OGI

BroChochOooo

I like this guys comment on Yahoo I can sell and get out with a small loss but think I will stick around for a bit I have invested in Organigram since it was an organic brand (before the lawsuit). Of all marijuana companies, they have the biggest big brother, the British American Tobacco Company. The cash on hand is irrelevant. BAT entered the market with OGI. Of all extant companies, BAT felt OGI was THE best place to learn the business and get a foothold. This small company has the #1 market share in Canada after almost 10 years, growing international presence, and the ability through BAT to get their product to the four corners of the world. If you aren't buying at these prices, you'll miss out! My bet, BAT takes full control soon.

GeoLogic23

I have sold about half of what I had of CWEB by this point. I have like 425k shares left, and I'll continue to trim if it continues to rise. Depending on any other news of course. Might trim more tomorrow regardless, just because it's such a good return it's hard to resist. OGI's earnings weren't that good, but I'm not worried about them long term. I was buying today and plan to add some more if it keeps dipping. All the real money making opportunities are international, and BAT gives them a huge leg up in that area. They aren't making money yet, but it's not like they have any debt threatening their company or anything. Also, similar to how you think there will be something for everyone in S3, I think even Canada will get something. By that I mean I think they'll finally change the tax laws once the US does something. At the end of the day it's the multi-national corporations that run everything, so I think there's more coordination than people think. Like how in 2018 we had both Canada legalize cannabis and the US "accidentally" legalize cannabis.

No_Love_Gained

We can never be sure about anything until it's actually done, and even after that, there's going to be lawsuits etc etc, so nothing is a done deal. The context of my comment was just on regurgitating narratives. Let's see how this plays out. I have a feeling there's going to be something for everyone, including prohibisionisnts (except for any social equity), depending on whoever willing yo pay for play. On another note, I sold a little more of CWEB after it hit my target price earlier this week. Are you still holding bulk of it, or did you trim down a bit as well. And I'd be happy to hear your take on OGI's recent numbers and the correction that followed. Glta

Forest_City_Frolfer

OGI has been 3 quarters away from profitability for years. Definitely possible this time will be different, but they have not inspired confidence

BroChochOooo

I think OGI will do just fine this year. Let’s not forget the 8 week strike in BC and then more time to ramp up. You watch next three quarters will be good

FoodCooker62

OGI in the dog house. It remains interesting how selective market is about punishing and rewarding cannabis stocks. CGC literally triples share count in a single year. Almost a million shares per day issued. Stock didnt even drop to new ATL's.  But poor OGI gets taken out back to be shot and is heading to its 2nd reverse split 🤣.

Forest_City_Frolfer

I wouldn't be so hasty to judge Auxly, they are operating miles better than OGI. Will need their Year End Fins in March to confirm, but they are looking really good. They got bailed out by Imperial and aren't a bankruptcy risk anymore. Last quarter they had 55M in Cash and Receivables, 53M in current liabilities, 9M operational Cash Flow, 20.4M Net income (12M was one off gains), currently trading at a market cap of 158M with a book value of 173M. 6 Consecutive quarters of profits. Revenues up Y.Y, Gross Margin up 7M Y/Y, SG/A up 3M Y/Y Downsides: They have a ludicrously high share count and plan on investing a lot into CAPEX this year, so the stock might not move much. They will not be doing a Share Buyback either. Operationally Auxly looks like the best of the Canadian LPs and the stock movement hasn't done it justice yet.

No_Love_Gained

How's your quick flip trade with OGI working out. You were lucky/ good sell it in in early 2's last week.

No_Love_Gained

I bought some more of OGI today and will pick up more it goes further lower. Have a feeling we will likely test 1.60s tomorrow before we shoot back up. Glta

Twist_of_Fate_44

It really feels like the Canadian cannabis dream is dying with this last batch of earnings from three of the big five Canadian LPs .. ACB, CGC and OGI OGI just proved that it's still a failing business, putting yet a bigger nail in that proverbial coffin. They're years away from the dream of ever becoming a truly profitable & investible entity What a financially cursed sector ..

SwordfishOk504

Benefit? This is about the government's efforts to roll back access through telemedicine. If they succeed, it would significantly impact all the companies selling in that market. So Canadian companies like HITI, OGI, Canopy, Aurora, and many others.

