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BlueGreenPower

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BlueGreenPower

Re: None

Monday, 02/03/2020 9:23:14 PM

Monday, February 03, 2020 9:23:14 PM

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There are some really informative graphs that include Zenabis in this article on Organigram.

It shows ZENA's revenue per gram going up while other LP's are coming down. Also ZENA's production costs per gram are one of the lowest in the industry. Their SG&A per gram is below Canopy and Supreme, but still too high. Believe we will see this metric going down across the board for all LP's trying to cut costs.

After reading this article on Organigram I feel pretty good about ZENA's position in the market. Especially at this share price compared to the other LP's. Hoping once the rights offering shares get sold by retailers leaving the sector the sp will move up. Volume is back to average so it might be close to over. MM's just vacuuming up the last of the scared shares. imho

https://grizzle.com/organigram-earnings-q1-2020/

Posts are my opinion only, and not advice of any kind. glta

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