OGI

Capital-Athlete2236

I doubt CRON will be purchasing OGI. OGI is starting to look like one of the best pure play MJ producers on the market. BAT will buy them out first.

4Inv2est0

To the person yesterday that asked me how CRON could purchase OGI... Well that acquisition could happen a number of ways. CASH, Cash + CRON shares, or All share deal. Will they do it? I doubt it as OGI likely has an asking price far exceeding the current OGI market cap, so quite a premium would likely be required for BAT to sign off. To be totally fair, OGI has built out a much better cannabis business in Canada than CRON imo - but CRON does have that massive pile of cash to eventually utilize.

4Inv2est0

If you are talking specifically cultivation, I bet some would argue that TLRY is much better. VFF is interesting. They have really lost market share it seems though. I guess TLRY did too. Many thriving smaller businesses + OGI seems to be eating the lunch of the CRON, VFF, TLRY, CGCs of the industry.

GuyOnTheCouch420

Doesn’t seem to be Cronos approach though. Feel like they would be more likely to buy things as they go bankrupt versus chase. Listen to the interviews ceo has done. Or international and not Canada. Also I know it’s just an example, but I doubt there will ever be a cron OGI deal because that’s basically like a team up of Altria and BAT…which I can’t imagine ever happening. But would be a great combo!

4Inv2est0

Terrible, but as long as they have that cash balance they can buy most of the industry if they want. Imo the issue is that after they buy the first one, all values go up betting on who is next. For example, let's say CRON buys OGI, the value of LABS, LOVE, DB, TLRY, VFF would likely go wayyyy up, with investors thinking they would be next to be acquired.

4Inv2est0

What's going on with OGI? Earnings on Monday morning. Looks like Australia is starting to get saturated with cannabis imports. Seems to be lots of Canadian LPs racing to export their product. Cronos, ACB, Canopy, MediPharm, TLRY, etc etc. Medical markets can only support so many imports before they cut it off and that will be very negative for companies with limited Canadian recreational cannabis market presence - like ACB and LABS.

4Inv2est0

1 week until OGI earnings. Pretty excited to see the revenues from the consolidated company. Revenues over $100m? Imagine what they would be with excise tax reform...

FoodCooker62

Yes I do not think that there is any industry that has produced such catastrophic losses sector-wide. Even the relatively succesful companies have seen a 90% or more decline compared to their highs.  Part of this is that the valuations were absolutely bananas. Companies like Tilray or CGC traded at 100-200x revenue at their 2019 peaks and 20-40x revenue at their 2021 peaks - while producing EBIT margins of -50% and net margins of up to -250%. There was only one way for stock prices to go from there: off a cliff.  The general issue, and why I think that this sector remains uninvestable, is that this sector has an insane ability to misallocate capital to bad actors. The highest valuations have always been assigned to the absolute worst performers. Liquidity is key: as long as your stock has high liquidity, you get infinite capital through dilution. Even now, after burning a combined 15 billion CAD of shareholder capital,  CGC and TLRY trade at a huge premium to other companies like HITI, VFF or OGI which have fared infinitely better in every sense.  The bad actors in this sector know that all they have to do is wait for the next meme-y hype run and then they can print some more shares and survive. Rinse and repeat. Some good news in MSOS? CGC shoots up 60% in two days. Print some more shares and another quarter is covered for. We need to see these companies perish before a sustainable uptrend can be achieved. 

4Inv2est0

OGI is building quite an impressive business. Very much looking forward to financials this month. Think we see quarterly revenue surpass $100m? Might get some attention if they pull that off

TreeSmoka420Joka

Hopefully good news for Sanity Group and OGI!

AdvertisingCheap2377

Been waiting 6 years to break even. Actually lost $180,000 (realizes) on Sunniva fiasco and currently down 60% (on paper) on OGI. FML 🤦‍♂️

FoodCooker62

CGC and TLRY diluted for half a billion CAD in just the last 12 months alone. Thats the market cap of OGI, Auxly, VFF, Decibel and Rubicon combined with some left over just for the hell of it. These funny meme spikes are only prolonging the sector being an uninvestable cesspool. Troll tier sector until the troll tier companies stop being the largest. 

