OrganiGram Holdings Inc (OGI)

[GMason]

Yep you have some stubborn folks up top that think they know about MJ but actually know nothing about it. Took them 4 years to realize what the consumer wants with THC levels and may be too late now. Then the dumb chocolate line they spent 15 million on was a huge waste of money. For the amount of chocolate that will be sold it is total overkill all paid for by shareholders though so they don’t give a crap. How much chocolate would need to be sold to make back 15 million in profit not revenue but profit? So why not have it contracted out till you know if it’s going to be a good seller and then use the actual numbers to assess if a 15 million dollar line is worth it. Plus chocolates are not great selling edibles to begin with but the fact is they went that route only because one of their top guys worked in a chocolate factory before OGI. Terrible reason to blow 15 million but just shows you the history of how they think there. Lastly the massive dilution is all due to poor decisions and mistakes made by management, if they had a better business plan from the start and hired knowledgeable MJ folks things would be different instead you have a bunch of suits that know nothing about what consumers want and shareholders are paying for their ignorance.