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Re: stockchase post# 7029

Wednesday, 01/15/2020 1:02:28 PM

Wednesday, January 15, 2020 1:02:28 PM

Post# of 7743
from OGI....maybe Invictus is able to do the same and reason why they backed out of Unified deal. The last Invictus MDA mentioned new channels to be used in early 2020:

Organigram will also continue to sell its cannabis to third parties, he said. The company booked an unexpected $9.2 million in wholesale revenue in the first quarter as its competitors showed a willingness to pay for high-quality product, the main reason it was able to beat revenue estimates.

“We’ve had multiple companies come to us who are more reliant on this model both as a strategy and/or in the near term and we saw it as a diversification opportunity,” he said.