CharacterFun9342

2021 felt like the start of a breakout, but it ended up being brutal for retail traders holding names like OGI and Tilray. If it’s only $1k and you’re already mentally detached from the money, it might be worth thinking of it as tuition for lessons learned. That said, if you still believe in the long-term cannabis industry (especially with potential reform or rescheduling), you could consider holding and just letting it ride,but realistically, a lot of those early hype stocks have poor fundamentals now. No shame in cutting losses and using that capital and headspace for new opportunities, even if it’s just keeping cash on hand while you research a stronger game plan. You’ll be entering your next trade 10x wiser than you were in 2021 Curious to what sector you got in mind

GermanJustice

Same for me. I bought OGI and Tilray 2020 big time. Selling makes no sense anymore. Holding and forgetting it

One-Yard9754

I doubt Bats lets anyone buy OGI. Companies have ways to defend themselves from takeovers, it has to be in their benefit to be acquired (and the shareholders too).

FoodCooker62

So when is CRON going to deploy that scrooge mcduck cash balance? They can buy VFF and OGI together five times over 

FoodCooker62

Poor OGI. I think they split like 4-to-1 last year thinking there's no way it could get worse. Brutal. 

GeoLogic23

Yes i am, and from the limited info it seems like a good move. I've obviously been focused a lot on what i see as great potential in the hemp beverage market, and have been waiting for OGI to officially move into it. BATs venture capital arm has invested in a lot of beverages (Moment, Tru, More Labs, Hop WTR, etc.) so i figured it was going to happen at some point soon. BAT's most recent investment (Hop WTR) is also an investment from Constellation Brands.

TreeSmoka420Joka

What do you think about this move Geo? Are you still in OGI?

KAESLAX

CGC back under US$1 after their 10:1 reverse split in December 2023. OGI also getting close, though they only did a 4:1 reverse split in July 2023.

TomorrowLow5092

I find Cronos and OGI as having the lowest debt equity ratio and highest shares owned by staff.

TreeSmoka420Joka

Wish BAT would just buy OGI out. Been holding for 4+ years and tired of the constant beatings.

FoodCooker62

Their valuation is still multiple times richer than competitors, many of which have better margins and actual growth. If tilray would be valued like VFF or OGI on an EV/sales basis their share price would be roughly 20-25 cents. From that perspective it makes sense to issue shares now that the valuation is still high. 

GuyOnTheCouch420

BATS program like you think it’s related to the OGI backer BATS?

smoke420green

$OGI is my losing weed stock

GeoLogic23

Are you looking for cannabis stocks? There are plenty of examples of regular stocks, including one of the most famous ones ([Priceline](https://www.foxbusiness.com/markets/priceline-reverse-split-the-biggest-stock-comeback-ever)). *"Since then, Priceline Group has been a nearly unparalleled success story. From its post-split level of around $22 per share, Priceline stock now fetches more than $1,400 per share."* Cannabis companies are **all losing massive amounts of money**. There really aren't many companies with even decent financials in this entire industry. So people are saying reverse splits are the reasons these cannabis companies are doing bad, but it's purely about their financials. Reverse splits may happen, but their stock price is declining due to financials. Most would continue to decrease whether or not they reverse split, **because their financials are bad.** **ACB is also up significantly from its last reverse split** lol idk what you're even talking about. They dropped down into the high $2 range, and are now trading at $5. OGI also reverse split and then immediately got a major investment by BAT and went from $1 to the high $2 range.

420BayStreet420

No pumping just stating I bought the dip. How’s OGI and HITI doing buddy?