No_Love_Gained

OGI Today - Back in November last year, when CWEB results were published, the stock dropped by over 30% and hit 10 cents cdn. A lot of folks here (esp the ones that claim to read financials) were extremely bearish and called out bankruptcy. Tbf, CWEB was definitely low on cash, but they had a lot of other things going, esp with BAT partnership and looming/impending cbd legislation. I had held on cweb since it 25-30 cents and doubled down during this drop, bringing my total position up to 200k commons, and this investment has been one of my best so far. I normally sell out on canna stick pops, but this time around, I held on and sold half my position in the 70s. So back OGI's results today, whilst they are not stellar on some of the bottomline metrics, but they are ok, and the key is to look at them from the lens, same as CWEB. They have BAT backing them all along with investment and as well bringing all the industry connections. They've also ventured into hemp drinks and gummies in q4 last year. So I doubled down down on my OGI position today and will buy more if it drops further. Let's see how this plays out. Glta

Twist_of_Fate_44

A couple off the top of my head: LATAM and 'boots on the ground' in Jamaica! FIRE and the origin of MJ napkin math Not sure if you will, but some here may remember HIP island! ;) Oh, and the OGI.WT craziness period

BroChochOooo

Sold my OGI before Tuesday probably the wrong thing to do but taking them Profits Yeeeees. Sir

BroChochOooo

Added 50 k more to OGI. Thanks

GeoLogic23

Not really, but I'm of the opinion the primary reason for creating RYM was for them to partner with an alcohol or other beverage company. Nobody else has bothered separating their beverages from their regular business, and we know Ben wanted to partner with Boston Beer. Of course it's possible they just compete with big alcohol if it were regulated, but it's so hard to secure distribution deals and retail shelf space from the ground up. Especially if big alcohol doesn't want you in their networks. It's so much easier to take your product and plug it into an established distribution network. And it's not just alcohol. You have to think the energy drink companies are going to get into hemp if it was regulated. Caffeine plus THC is an extremely popular combination, and Pepsi already had a hemp oil (no CBD) Rockstar Energy a few years ago. Pepsi's current primary energy drink (Celsius) is also a great example of a brand getting plugged into an established distribution network and skyrocketing sales. If hemp were to be regulated, you can bet companies like Pepsi will try to repeat that sort of beverage success. And tobacco companies like BAT are trying to branch out into beverages. BAT has OGI making a hemp beverage acquisition recently, and BAT's venture capital arm has been investing in beverages like Hop WTR, Moment, Tru, Feel, and More Labs.

No_Love_Gained

Dont disagree that earnings can have outsized influence on sp in the short term, but your post making it sound like doom and gloom is laughable at best. ACB is almost near ATLs (another -20% will take it below that number), so what is that you are trying to sell here? A 20% downside will bring good buying pressure , and I will take it. Btw I bought some of ACB and OGI both at current levels the last couple of days. Glta

Twist_of_Fate_44

I'd be concerned about ACB reporting tomorrow, it's really going to be a short-term make or break moment for the LPs Bad earnings and a -20% down day is really going to suck the wind out of the others too. Not as much as it used to but it'll still cause selling Bad news and TLRY is probably going sub $10 CAD, OGI could be <$2 CAD I'd actually like to see OGI walked down to $1.85 before earnings

Twist_of_Fate_44

If I could, I'd post a photo of my OGI.WT tattoo here .. lol

No_Love_Gained

OGI is buzzing this morning. Glta

No_Love_Gained

That's good insight and thanks for sharing. >I'm sure all the tobacco companies have something lined up for cannabinoid pouches. Like IB has Auxly BAT has OGI Philip Morris has Cronos Glta

BroChochOooo

That’s the plan I’m not long on any of these stocks in and out. I do think OGI with the new CEO will do alright. I plan to sell in on the next little bump

Saul_T_Lode

If this is real you were 1/3 of the total day's volume. I have had OGI on my watchlist for a while and started doing some digging today on their financials and yeesh they don't look good. Cash on hand dropping, inventory rising, and they have yet to turn a profit. You'll probably make money on those shares the next time the US talks legalization, but based on what I see this seems like a bad time to buy.

StarMaker7

Can you tell me what's so great about OGI. was thinking about buying some HITI

BroChochOooo

Thanks OGI Another 32000 shares CHOO CHOO Dip I de do. I love the dips

Twist_of_Fate_44

Canadian LPs head into earning's season next week Wed Feb 4th .. ACB Fri Feb 6th .. CGC/WEED Tues Feb 10th .. OGI Thurs Feb 26th .. CRON Tues Apr 14th .. TLRY

BroChochOooo

Grabbed the OGI dip. Thank you very much

No_Love_Gained

OGI will have its CWEB day sometime soon. It's just a matter of time. Glta

BroChochOooo

I’m thinking OGI is such a safe bet 500k at anything under 2.15 if it get there and sell on the next bounce I’ll sell on the next bounce and OGI will hit 2.35 quick Easy 50k Or if there is any news sell at 2.75 for a quick 150 either way I don’t see it dipping under 2.15 for long especially with the new CEO and Bat backing it up Bat is in at 3.23

No_Love_Gained

ACB, Auxly, OGI, and HITI have all closed the gap. Glta

loichui90

Is OGI still going strong will have to look into them again that was my best weed stock before Canada made it all legal.

steph31199

OGI is worth a look

No_Love_Gained

Best non-MSO - Tie between HITI and OGI Best MSO - Cresco

SwordfishOk504

OGI coming in hot with all that BAT cash.

