mac soared higher than my hopes for the future *ago

Sales and EPS are expected to grow 64.1% and 320.0%, leading to a bullish reading.

But analysts are expecting the next year to bring some relief. OrganiGram has disappointed investors with its sluggish revenue growth and cash burn. Its brand portfolio includes Edison Reserve, Edison Cannabis Co, ANKR Organics, and Trailblazer. OrganiGram Holdings focuses on producing indoor-growth cannabis for patients and adult recreational consumers and developing overseas business partnerships. Marijuana Stocks To Buy: OrganiGram Holdings (OGI)ģ0 Marijuana Stocks to Buy as the Future Turns Green For all this, if you get shares for just 9.8 times P/S, I’d say it’s a steal. Looking ahead, it’s expected that the company will increase sales by 31.5% next year. In the past five years, sales have grown 179.6% on average. Aphria closed the acquisition last year.ħ Blue Chip Stocks to Help Prepare For Your RetirementĬEO and Chairman Irwin Simon said the purchase would allow the Canadian licensed producer to build brand awareness in the U.S. presence is its main Achilles heel, it does have some exposure in the form of SweetWater, a craft brewery. It has operations in over 10 countries outside of Canada and is the main distributor of medical cannabis to Germany.Īlthough not having a U.S. Nonetheless, now that the Democrats are in power, we can see headway on that end.Īphria operates through retail and wholesale channels in Canada and internationally. CBD or THC markets due to federal prohibition constraints. Aphria does not have exposure to the U.S.

Mac soared higher than my hopes for the future *ago