GeoLogic23

I actually documented my Stem Holdings play in [real time](https://www.reddit.com/r/weedstocks/comments/1agyliw/comment/kolcwr1/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) and then said how I got out with a [huge gain](https://www.reddit.com/r/weedstocks/comments/1alqo3y/comment/kphodsn/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). This was just with no options, just shares, because this sketchy company did a 100:1 reverse split without filing the paperwork. I described my entire trade [in detail here](https://www.reddit.com/r/weedstocks/comments/1eomtbw/comment/lhfuf53/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). Note that I am clear that trying to do stuff like this with penny stocks is extremely risky. I'm not saying to trade every reverse split. I'm saying if you realize that there are actually some decent companies that need to reverse split, they can be extremely good trade opportunities. With ACB, I was not saying I would buy them after their first reverse split, when they still held massive debt and stuff. However right before their last reverse split they had just finished paying off their debt and were looking a lot better. I went in hard after their reverse split and have a low $3 average. Similar play with OGI, where everybody here was saying reverse splits are guaranteed to destroy a company. I pointed out the flaw in this logic and the fact that OGI's financials were solid, and I went ahead and went heavy into OGI in the low $1 range right before BAT invested more into them.

4Inv2est0

Do we all agree with the market regarding weedstocks? Or do we believe the market is wrong? The market did not like the Motif acquisition by OGI...personally I like that Organigram is now the #1 LP in Canada. Just wait for their next earnings release to see the real size and profitability of the consolidated entity.

GuyOnTheCouch420

Interest income is real for Cron lol. ACB had bullshit non-cash items but also had actually positive results. Cron, ACB, VFF, OGI (unless they do more dumb shit like motif) all seem investable now. Maybe SNDL but so many moving parts it’s hard to track and scared of their US holdings given the market. I think all the above LPs trade at a discount because ppl just watch CGc and TLrY and assume the rest are the same

4Inv2est0

OGI badly needs federal excise tax reform ... TLRY and VFF as well.

TreeSmoka420Joka

Can we please get some tax reform for cannabis in Canada? Asking for my OGI holdings…

GeoLogic23

You are doing the correlation causation fallacy... Every company that fails will reverse split. Not every company that reverse splits will fail. I made good money from trading reverse split dips on ACB, OGI, Hydrofarm, and others. I literally turned a few hundred dollars into like $15k by taking advantage of reverse split shenanigans with Stem Holdings. OGI isn't going anywhere. They reverse split right before BAT took a larger investment in them. Idk how you can say that reverse splits are financially meaningless, but also signal the end lol and you have the nerve to say i have a lack of experience. **And AGAIN i am not promoting Tilray. I am simply correcting reverse split misinformation just like i do with every single company where a reverse split is discussed**

4Inv2est0

Why would you think ACB benefits from excise tax reform? Excise taxes relate to recreational cannabis. They have very small, and shrinking, recreational revenues.... If anything they will look tiny compared to TLRY, Canopy, and OGI if excise taxes do change.

4Inv2est0

Excise tax reform does not really help ACB, very minimal amounts of excise taxes paid. OGI, TLRY will be massively impacted by excise tax reform. ACB has a very small position in Canadian rec markets.

4Inv2est0

Sounds like good news for ACB and OGI

somestimesyouwin

They are also heavily invested in OGI, and had top up rights that artificially created extra loss on OGI's recent report. It is my opinion and belief as a degenerate gambler that OGI will show good results soon, recovering and creating profit for this investment.

pdub1959

Tlry has the eu GMP certification and I believe OGI does as well. Probably others

New-Ad-3349

Not true, it is actually much more. If you remove the loss from BAT top-up it looks like they have like 3 years worth of cash runway at the bare minimum. go pro forma on the final tranche of the BAT investment, then OGI will have 173m in cash. Here is a quote from an earnings transcript released 02/11/2025: "OrganiGram continues to maintain one of the healthiest balance sheets in the industry with $173,000,000 in pro forma cash as of the closing of the final BATE funding tranche" Not advice, not an advisor, these are opinions, do your own research. I hold a long position in OGI.

4Inv2est0

OGI doesn't have the time they used to, their massive cash balance gave them time, and they used a lot of that to buy Motif. The time to get this right is Q2 2025. The market is giving signs that OGI could drop off terribly if they don't start to show better earnings. Cash seems to be the only asset that weedstocks investors appreciate on the balance sheet.