Orennji

You're describing the emotional response many in this sector feel, not an objective analysis of the Cannabis market as it exists or where it's going. >Overly-competitive, cut-throat agriculture business that will never eliminate the black-market or 'legal' corruption. Let's think about how markets in general respond to oversaturation. We would expect to see unprofitable firms exit and remaining firms to consolidate.  Is this happening in Canada? Based on [Health Canada statistics] (https://mjbizdaily.com/news/canadian-cannabis-license-approvals-at-multiyear-low-amid-market-turbulence/384719/), we are starting to see fewer large producers applying and hundreds of license holders exiting. Even for the average person that only reads company press releases, this trend is still noticeable from the accelerating M&A (OGI buying Motif, CGC buying MTL.. expect more in the future). Now, of course, there are MANY other micro-factors - excise taxes, late introduction of 2.0 products and private retail, individual company errors, etc. But on the macro scale, we are seeing the gradual move to economic rationality.  Full disclosure, I did not buy at the top. I am profitable or near profit on all my LPs except TLRY, and my MSO holdings were acquired in 2023-2025 at ATLs. I think all Cannabis markets will eventually stabilize, but I wait for the extreme bottoms in the saturation cycles to make big buys. The lesson I take from Canada is that well capitalized firms, often with access to stock market financing, will gradually establish themselves in the initial land grab and survive the down cycles. 

Veganlightbody

not talking about OGI...talking about Charlotte's Web, Cresco and Green Thumb

RealEstateWindsor

I misread you, I have an innate hate for TLRY and CGC they're a shit stain for the good operators in this space so my mind bunches CAD companies into one lol. Don't know much about OGI I stopped following CAD companies. Seems like few are tightening ship in Canada. Either way let's get some solid reform for 2026. Uplisting is crucial for US operators. 

Kbarbs4421

I've got good news! If you have 500k to invest in OGI, then you can definitely afford a trip to Bora Bora.

No_Love_Gained

>OGI is a beast Totally agree. >April 2025 was very recent and it traded at $1.6 then. Tbf most of canna stock were at ATLs back in Apr 2025 so OGI wasn't an anomaly. Glta

Flipside68

OGI is a beast. I hold it at around $2.30 and would rather buy below that. April 2025 was very recent and it traded at $1.6 then.

No_Love_Gained

Opportunity to snag some OGI the last couple of days. Hope others were able to get some of their buys as well. Glta

BroChochOooo

I think BAT eventually buys OGI

GeoLogic23

They came from being Global Head of Strategy for British American Tobacco after working there 20 years. Now OGI has the most experienced CEO in the industry, coming from their $125B global CPG partner. If you're going to complain about downvotes don't just be reflexively bearish to anything people say.

BroChochOooo

What’s with OGI sell off

BroChochOooo

Flipping Tilray OGI green thumb and canopy.

benderok37

Why would people invest into $CGC or $TLRY if there is better players? Such as $HITI, OGI, ACB, SNDL? I am sure some people will say that ACB also not that good, but if you look at their last 2 year perfomance, you will see they did a good progress. Cleaned balance sheet, debt free, 3% or so dillution, growing medical cannabis etc. 

FoodCooker62

It's a meme stock in a meme sector. It can do anything. It is astounding that its worth as much as Auxly, VFF, OGI, HITI, Cannara and Decibel combined when any of these companies are operationally far stronger and more trustworthy. 

No_Love_Gained

IB has its investment/interest for the same reason as BAT does in OGI.

