OGI

Kbarbs4421

**Global Expansion Strategy/Philosophy** >**Zuanic:** Can you explain, in the context of the consolidation we are seeing in Germany--High Tide and DEMECAN, OGI, Sanity--why was Holland a priority over Germany, especially with the market consolidating and some distributors still being available? > **Gorenstein:** When I look at Germany, the first thing is, there’s still regulatory uncertainty, and you’ve got some movement that’s going through. We expect in the coming months to get certainty. I also think when you look at availability of licenses, you know, distribution and opportunity to get into the market, there’s plenty of opportunity to get in. There are many options there. > From a business model perspective, it can be difficult because some of the distributors that you look at buying, they have many brands on the platform, there’s a lot of different distribution, and you’re not sure if you’re picking up a business, are you still gonna have that distribution business because they’re distributing your competitors. It’s something we continue to evaluate, think about the smartest way that we could deepen our presence in the market. We thought the Netherlands was much more sort of on strategy. It’s a market that, without making a acquisition, we would have no way to get in because it’s closed as far as import/export. It has its own supply base, its own brands.... > You know, we feel like it’s not a step towards getting towards adult use and building a brand. It’s moving directly into the adult use market in a place where you’ve had a 50-year history of adult use sales, and we think gets the most brand leverage for any market across Europe, just given the kind of culture and history around the Netherlands coffee shops. So we thought it just made a lot of sense, and it was a really unique opportunity for us. > **Zuanic:** Just a quick follow-up: Look, I mean, in markets like Australia, we’ve seen operators, distributors taking control of downstream assets, whether it’s clinics or even online pharmacies. We’re beginning to see that in Germany, apparently, and it’s happening in the U.K. I mean, Curaleaf owns a clinic there and an online pharmacy. How do you think about downstream opportunities, medium, longer term, or is that something that you prefer not to be involved in? > **Gorenstein:** Thanks. It’s a great question. I think we take a really long-term view on any acquisitions and capital spend, and I think it can be market specific, but I’m always looking at where do I think the market’s gonna end up? And if it’s something where it’s a more temporary business or we’re worried regulations are gonna change it’s something where we prefer to be a customer than an owner of the asset. But if I think it’s gonna be locked in for longer and we can model it out and see there’s a long-term payback to being an owner versus a customer, then it’s something we would consider. I think it’s really market specific. But I do go back to the experience we saw early in Canada. If it’s a market where we think it’s gonna go adult use, or if it’s a market where we think that regulations can change, you know, what that funnel looks like, it’s something we would rather just spend the money to help with marketing and demand versus be sort of an owner of that part of the funnel. [Conference Call Transcript](https://in.investing.com/news/transcripts/earnings-call-transcript-cronos-group-q4-2025-sees-revenue-miss-stock-down-93CH-5260546)

Flipside68

Canadian names going green today - ice move on jazz this week - need chron, OGI and IIPR to pump now.

THEgloriousoump

This 🤡 likes to say it’s easy but I recall him saying he bought 10000k shares of OGI and how things were “predictable”. Funny thing tho…when he claimed to buy those OGI shares would be a SOG ficant loss rn, so he’s doing it wrong but pretending like he’s doing it right. I actually don’t believe he’s doing anything but posting comments tho.

the_mammynun

It seems OGI was pressured into this purchase by BAT to fulfil their international vision. 

SwordfishOk504

> OGI doesn't have the skill-set or the motivation to run a large-scale German cannabis import business Sorry, but how do you figure that? I agree that OGI is a pretty inefficiently run, top-heavy company but how would they not have the "motivation" to operate this business they just bought?

gdren

lol I don't believe you for a second. There have been like 5 months total in that 3 year period that have been below today's price. You would have had to pretty much only buy during those exact periods to be up on your OGI average. The fact that you say DCA and swing trade in the same sentence is hilarious. Which one? They are antithetical. My guess is "DCA'd" down from your initial purchase at \~$4 then swing traded a on pump to "reset" your average - ignored that loss then bought a bunch when it dropped again and claim that as your average. Also humorous that your flex is investing in a different company than OGI...one that's losing a ton of money and pumped on vibes. Hope you sold out cuz they are outta cash within the next 2 quarters. PS: BAT IS the creditor that may wipe you out...

gdren

I mean.... you've lost more than 50% of your investment over 3 years if you bought OGI so I'm not entirely sure it's a flex. The past 1 year they are flat... Maybe there's upside but they are still losing money in Canada and are now taking on more complexity over seas. Could be some upside but the risk to the downside is enormous

the_mammynun

There was news this morning. BAT is buying topping up their stake in OGI... In other words dilutive financing. 

GeoLogic23

I know you are trying real hard to be negative about everything, but you're talking to the wrong person. I have talked about their financials many many times, going back years. Here is me talking about financials [three years ago](https://www.reddit.com/r/weedstocks/comments/14zc8gu/comment/jrx7nsr/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). Notice I don't shy away from highlighting negatives too. >OGI with the run into financials and dump after again. **Margins got crushed**, being blamed on a large increase in "30%" THC flower on the market all of a sudden. Regardless, they need to fix it. Not too worried, as they will survive due to cash/debt. >Big impairment took a lot of goodwill off the books. **Real net loss like -23M**. >The **$75M cash and negligible debt** are the primary things I care about right now. That and waiting for CBD laws to get clarified, or for BAT to do something. Here's another from [years ago](https://www.reddit.com/r/weedstocks/comments/14zc8gu/comment/jrxh563/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). Notice I am following BAT's pursuit of hemp in particular, even years ago before anybody was talking about it. >As I stated, my preference is based on their cash/debt and the continued evidence that BAT is serious about making moves into CBD in particular. $75M cash and negligible debt is very good if they are able to correct their margins. Besides CRON, they are practically the only cannabis company I am very confident will "survive" whatever hardships the market faces. >But I'm sure there will be a lot of very dramatic people here today who think I'm here for the short term and will criticize. Don't day trade this sector. You will lose all your money. How long have you been here exactly?