Muted-Dimension-1428

Citadel has the biggest short, I am not sure why they would short it. No way OGI is dropping anymore. If it does I am buying more

4Inv2est0

I am bullish on OGI and I have been for years. That said ... their Q1 2025 earnings report was ... not good

4Inv2est0

I would have expected OGI to be cash flow positive again. Not exactly sure what happened there.

4Inv2est0

Well said! I am very impressed by OGI but that earnings report really could have been better. I expect Q2 to surprise many when the revenues from Motif are fully accounted for.

TomorrowLow5092

OGI is a big seller in Canada. They bleed every quarter though. The tax structure of cannabis in Canada leaves the business no choice but to reinvest profits into growth vs earnings. The best operators have expanded and export into new markets around the globe. Hopefully this year we will see a better tax structure for growers in Canada, this will have an immediate effect on OGI, VFF, and TLRY. They are the top three in Canada.

GeoLogic23

Just some context, as I've noticed you mentioning the top up rights a few times. BAT has had top up right since their first investment in OGI and have used them whenever they have [actually diluted](https://www.businesswire.com/news/home/20220228006194/en/BAT-Exercises-Top-Up-Rights-to-Invest-6.3-Million-Resulting-in-an-Increase-in-Equity-Position-from-18.8-to-19.5) like in 2022. I've mentioned these [top up rights](https://www.reddit.com/r/weedstocks/comments/16rnt9p/comment/k27dxdv/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) before in relation to recent investments. As you correctly point out, a lot of their current net loss is just top up rights adjustments. From their earnings: "The increase in net loss from the prior period is primarily attributable to a higher fair value loss recognized in relation to top-up-rights of BAT"

New-Ad-3349

In my opinion the recent OGI report was viewed far more negatively than it should have been. Here is why I believe this: The BAT investment carried top up rights (the right to buy shares off the market at a discounted price in the event of dilution in order to preserve ownership percentage (the motif labs acquisition being the event)) and when BAT exercised that right it created a fair loss attributable to shareholders that made the recent earnings report look much worse than it actually was. On top of this ogi did not include pro forma revenue numbers and motif labs only contributed 25 days worth of revenue. Motif labs has around 80m a year of revenue so this is quite substantial. OGI was cash flow positive last quarter and expects 10m in synergies from the motif labs acquisition. They now hold number 1 market share in Canada by branding. Even if it takes 3 quarters to integrate motif labs to a point of cash flow positivity (it won't, motif was a very healthy company) a market cap of less than 180m is absolutely ridiculous when they just paid 90m for motif labs. If they chose to sell their business it would demand a steep premium to these trading prices. I am long OGI. These are my opinions and in no way advice of any kind, I am not an advisor of any kind.

4Inv2est0

Wow OGI... what happened

cannabull1055

Lol did you listen to anything I said? This is for an ETF or for a client or something of that nature. Blackrock did not make a prop trade on OGI of 400 dollars. After this whole conversation, you are still not understanding it.

cannabull1055

I don't know why are still positing random things about OGI lol and like I said, Blackrock did not initiate any coverage with a $400 purchase. That is completely irrelevant. Not even worth mentioning.

New-Ad-3349

You have made it my mission to inform people about OGI's run rate and business fundamentals between now and jan 1 2026. Keep it up, I do this full time 😘.

NoOcelot

Why has OGI tanked from $2.50 to $1.89 (Cdn listing) since earnings yesterday? Revenue was down slightly and the net loss ($16 M) was significant, but it looks like this is mainly attributed to the unrealized loss from the BAT top-up clause related to the Motif acquisition. Not great earnings, but I dont understand why the market justifies a 15-20% drop here.

Gambelero

Thanks for the help. I remember the BAT deal was celebrated here because their buyin was at substantial premium. It’s hard to image them getting such a steep discount on the Top Up that OGI would be forced to take such a humongous loss. Obviously, I’m missing something.

cannabull1055

Lol Blackrock did not buy $250 dollars of OGI because they are watching it. I can guarantee you that.

