OrganiGram Holdings Inc (OGI)

[Hunchbackgeek]

Yes, exactly......

I'm taking advantage of the low pps. I know the company is solid, Canadian Medical Cannabis companies are funded well by banks in Canada. OrganiGram made profits this past quarter even after voluntarily pulling back production for the safety of their employees. As well, they pulled back production to shift their direction to "lucrative oils."

“Since the onset of the global pandemic, the priority for us has been protecting the health and safety of our employees,” said Greg Engel, CEO. “This prioritization led to a significantly reduced workforce which contributed to a number of product launch delays, including our initial large format value offering, which affected opportunities to potentially capture significant market share and sales in dried flower, the largest product segment of the recreational market. Since then, we have launched a number of new products and line extensions with more to come. Furthermore, we believe we have right-sized our workforce and even before doing so, we were able to generate positive cash flow from operations in Q3 2020 as we continue to remain focused on building a business that delivers an attractive return on investment for shareholders.”

https://investors.organigram.ca/press-releases/organigram-reports-third-quarter-fiscal-2020-results

$OGI