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Re: jp68 post# 40

Thursday, 09/01/2016 3:43:28 PM

Thursday, September 01, 2016 3:43:28 PM

Post# of 70331
I can't try their products either because I live in CA but I am able to try products from some of the dispensaries out here. If you're ever out here, I'd highly recommend trying the Blue Satellite :)

I would also check out Organigram if you want to diversify a little bit between companies in the Canadian medical marijuana producer market. They also just finished a $23 million bought financing deal (approx $17,500 U.S.) and announced yesterday that they bought another adjoining 10 acres and existing 150k sq ft building on that land. They said production capacity will increase by up to 4X. The market cap on Organigram appears to be only $82,000,000 US vs about $155 million for Aurora. Both companies are currently only authorized to sell 3,500,000 grams of medical marijuana per year and they seem to be two of the lower-cost producers. I do think that considering both of their upcoming expansion of production capacity, Aurora is currently in a much stronger position huge growth as they'll eventually be able to produce (and likely sell) all of their 70,000,000 gram production capacity beginning mid-2018 whereas the best I can tell, Organigram's max production capacity will be around 19,000,000 grams as of now. Organigram also entered a licensing agreement for their oils and edibles today as well. Seems like it's been a pretty productive couple of weeks for Organigram...again, long term I like Aurora better but I think given the difference in market caps currently, I'll have more exposure to Organigram for the short-term and then roll those into shares of Aurora in within the next 8-12 months.

https://finance.yahoo.com/news/organigram-enters-exclusive-partnership-oils-100000160.html
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