New-Ad-3349

I have not dug as deeply as you into the numbers apparently so please take everything I say next with a grain of salt. None of this is advice of any kind. My understanding is this: BAT invested funds to acquire a certain ownership percentage, what that ownership percentage and the terms of that deal are, I am unaware of. Apparently a rider on that deal was a "top-up" clause. This earnings report is the first I have heard of this. A top up clause is an agreement that if a company dilutes for any reason, such as the $50m in stock for the motif labs acquisition, the holder of said clause has the right but not the obligation to purchase shares at a predetermined price up to and not above the amount of shares required to maintain their ownership percentage. Those shares were sold at a steep discount to trading value, which caused a fair value write down. If the numbers you stated are correct, the loss of that share price discount attributable to shareholders is $18m of fair value (that sounds about right for stake preservation against a $50m dilution if the share we sold at say, 50%ish value). If I am understanding this correctly this will not take place again unless they dilute further and the top up clause is exercised again. I have not read any such agreement related to this transaction so please do your own research. I have no idea what the actual terms of this agreement are. I may be entirely incorrect here and none of this information should be taken as advice of any kind. This is purely speculation. I hold a long position in OGI.

New-Ad-3349

Please provide more detail in addition to what location you are finding this data. On OGI's website I see other income as a $2m loss, not 12m. Regardless of any data you are asking me to digest my above statements are my opinions and nothing more. Do what you wish. This is not advice.

New-Ad-3349

These are my opinions, I am not a financial or legal advisor of any kind and none of this is advice in any way. I do hold a long position in ogi that got hammered today. I believe this is temporary, here is why: The one time loss attributable to shareholders due to BAT's right to "top up" in the event of share issuance (the motif labs acquisition) to protect them from losing their percentage ownership was exercised at a discount to trading value, causing a fair value loss attributable to shareholders. This event was used to create minor capitulation, with a bottom load of -.28 USD. I added as well. Blackrock took a 250 share position on 2/07, I view this as a im watching and waiting to initiate coverage position. I do the same thing but I'm a retail investor so I do it 1 share at a time. I believe, just my opinion, that black rock will be adding during this dramatic downswing that is very much overlooking the reality of this release. Ogi now has #1 market share in Canada, their cash position is over half of their market cap and the motif acquisition added 86m revenue annualized. OGI did not release pro-forma numbers from the motif labs acquisition. Motif only contributed 12/6-12/31 consolidated financials. Do your own research, none of this is advice, fact check all of my statements. I have been wrong before and I will be wrong again. I was not aware of BAT's top up rights. Regardless, I hold.

TomorrowLow5092

OGI tanking hard premarket.

One-Yard9754

Not a bad PR....that excise tax is a killer though! I have a small position in OGI, maybe if ACB ever retraces I'll swap the two out. Excise taxes and 280e are killers!

One-Yard9754

I'm not really looking to invest any more. If Greenthumb, OGI, ACB crater - especially the later - I might add some more, but like others have said it's more or less dead capital for until at least the Trump presidency runs its course. I wouldn't even put any more money into Trulieve (have a small position), just stick to the guys with low or no debt but are actually profitable. The AYR, Ascend, Verano, Curaleaf, etc. etc. should have been dumped long before the election, and then definitely after the election! I just see these stocks going to zero because of the awful balance sheets these companies put themselves in. I don't know if it's 'the shorts are in control' as it is that the sector was very overextended and is coupled with that is in decline for the last few years with oversaturation of players. Like all economic cycles that will balance out, the long-term growth of the industry is still there and viable - but it's like investing in Apple versus Motorola as cell phones were taking off, company-selection is critical.

Twist_of_Fate_44

Glad I didn't load up for that one! Reverse ACB incoming for OGI today

Hey_Hank

Could it be that some if not all R&D expenses are blocked into the research partnership with BAT vs OGI Canada cannabis production and sales business?