Orennji

I'm still buying fractional shares of OGI, MSOS, and recently ACB every day. I jump into OTC to buy individual MSOs when we get some substantial dips. That's not changing until sentiment brings these prices in line with the coming improvement in fundamentals. If we have a long bear market, it gives me time to accumulate slowly or change course. Outside of weedstocks I'm looking at: Pawn shops - FCFS, EZPW Tobacco leaf merchants - UVV Precious metals/rare earths - MP, REMX "Old economy" exposure - BRK.B, VPU

GeoLogic23

Correct, which [I was also sure to point out](https://www.reddit.com/r/weedstocks/comments/1nte2kg/comment/ngt9uxj/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) after the CBD video. With BAT involved, it seems like the most obvious thing would be for OGI to give them some Jupiter money or for BAT to invest more themselves. OGI has already followed up on investments that BAT had previously made, such as Open Book Extracts and Sanity Group. The amount of money CWEB would need to last a few quarters could be found in BAT's couch cushions. And right now BAT is actively investing into OGI to get to 50%, while they only have 20% of CWEB locked down. But regardless you would still need a path to profitability. Here are some options for CWEB: **CBD incorporated into the medical system.** This is being discussed with Medicare now. CWEB was a pioneer early CBD acceptance, as well as being the main driver behind Florida's initial medical cannabis program. Besides their history, they have their current joint venture with BAT that is in Phase 2 of FDA trials for CBD to treat autism. They have strains with a long history and strong patent protection. Lots of reasons to think they will be a winner in medical CBD. **CBD allowed as a dietary supplement.** This was a specific part of BAT's initial investment. I am pretty confident that hemp beverages are going to be regulated, so if that happens that means CBD is allowed in ingestible products by the FDA. CWEB has some of the best partnerships in the CBD industry such as BAT, Walmart, MLB, etc.. so they will be sure to get shelf space in key places. Right now major retail like Walmart don't sell ingestible CBD, which is where the big money is. Topicals aren't big sellers. Similar to how hemp beverages didn't sell until they were actually on shelves in retail, ingestible CBD should see large sales increases if they are in regular retail. **CBD supply partnerships in CPG/beverage.** If CBD is allowed in food/beverages, then besides CWEB selling their own CBD as a dietary supplement, this opens up the market for them to supply CBD to a major CPG company looking to expand into CBD. Or to supply CBD to new products being pushed by BAT. Besides the potential for CBD to be incorporated into tobacco/vape products, BAT has been expanding into several wellness/functional drink brands through their venture capital arm ([Btomorrow Ventures](https://www.btomorrowv.com/)). And CWEB was supposed to be releasing a CBD seltzer in late 2022, but never did. Instead they got their BAT investment. Makes more sense to supply CBD to another BAT brand than to try to launch a new CWEB drink brand. I definitely see a possibility that beverage brands like Celsius will have a CBD energy drink in the near future. Pepsi had a hemp oil Rockstar they were testing out in 2022. And back when Coke was rumored to be getting into CBD, one thing that was discussed was that very few (if any) companies could possibly supply CBD at scale and consistency that a company like Coke would need. Besides scale issues, there were also CBD emulsion issues in 2020. Idk I just feel like the big beverage/alcohol brands needed a few years, but they are now ready to make a serious move. THC beverages are mostly similar to one market segment (alcohol), but CBD beverages can cover a much wider range of actual market segments such as water, coffee, sports drinks, energy drinks, tea, etc.. CBD has a much larger addressable market than THC.

Orennji

This is why I've always preferred OGI. I could just never see anything good in CWEB. Since they're both under the BAT umbrella, it's a fair chance OGI will be the vehicle for uplisting of their US investments.

Hey_Hank

Could BAT be considered big AG? BAT is the money and driving force behind the Phylos move by OGI. Especially the THCV strains. BAT is also a very big investor in CWEB. I say this in a very good way as BAT was without a doubt the most ethical, and best marketers in the tabacco business that I ever worked with.

GeoLogic23

Phylos is based in the US, and have been collecting genetic data from the US for years. This deal doesn't give OGI exclusive US rights, but could in the future. >Organigram receives five-year exclusivity on its chosen autoflower cultivars across international markets, including Canada, Australia, the UK, Germany, and Israel, with **the ability to add new exclusive territories as it expands globally**. Phylos was the company that got into hot water when they were recorded saying they were [going to sell out to Big Ag](https://www.reddit.com/r/weedstocks/comments/1f0qh0k/comment/ljvqxgy/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). I've been watching genetics closely, because historically that's how agricultural products have been dominated by the big corps. It's interesting that OGI is acquiring genetics, while CWEB has also been one of the companies [patenting their own genetics](https://www.newcannabisventures.com/charlottes-web-secures-u-s-utility-patents-for-two-new-hemp-varietals-with-superior-cannabinoid-expression/). >‘Lindorea’ and ‘Kirsche’ are the world’s first two allowed U.S. Utility Patents reading on feminized hybrid hemp plants.

