OrganiGram Holdings Inc (OGI)

[OSOROJO]

From a NCV article

As we concluded a month ago, asset impairments could weigh on market sentiment, but they are a lagging indicator, reflective of poor decisions from the past. The more quickly companies rightsize, the more quickly the industry can improve its profitability.

While the media doesn’t focus upon it as much as its larger peers, Organigram has been described by the analysts at Jefferies as not trying to be “all things to everyone”. It has instead shown an ability to focus, execute and sustain itself. The company has approached Cannabis 2.0 with a rifle rather than a shotgun approach, with an emphasis on vape and chocolates, and has invested in automation and processes to keep its costs down. Organigram also has a novel product for the beverage market that it will introduce later this year, a powder than consumers can add to any beverage.