FoodCooker62

I tend to like OGI but it is absurd that they continue to filter out R&D expenses in calculation of adjusted EBITDA. Its supposed to filter out one time expenses and related costs, which this is clearly not. They have R&D expenses as an ongoing, recurring business expense and it should be treated as such.  "If our employees worked for free, we would make lots of money!"

mfairview

Interesting... ocs use to release an annual report of their sales breakdown but, afaik, stopped a few years ago. Flower use to be far and away the largest segment so interesting to see OGI taking the pole posution while #3 in flower. Wonder how much the distance is between the top 3? #1 market position in Canada holding the #1 position in vapes, #1 in pre-rolls, #1 in milled flower, #1 in hash, #1 in pure CBD gummies, #3 in edibles, #3 in dried flower

sdkiko

"• Company implications: We will not delve in this report into detailed company read, but in principle most Canadian LPs with export capabilities (EU GMP certified manufacturing and processing facilities; overseas distribution capabilities and route to market, or at least established distribution partnerships; know-how to navigate the regulatory complexities), should benefit from the rise of the overseas MMJ markets. In C$ scale, the largest (in alphabetical order) are Aurora, Canopy Growth, and Tilray. Both CRON and OGI also have arrangements overseas. Companies like Avant, Decibel (see our note on the AgMedica deal), Rubicon, SNDL, and Village Farms, are also gearing up for export growth (in fact, VFF says about a third of its B2B sales in Canada end up being reexported). Note: VFF is one of ten licensees in the Dutch rec pilot"

One-Yard9754

Tillray? Doesn't sound like a genius move, you should have been dumping that into ACB, or HITI or OGI.

GuyOnTheCouch420

Cronos USD too. SNDL, CGC OGI all CDN

Flipside68

Yeah - I’ve been following for years - the slow claw back has been awesome - today is such a good sight. Just been loading hmmj through this trough. No I can pull back on the DCA a bit. I did buy OGI but his fall. Happy so far

4Inv2est0

To the person that said to me yesterday, that OGI is 5x cheaper than CRON...what metrics are you using?

Orennji

OGI is like 5x cheaper and making inroads on US hemp. I think Altria will eventually produce CRON to do ... something. Or allow it to get bought out. I like both and I sleep fine.

4Inv2est0

...and no the answer is not HITI - to the OGI vs CRON question

4Inv2est0

I debate OGI vs CRON way too often

4Inv2est0

Really curious what happens with LPs like OGI...they shouldn't be impacted too much? Other than people having less disposable income It would also be interesting if this pushes the Liberal government to reduce their excessive excise taxes

GeoLogic23

Canopy, SNDL, Tilray, OGI, and Cronos all do have US-based investments of some sort. Canopy has Canopy USA and their hemp products. SNDL has Sunstream companies. Tilray is doing hemp-derived beverages. OGI is invested in hemp through Open Book Extracts (North Carolina). Cronos potentially has PharmaCann and other Gotham Green companies.

GeoLogic23

MJBizDaily pumping 2025 stocks with a [guest column by Tiby Erdely](https://mjbizdaily.com/why-2025-could-be-a-banner-year-for-cannabis-investors/). Funny how it doesn't mention hemp whatseover though, because Tiby Erdely is from KEY Investment Partners. KEY employ one of the lobbyists for the US Cannabis Roundtable (**David Culver**) who came from Canopy Growth and prior to that lobbied for big alcohol. KEY also has Canopy's former US THC strategy head on their advisory board. They also have a person focused on cannabis who works at John Boehner's law firm. Most importantly, KEY Investment Partners are early investors in BAT/OGI hemp investment Open Book Extracts. David Culver had two clients when he was lobbying for the US Cannabis Council (now Roundtable). Those were the [US Cannabis Council](https://lda.senate.gov/filings/public/filing/bf89a8d4-bd9f-4c04-b98a-dfa8b0affb03/print/) and [Open Book Extracts](https://lda.senate.gov/filings/public/filing/98fbe479-990f-46d1-8f56-641cac002612/print/). Soon after that, CWEB and Open Book would help form a new advocacy group called ONE Hemp. After that group was formed, Culver stopped lobbying for Open Book and [started lobbying for ONE Hemp](https://lda.senate.gov/filings/public/filing/331bb7d8-8a75-4a71-9379-bc80f84f36b9/print/). Tiby Erdely's KEY Investment Partners [aren't even really invested in publicly traded US Cannabis](https://keyinvestmentpartners.com/portfolio/). So it's odd they are writing articles saying that they are undervalued. Wouldn't it make sense to invest in them before telling others to invest in them?

sdkiko

Frederico sounds Brazilian which means o maluco manja, porra. GTII, OGI and SNDL are his picks.