No_Love_Gained

Raising tide will raise all boats, some more than others. Some of these names will benefit substantially (read OGI, Sndl followed by others) once we are close to actual rescheduling. Also, remember traders keep rotating between LPs and MSOs, so all the MSO vs. LPs talk is meaningless imo.

benderok37

All Canadian companies red (CGC, ACB, HITI, OGI, TLRY, SNDL) yet, American MSOS green, big green...  Any explanation? 

No_Love_Gained

Nearly 15x of normal daily avg ( 3 months) , so that's definitely something. >InterCure is already connected to OGI and CWEB, so it would fill out BAT's global footprint nicely. I was aware of their (INCR) supply agreement with OGI, but I didn't think it was anything strategic.

GeoLogic23

Yea that volume today was interesting. I was buying more, so hopefully it's not big volume due to something bad. I'm kind of hoping OGI uses this opportunity to throw some of their Jupiter money at them. InterCure is already connected to OGI and CWEB, so it would fill out BAT's global footprint nicely.

stylezlol

Perhaps the craziest day I’ve ever seen for OGI and I’ve been following for a long time. Down like 16%, then to -5%, finishing at -9%. All this on 6.571 milly volume which is certainly not normal for OGI. Could be many reasons but I find it interesting that CWEB has been pumping. With the EO what prevents BAT bringing their two horses together? 59 mill left in the Jupiter fund. Do you think this makes strategic sense? Genuinely curious for those that follow closer than I. Anyhow, because no one else did it that I saw…o, g, I lost all my money!

GeoLogic23

Yea I was surprised at how CBD-heavy it was. Two things I am looking for with the CWEB/Tilray relationship. 1. Beverage distribution. Back in 2022 several companies were signed with Southern Glazers to distribute CBD drinks. CWEB was supposed to be launching a CBD seltzer late in 2022, and had also signed with Southern Glazers for CBD products earlier that year. I will be curious if CWEB does another foray into the beverage space, or if perhaps BAT has decided OGI will focus on that area with Collective Project. 2. International distribution. Tilray and CWEB both have a history with InterCure in Israel. As far as I am aware, we are still waiting on a final rule in Israel to greatly expand CBD use. It's been stalled for years. Understandable as they are busy doing a genocide. But CWEB has a deal with Intercure that when CBD access is expanded InterCure will distribute CWEB's products in Israel. So I figure that Tilray would manufacture the products and export them to InterCure for CWEB, since Tilray already does CWEB gummies in Canada and Tilray was exporting cannabis to InterCure in the past.

WobblyWidget

Cannabis stocks surviving these mayhem. OGI and CGC looking good for tonight's annoucement by trump for schedule 3 mj

WobblyWidget

TLRY and OGI getting some good volume. likely people knowing that cannbis is going schedule 3 tonight

Flipside68

OGI is the real hero today

Flipside68

Xly has no skin in the game - they have no connection to USA cannabis - all other big names WEED, TILRAY, OGI, CHRON, VFF actually have potential to increase international presence. XLY is to local.

BroChochOooo

OGI. Wow Very nice

LawfulnessOk8997

I asked GR OK to assist me in analyzing all of the tier went through for stocks and coming up with a list of the best most likely to jump in a rally on Monday. Here’s what we found.: Re-ranked incorporating GRUSF (boosts growth/debt relief score; displaces Glass House slightly due to GRUSF’s deeper YTD discount). Est. targets on Dec 15 confirmation. 1. Ayr Wellness (AYRWF, Tier 2): Still #1—crushing -89% YTD + massive debt ($450M) = 80-120% upside to $0.60-0.70 on relief. 2. Grown Rogue (GRUSF, Tier 3): New entrant; -56% YTD + top growth (+26%) + low debt = high-beta play for 40-70% jump to $0.42-0.51. NJ focus adds state catalyst. 3. Cresco Labs (CRLBF, Tier 1): Holds for debt wall ($516M) exposure; 50-80% to $3.50+ via tax-funded expansions. It also liked Verano and OGI and some of the initial queries. I can attest that Verano has drop massively and that they have problems with that which will be helped by relief of 280 E. This query was not defined the most solid companies like green thumb, but to look for those that have been most beaten down most likely due to debt and I think higher AYR is really the top wrong with Ianthus which I had completely forgotten about ( remember old Hadley?)

Flipside68

No kidding - what a tease it’s been. Main holdings are: MSOS MSOX HMMJ Fluent OGI

educatemepleasee

Recently OGI stock is happy a rally. What should be the exit point? I can hold upto as long as I want. @Big-Sand5360

thupkt

HIT OGI and TLRY are also good, not to argue your point but to add complementary pieces to the tool belt.