SwordfishOk504

This is about the headline and making OGI seem like a swinging dick to outside investors, not about any actual fundamentals (which, as you note, are not really there). The German market has seen incredible growth in the past few years but it's trajectory is slowing down and there are domestic producers like Tilray/Aphria and Aurora and Demecan are pushing back against exports and the German regulators are listening. Companies like Organigram and others have already lost a lot of weed to this, largely through increased enforcement in Portugal. Anyone following this market closely is well aware of these issues. But retail investors and others just trying to not miss out will leap before looking.

SwordfishOk504

> People investing in OGI are doing so in large part due to BAT's deep pockets and their continued commitment to OGI. That's kind of a funny way to admit you aren't investing in them based on any actual fundamentals like earnings. Without BAT's deep pockets, this company would be bankrupt. But just like Canopy and the others back in the day, that spending ends at some point.

the_mammynun

Which is exactly why it will fail. OGI doesn't have the skill-set to run a large-scale German cannabis import business, even with BAT at the table. Remexian is going to eat their lunch. 

gdren

Ya given BAT's ownership in Sanity, this feels like it was BAT pushing this rather than an OGI strategic goal

GuyOnTheCouch420

compare to the multiple that HITI paid for remexian (2.9x ebitda IIRC) and Cronos paid for Candelar (2.4x ebitda IIRC). Those were ebitda multiples not revenue and are close to the revenue multiple OGI paid before the 100% earnout! Feels like BAT had to invest at a premium to convince OGI to do this.

gdren

Not inherently negative as they got a premium to current price but if all marks are met it would dilute the current OGI shareholder by 42% for under $100m in '25 revenue. Lots of risks involved

GeoLogic23

If it were just OGI making an acquisition with existing assets, then the typical pattern would be more likely. However since this is BAT making a move just as much as OGI, i don't think it's directly comparable to a typical acquisition. It could still go down though once the deal is digested a bit.

bananastock

Bought ITM OGI calls furthest expiry available - October, last week. With BAT backing, I thought it a decent risk. Typically the aquiring company falls, but I guess the market likes this aquisition. We'll see how long it holds.

BroChochOooo

BAT has a vision and will turn OGI into a beast and then take it over eventually so anyone holding longer term will reap the benefits when they wake up one morning and the news is public. Just a matter of time.

stylezlol

This news release is what I needed as a OGI investor. It brings so much more clarity to their international strategy and disappointing Jupiter fund allocation. There’s a lot on the top up rights with BAT that I need to sit down and better understand as I failed to do so with the Motif acquisition. But as Geo pointed out: “Acquisition is expected to be financed by a combination of cash on hand, proceeds from a new credit facility, and expected C$65.2 million equity investment by BAT.” That’s huge! The 65.2 million financing could be the star of the show and I don’t understand the comment above regarding this being an issue. The Canadian government created and maintains an industry that only companies backed by billion dollar companies can survive…I wouldn’t touch an LP that doesn’t have this kind of backing in the current environment. This whole news release is just incredible for my own thesis on the company and confirms my conviction. Regardless of what the market decides here I’m very happy from a strategic and company direction point of view. Happy to see this and it brings OGI to the next level of scale.

GeoLogic23

Destroy the company lol my god that is so dramatic. Yes this is only possible due to their $100B global CPG partner. Only you could somehow make BAT's continued investment in OGI a negative. People investing in OGI are doing so in large part due to BAT's deep pockets and their continued commitment to OGI.

FoodCooker62

Thats the second German importer/distributor acquired by canadian company (high tide's remexian before this). Price to be paid seems extremely high compared to OGI market cap (130M EUR upfront + 120M dependent on performance metrics. 250M EUR is almost 300M USD, which is almost double of OGI's market cap. At the same time sanity doesnt seem particularly profitable (press release only mentions 'Sanity generated positive EBITDA in 2025.' which isnt a particularly high bar. they also recognize that competitive pressures are pushing on margins 'Based on tightening competitive pressures in the German market initial expectations of gross margins of \~39% to 40% and adjusted EBITDA margins^(4) of 10% to 12% are targeted.'. So basically if Sanity achieves a near-100M EUR run rate it will generate around 11M of adjusted EBITDA. If all performance metrics met they will need to cough up an additional 120M EUR. this acquisition is only possible through BAT's backing. But if they dont execute on this it could destroy the company. it seems extraordinarily risky to me, although a positive is that BAT is buying shares at a big premium compared to stock price.

Orennji

Too early to tell. I'm 2x on my individual MSO holdings that I bought in 2024-2025. 3x on VFF. Bagholding on some OGI and micro caps, which I'll rebalance into MSOS if I don't see improvement. 

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.