Hasage

I recently played earnings on OGI (won) and apparently they're pretty big in Canada. My understanding of weed stocks is zero. However, can you direct me to one that isn't like all of the others? As in, between this two stock sample size, they look to be exactly the same. I don't see how one has more upside than the other. Their market seems over saturated.

Many_Easy

Very true. A likely silver lining for Tilray Brands, ACB, OGI, HITI, and a few MSOs like Green Thumb.

GeoLogic23

CRON, OGI, SNDL, and ACB all have no debt and cash on hand. Except I believe ACB still has a small amount of debt related to Bevo.

4Inv2est0

Weedstocks festive special. CRON OGI WEED TLRY ACB

MontyNinjaPython

I'm trying really hard to get the numbers. It seems the cash flow from operations in the earnings report is positive compared to q4/23. But google and yahoo finance list q4/23 as positive. I get really frustrated about missing or wrong figures in the various online sites. Also OGI makes no mention of EPS.

MontyNinjaPython

I'm half OGI, half Truly. Girl Power Rollercoaster.

MontyNinjaPython

So OGI met 0.04 EPS exactly as expected in Yahoo Analytics. While gaining a whopping 22% revenue. Price went up in Europe by 10% but when Trumpistan entered the market it's FUD, lol.

theduderino38

Someone poke OGI shares plz lol

Affected1

Lets go OGI !

Hasage

Puts on HEI, GIS, BURK, and ABM. Calls on OGI.

Many_Easy

Maybe for OGI due to good earnings and other larger Canadian LPs.

Informal-Law-7114

What time is OGI announcing earnings?

AdvertisingCheap2377

I think I still have around 12000 shares with OGI.

theduderino38

Ugh I have 5 calls for OGI that will expire worthless unless they pull a miracle tomorrow

Hocari-

any thoughts on OGI? expecting beat

4Inv2est0

Will be interested to see if there will be further discussions regarding excise taxes + LPs margins... LPs green today I imagine? OGI, CRON, ACB, VFF?

PieIntelligent3892

Anyone playing OGI?

4Inv2est0

They don't seem very interested in investor relations, and that bothers me. Strange to see LPs like ACB press release pre-rolls being rolled, yet OGI investors sit in the dark on almost everything, until the official financial statements come out.

4Inv2est0

OGI statements this week. Should tell us a lot about how the larger LPs are performing.

4Inv2est0

OGI Motif

theduderino38

I’m holding a about 20-30 tickers of LPs and MSOS and ETFs in the cannabis sector Current positions by top market value on down are Green thumb, Trulieve , ACB , Tilray, CGC, ascend, OGI Cresco, Verano, planet13 and others ETFs are MSOS, MJ, YOLO ,

4Inv2est0

Do me a favour. Take a look at Canadian LPs, and let me know which ones you think are trading at 52 week lows, similar to MSOS. Have you read the financials for CRON, OGI, ACB, HITI? I recommend you do some research before making grand statements that all weedstocks are the same. This is exactly the reason I am requesting separate discussions. The MSOS crowd is very aggressive about telling everyone how badly their investments are going, while the Canadian LPs are actually moving forward with a domestic recreational/medical space while gaining market share in international medical markets as well.

4Inv2est0

I agree. High price for Motif, and considering the speed of their revenue growth, who knows if their growth has even been sustainable. Lots of brands have come and went in Canadian cannabis. My issue is they also just dumped $50m cash into this acquisition, when cash was what set OGI apart from the pack. Would have liked to see them be more effective with that cash balance and protect it instead of spend it.

4Inv2est0

I disagree. You will be comparing fiscal year 2024 with fiscal year 2023. Very worthwhile to read Q4 even though the Motif deal will be a subsequent event to the fiscal year. That said I am expecting them to post a large loss for the year, but not as bad as 2023. That said, do you like the Motif deal? Market doesn't seem to like it much, any time OGI faces dilution the market doesn't like it imo.