Equivalent_Smell_325

OGI do have some US exposure, but they only got their feet wet. New CEO really needs to impress people on the next call

No_Love_Gained

OGI - British American Tobacco Auxly - Imperial Brands HITI - lone wolf.. but they recently borrowed some money from Cronos.

Equivalent_Smell_325

no US operation, OGI, ACB, and HITI and etc are lagging too in that sense

Tokaiiiiii

But this is S3 news, XLY doesn’t have presence over there. I guess you can also bet ACB and OGI will go red first, whichever has less exposure in the US

Capital_Landscape_87

I am looking at cannabis stock with long days to cover and high - mid short interest, curious how others are trading **cannabis names today** given recent sector momentum and short setups. quick snapshot of some tickers I've looked at today source: fintel any catalyst on radar? ACB Days to cover -> 8.43 SI -> 12.37 IIPR Day to cover -> 11.83 SI -> 8.85 YCBD Days to Cover -> 4.19 SI -> 8.80 OGI Days to Cover -> 12.52 SI -> 5.32 IMCC Days to Cover -> 2.88 SI -> 4.13

OX45-Tall

Guy repeats himself a bunch but it’s not like what he says is wrong or incorrect. I don’t get why so many people get so bent out of shape at his comments instead of just moving on to the next one…. Doesn’t say negative things about CRON, OGI, Auxly etc or other LP’s or weedstocks.

GeoLogic23

[Total Wine & More](https://lda.senate.gov/filings/public/filing/e9e9d72b-bf21-4907-b83e-4d50f7142d3a/print/) registered a second lobbyist to lobby for hemp, called HB Strategies, which is the firm run by Roy Blunt and his family. One of the lobbyists is also Roy Blunt's former chief of staff. Roy Blunt is the former Senator from Missouri, who has been known as [Monsanto's guy in Washington](https://www.motherjones.com/food/2013/04/sen-roy-blunt-monsantos-man-washington/). His wife was also a prominent lobbyist for Altria/PMI when they got married. Note that Altria is a big investor in AB InBev, and both AB InBev and Monsanto are headquartered in Missouri. Monsanto is known for dominating agriculture through patenting seeds and genetics. We should always keep an eye on them. The whole idea of having federal legalization based on a completely arbitrary (and difficult to consistently replicate) THC limit of <0.3% would be a perfect situation for a company like Monsanto to monopolize by owning the genetics that are stabilized <0.3%. A cannabis/hemp genetics companies called Phylos Biosciences got into hot water back in 2019 when they got recorded saying they were [preparing to sell out to big agriculture](https://mjbizdaily.com/phylos-bioscience-causes-cannabis-industry-disturbance-in-big-ag-video/). >In the video, Holmes boasted how Phylos had a “really huge lead” because **it had been collecting cannabis data and intellectual property for four years.** >“**By the time (the Big Ag companies) do get here**, we’ll be releasing outrageous new cannabis varieties every few months,” Holmes said. “We’ll have a foothold they can unseat us from, but it will take them three to four years to build what we built.” >He also spotlighted Phylos staffers who had worked for Big Ag companies Syngenta and the former DowDuPont. >“Having these guys around is critical for us because **we’re building a company that is ultimately going to be acquired by that universe**,” Holmes told the room. They were working on genetics for CBD and low-THC hemp strains. Partners like East Fork cut off ties after it was revealed they were planning on selling out to big ag. >East Fork Cultivars CEO Mason Walker said the company’s goal was to expand the pool of CBD-dominant genetics, both hemp and marijuana. >East Fork Cultivars targets the CBD and low-THC market as a business strategy to help distinguish the company Phylos Biosciences was the first US investment made by BAT/OGI.

No_Love_Gained

>VFF bidding on a license for facilities they already own is fairly low-risk, This makes sense, esp with their existing facilities, but still, they don't grow cannabis there today, and it'd still mean sizable investment if they were to be awarded a license. >IMO the only thing stopping other companies from doing something similar is uncertainty. Agreed. I still baffles me why someone like Cronos (or even an OGI) whose sitting on a pile of cash hasn't ventured out to go down this path, while VFF seems to very sure (esp with their CEO's comments from earlier this week) that it'll work and they want to be in the play. At the end of the day, making an entry into US and still being on big exchange is a big deal, and I am surprised why others haven't jumped into it.

No_Love_Gained

Thanks, that's helpful, but vff doesn't have that structure in place today (or does it exist already ? hopefully, someone here invested in vff knows). I think the bigger question is that if VFF is confident that this works, then what's stopping the likes of Cronos, OGI, and others from replicating this.

