Marijuana - Public Weed Stocks & Analysis

[Hunchbackgeek]

OGRMF OrganiGram Holdings: Estimated sales growth of 891%......
The only major Atlantic-based pot grower in Canada is also expected to see significant sales growth in fiscal 2019. According to Wall Street's consensus, OrganiGram Holdings (NASDAQOTH:OGRMF) should see revenue rise 891% from the previous year.

OrganiGram's key asset is its Moncton, New Brunswick facility, which'll span 490,000 square feet of growing space and employ the company's three-tiered growing system. This growing method should allow OrganiGram's yield per square foot to top pretty much all of its peers, which is ultimately good news for the company's costs. At peak capacity, OrganiGram expects to produce 113,000 kilograms per year, placing it among the 10-largest producers in Canada.

Next year, OrganiGram has forecast the completion of its three-stage, phase 4 expansion of the Moncton facility, with these projects being completed in April, August, and October, respectively. Assuming the company receives the appropriate cultivation and sales licenses, it should see sales soar.

https://www.fool.com/investing/2019/01/02/the-fastest-growing-marijuana-stocks-in-2019.aspx