brunswick, the heart of the Maritimes, but at OrganiGram we're committed to improving the quality of life for Canadians across the country.

For us, this means working with health-care providers and industry organizations, supporting research and education, and providing a safe, effective product. To be effective in that last goal, we made a decision to produce organic cannabis.

—---—

Interesting the government is investing in New Brunswick, I wonder if OrganiGram has something to do with this?

[john1311]

This must be good for Ogranigram:

http://qz.com/802492/a-canadian-college-will-teach-students-how-to-grow-pot/

"The program is intended to train students to work at local marijuana production businesses. Its launch also follows the New Brunswick government’s recent $3 million investment in a medical marijuana company that’s expected to create more than 200 new jobs in the area."

[Goodbuddy4863]

I have Aurora Cannabis[spelled out] Inc. on my watch list.

Thank You.


FWIW:
All the Canadian Marijuana MMPR licensed Stocks are future Gold Mines.

[Goodbuddy4863]

For informational Purposes only.

OrganiGram has TWO boards:

This one, plus there is an older Board:
http://investorshub.advfn.com/OrganiGram-Holdings-Inc-TSXV-OGI-28825/

Enjoy All.

Go OGRMF[OGI Canadian].



Note:
I am a Trenton, Michigan resident.

[Sonnyusa]

This company is a solid organic growing machine.

[polishman23]

I recommend looking at Acb.v or ACBFF for you. similar priced with organigram

[StevenRisk]

My understanding is they are #2 best pick in Canada. Agree the mergers are coming.

[polishman23]

they are in the top 5 Canadian cannabis companies, expect for a few to maybe merge once approved.

[StevenRisk]

Looks like my $1.43 and $1.60 purchasesyesterday are looking very good.

[polishman23]

all the cannabis stocks dumped this afternoon, they shot up so fast, people just took their profits. it will get there again.

[StevenRisk]

Any idea on the dump today? It was about $1.80 with 280k today when I got home around 1. It then dumped hard to $1.43 Oicked up 2,000 at $1.60 and another 2k at $1.439 Any one home here? Any news or are they needing money for the expqnsion. Magnum what is happening?

[StevenRisk]

Looks like another nice day with record volume. My guess is 1.80's tomorrow and no one is here...uhmm wonder who is buying?

[StevenRisk]

Looks like we are opening higher to the tune of $1.60 or higher. With no pumps or no following somebody definitely is accumulating very quietly. We are 1/2 of the only current profitable companies in the sector with huge growth ahead. Looks like $2 is in the cards. I expect it by next week based on the word is getting out.

[StevenRisk]

That is the key...greed factor.

[Magnum7419]

We will all do well as long as we can control the greed factor..........

[StevenRisk]

Made some real good coin there. Currently been adding to ogrmf. Bought 4k today and 1.5k yesterday. Almost 11k total. I think they will be a monster and currently profitable with excellent growth potential.Good luck with K.