GeoLogic23

Yea I'm enjoying just watching for the most part. It's just funny how people continue to over-generalizing reverse splits when we literally have ACB and OGI as two very recent cannabis reverse splits that didn't matter. People cannot grasp the idea that reverse splits don't **always** mean a company is going to continue to die off. It just goes to show how many people here are purely traders based off feelings and perceived momentum. If you are an investor who made a decision to invest in Tilray at their market cap before the reverse split, then you should be happy to average down due to a reverse split that changes nothing about the company's operations.

Russticale

OGI and HITI id buy today for a swing trade

No_Love_Gained

ACB and OGI (potentially) are the only quick trades currently in this space based on their technicals. It's not financial advice. Glta

GeoLogic23

Idk why you keep referencing the alcohol acquisitions as if they are a move away from cannabis. They've been extremely clear their goal is selling THC beverages in the US, and acquiring beverage assets is an obvious part of that plan. It's the fastest growing segment in cannabis right now, and the only segment with active investments being looked at by major companies like BAT (OGI bought Collective Project) and Pernod Ricard (actively looking for investment). Beverages are a big part of the cannabis discussion right now. Whether it works out or not is a completely different question, which you are absolutely correct to be skeptical about. But acting like buying alcohol companies was just some random move away from cannabis is ignoring everything they've been saying for years. It's not a Frankenstein company. It's a company that is betting big on THC beverages. Maybe it will work out and maybe it won't. Or maybe Irwin Simon will be run out of town by villagers with torches.

GeoLogic23

They're just betting on hemp beverages being regulated. Idk why people are making this so complicated. Most acquisitions have been focused on the US beverage market, and Simon has repeatedly said for years that selling THC infused beverages in the US is one of their biggest goals. It's pretty obvious to me that their plan was to buy underperforming alcohol brands from big alcohol in order to get in on their distribution/retail. Then they consolidate production of those beer brands, and wait for THC beverages to be regulated. You then cut off the underperforming beer brands, and replace that retail shelf space and distribution space with your THC beverages. You don't just create retail/distribution space out of thin air. It's an extremely competitive part of the beverage industry. But you just can't cut your underperforming brands off without having the replacement ready to go, because that empty shelf/distribution space will get filled by a competitor. Tilray isn't better at revitalizing brands than AB InBev or Molson, and they don't have the marketing budget to do it anyway. That was never a real plan imo. Several of those brands are purely placeholders for THC beverages. Whether betting on THC beverages works or not is a different story. Some don't believe hemp beverages will exist in a year. I do think they will exist in a year. Whether or not Tilray is a leader in that space is also a different story, but they are certainly set up to take advantage of it if that market were to get regulated. I've been refraining from even discussing Tilray lately because people here are so aggressive when a comment can be perceived as being positive about Tilray. But my main point is that **you aren't betting on S3 as a Tilray holder. You are betting on hemp THC beverage regulation.** I am in no way saying this is going to happen. But if you were Tilray and you were assuming hemp beverages were getting regulated, and you were hoping to get some sort of investment from a bev/alcohol CPG company, then you would skip the 6 month extension period and just get yourself in compliance with your exchange. OGI also skipped the extension period before they reverse split, and then they promptly got another investment by BAT. Again I am not saying that will happen, but the idea of reverse splitting to allow yourself to receive an investment has actual recent history in our sector. And we do have big alcohol companies like Pernod Ricard actively looking at hemp beverage investments. It's not unreasonable to think that the reverse split timing is just Tilray making themselves available IF an investment were to present itself.

GeoLogic23

I have zero interest in getting involved with the Tilray discourse, but the most recent track record of reverse splits in our sector is actually good. OGI and ACB both reverse split in the last few years and have actually done quite well afterwards. OGI quickly got another investment by BAT, and ACB has never touched its reverse split low again. Again I'm saying nothing at all about Tilray, because it's a completely different company. But I do think its funny that these exact same comments were being made about ACB while I was buying them under $3.

mu_lambda

OGI afterhours. What happened there?

GeoLogic23

Or maybe big alcohol/tobacco takes this chance to buy out the good brands, then products get regulated and all of a sudden all the hemp products on the shelves are now brands owned by big alcohol/tobacco. Cronos just sitting there with all that cash. I think a possible move for them is to start moving on hemp brands soon, similar to what OGI has started to do with buying Collective Project.

dirtbags5

Is there any way to buy 200,000 shares of OGI with out driving the price up.

Flipside68

They catching some volume today - keep rising OGI

gdren

OGI? Nah

dirtbags5

VFF and OGI are the winners in Canada.

dirtbags5

OGI next

BoJo_Nose6969

Being honest here.  The LPs and MSOS are just a proxy play for the us operators.  I haven't paid attention to OGI but maybe they're the exception.

