Replies to post #9267 on OrganiGram Holdings Inc (OGI)

[FUNMAN]

I don't understand how the Cannabis 2.0 producers didn't produce enough and foresee a big pre-Christmas demand.

I keep reading article after article about retail shelves going bare. Seems to me it was very unprofessional retailing and merchandising at its worst.

That rant finished, let's hope that the shipping and wholesale pipelines fill up, so retailers no longer share the out-of-stock messages anymore.

And how about Alberta getting off of entrepreneurs backs? That's in regards to not allowing retailers to ship between their own stores.

Geeezzz, they're protecting no one but forcing a chain of shops that overstocked one item in town "A" but sold out of the item in town "B" to sell the product at a discount in town "A" to clear the inventory.

That's instead of reallocating the inventory from town "A" to town "B" where the demand would suck it up and give the retailer a higher margin.

Man, some of Health Canada's and some of the Provinces "cannabis-ways-of-trying-to-do-business" just seem so onerous and arbitrary with no efficient rationale.

Apparently I had two rants in me today.

Here's to hoping that OGI, the most efficient flower growing operation in Canada, puts their $15M of edibles equipment to good use in the first Q of 2020.

I want to read some PR's about shipments leaving the "factory".

FUNMAN--THIS POST HAS REALLY CAUGHT MY ATTENTION.
OGI IS BEGINNING TO BLOOM. I am looking forward to next earnings report.
The sales of new products plus Vapes should be a positive impact
on the stock.

By Emma Spears
December 24, 2019

While most retailers have received stock of second-wave cannabis products, the majority also sold out within a day of receiving the goods.

Saskatoon residents wanting edibles this holiday may have to make their own.

While most retailers have received stock of second-wave cannabis products, the majority sold out within a day of receiving the goods.

“Everything from our gummies and our chocolates sold out across all three of our stores within five to eight hours,” manager of the Prairie Records Broadway Avenue location Shauneen Wuttunee told CKOM.

“We got our [second-wave products] on Thursday and we sent out a text message blast to notify all of our customers that we have the edibles in. It took us an hour to process the order and get them out on the shelves, then by 8:00 or 9:00 that evening they were sold out, both at Stonebridge and Broadway.”

Wuttunee said that her shop had ordered a plethora of new pot-infused products, including chocolates, various flavours of mints, gummies, and vape pens.

If making your own is not an option but you’re desperate for the ultimate tasty stocking stuffer, Tweed reportedly still has a few in stock thanks to a late shipment and some reinforcements. But you’ll have to move fast, as products continue to fly off the shelves as soon as they come in.

“I was supposed to have a truck come in on Friday but I am hoping to get some in today,” said Wuttunee. “It will probably be sold by tomorrow, definitely, for sure.”

Second-wave cannabis products such as liquid-filled vapes, edibles, beverages, topicals, and extracts became legal in Canada on October 17, one year after federal legalization came into force. But due to a mandated 60-day waiting period, they’ve only hit store shelves this past week.