Many_Easy

It wasn’t BAT or OGI that was name mentioned. However, the info you provided is interesting.

GeoLogic23

Well it's probably BAT putting a more seasoned CEO in place. I like Beena, but she doesn't have experience leading multi-billion dollar CPG companies, which is what OGI aspires to be. She announced back in May, and she's been staying on to help transition. You could actually look at this the opposite way. Beena retiring means BAT thinks OGI is set to grow and needs someone who they are confident can handle expanding into a large global CPG company. That's why I was suggesting Debra Crew. Because BAT/OGI's last move was to move into beverages, Crew just left from being CEO of Diageo, and Crew was previously President/CEO of Reynold's American (BAT). She was Pres/CEO when BAT bought Reynolds, so she clearly had a good rapport with BAT. So she has recent experience in beverages and with BAT in the US. Given her experience, connections, and the fact that she's a seasoned CEO without a job for the last few months, it seems like a possibly good fit.

Many_Easy

A few reasons: - unsubstantiated - don’t want to mislead others - it could be false - there is no real anonymity on internet - don’t want to be hypocritical as I’m constantly bashing unsubstantiated rumours - I only post facts & opinions FYI - I asked the question in an attempt to verify rumour I heard from several sources. Also, thank you Geo for sharing info about OGI, which I have not heard or read. I wish that Beena would stay on permanently. I assume she’s heavily incentivized and find it PECULIAR that any CEO would retire if they thought big reforms were coming soon. No, I’m not in 5th grade.

GeoLogic23

I just want to know who the new CEO is going to be for OGI. They extended Beena until the end of this month. It may be too big of a step down for her, but i wonder if they will look into Debra Crew. She left Diageo recently, and before that she was a top executive at BAT (Reynolds).

GeoLogic23

If it's not a top MSO many people don't follow them. I posted OGI, Decibel, CWEB, InterCure, and Jones Soda last financials, but I'm guessing if i hadn't nobody else would have.

GeoLogic23

BAT is definitely pro-hemp, seeing as how they have moved into THC gummies with both CWEB and OGI, and hemp THC beverages with OGI. Then BAT and OGI both invested in hemp cannabinoid manufacturer Open Book Extracts. Altria owns a large stake in AB InBev, whose distributors have been moving into hemp beverages. Altria never stopped lobbying regarding [FDA clarity on CBD](https://lda.senate.gov/filings/public/filing/aac16d47-6512-4ae5-8b51-dac1a5bf57d3/print/), even after Cronos got out of the US CBD market years ago. The tobacco industry probably likes that the combination makes it harder to quit lol they love addiction.

Many_Easy

The longer it’s been since the **”few weeks”** remark about a rescheduling decision, the more it seems like a compromise is forming between the Project 2024 camp and independent/moderate voters. Specifically, I expect movement on hemp/CBD for medical use with a primary a focus on benefits for veterans and seniors. When it comes to recreational cannabis, I don’t see much beyond support for states’ rights and possibly SAFE-style banking reforms. I don’t anticipate a new Cole-style memo or changes to the 2018 Farm Bill that would limit intoxicating hemp. If Trump were to implement reforms and that’s still an “if”, I think hemp would be the main beneficiary with stricter age restrictions and limited access. I could also see POTUS dangling future Federal legalization as a carrot even though he would likely never implement under his administration. MSOs, in my view, would only see gains through the repeal of 280E, though a replacement tax could be introduced to offset it. I don’t see any IRS tax forgiveness for deferred 280e taxes. Overall, I don’t believe MSOs will benefit significantly. Instead, I see **the real winners being the hemp, tobacco, pharmaceutical, and alcohol industries along with Canadian LPs like Aurora, Village Farms, OGI, Aurora, and others.** I could see stocks initially moving on reforms, but I believe such reforms will fall far short of what cannabis investors expect in the U.S. I wouldn’t want to be an MSO in a state that doesn’t have recreational cannabis or is close to getting it. Just my take.

No_Love_Gained

My moves include additions to Tsnd, CL, and reentry into OGI. My order for GTII didn't fill, and I'll see if that works out next week. Glta

No_Love_Gained

That's great insight. All this wealth of information is like a little wiki on the web of cbd/ cannabis companies and their connections to broader players. So, in summary, they (bacardi) already have and/or at least have partnerships in place to jump into this space as soon as the regulations are sorted out. On another note, I am hoping OGI ends up buying CWEB out (and hopefully at a good premium) to kark their entry into cbd business in the US. Glta