The niche market for marijuana-connected companies is still very small, but it’s gathering a lot of steam. In recent weeks, two companies with large market caps have made significant headlines.
As you may know, cannabis stocks are extremely volatile and difficult to trade in, due to the nature of the marijuana industry. However, a new cannabis product is emerging that is making waves in the industry. This product, Potbox, is a cannabis concentrate unit that has been gaining popularity in the industry. Potbox is a small, discreet, and portable unit that requires no assembly or prep work. The Potbox comes with a pre-filled cartridge and contains a quality flower. The unit is managed by an app on your phone which allows you to track your inventory and monitor your consumption. While a completely new concept, the product is growing in popularity. Now, it appears that another company
George Leong, BA. Published on 18. May 2021 
OrganiGram shares have a high risk/return ratio
Weed shares are under pressure after reaching multi-year highs in mid-February during a wave of buying triggered by Reddit. The vast majority of marijuana stocks have experienced a correction of more than 30-60% from their February levels. Such is the case with OrganiGram Holdings Inc (NASDAQ:OGI), a vertically integrated producer of medicinal and recreational cannabis. OrganiGram is currently a pure player in the Canadian herbal market and has a small presence in Germany and Israel. The company does not currently have the capacity to enter the potentially huge cannabis market in the United States. However, I wouldn’t be surprised if OrganiGram opened a facility there as the country continues to legalize recreational firearms.
Reduced but not eliminated for OGI actions
OrganiGram shares were listed on Feb. 11 at $6.45, but the next three months were unforgiving for OrganiGram Holdings Inc. OGI stock has lost 60% since February, even though it is up 88% this year. In the chart below, OrganiGram is trading cautiously in a narrow sideways channel bounded by the 50-day moving average as resistance and the 200-day moving average around $2.00. A drop in OGI stock to its 200-day moving average, which is a 17% drop from its current price, would be a good opportunity. The key level has held up in the past as well. 
Graph courtesy of StockCharts.com
Revenue is expected to increase and profitability is in sight
OrganiGram Holdings Inc reports for the year ended 31. the fiscal year ended August. The company’s revenues increased from C$6.1 million in 2016 to C$86.8 million in 2020, representing a compound annual growth rate (CAGR) of 95%. Revenue growth fell to 7.9% during the 2020 COVID 19 pandemic and is expected to continue to decline this year.
| Fiscal year | Revenue (millions of Canadian dollars) | Growth |
| 2016 | $6.1 | N/A |
| 2017 | $5.4 | -12.1% |
| 2018 | $12.4 | 130.6% |
| 2019 | $80.4 | 547.0% |
| 2020 | $86.8 | 7.9% |
(Source: OrganiGram Holdings Inc MarketWatch, last accessed May 14, 2021). Analysts estimate that OrganiGram’s sales will decline 16.8% to $72.2 million in 2021, depending on the economic recovery in Canada, where the pandemic remains a major concern. (Source: OrganiGram Holdings Inc (OGI), Yahoo! Finance, last accessed May 14, 2021). The good news is that there are signs of economic improvement in Canada. Not surprisingly, analysts expect OrganiGram’s revenue to increase 57.8% to C$113.9 million in 2022. Right now, the most important thing for OrganiGram is the revenue stream and the ability to control costs and reduce losses. OrganiGram has reported negative earnings before interest, taxes, depreciation and amortization (EBITDA) for the past four years, but I expect things to improve as the company reduces costs and increases revenues.
| Fiscal year | EBITDA (millions of Australian dollars) | Growth |
| 2016 | $1.7 | N/A |
| 2017 | -$8.2 | -568.1% |
| 2018 | -$11.9 | -45.5% |
| 2019 | -$60.3 | -407.2% |
| 2020 | -$161.7 | -168.1% |
(Source: MarketWatch, op. cit.) OrganiGram Holdings Inc. is making a loss on both a GAAP and adjusted earnings per share (EPS) basis.
| Fiscal year | GAAP diluted earnings per share (C$) | Growth |
| 2016 | $0.01 | N/A |
| 2017 | -$0.11 | -900.0% |
| 2018 | $0.16 | 244.4% |
| 2019 | -$0.07 | -141.9% |
| 2020 | -$0.79 | -1,064% |
(Source: MarketWatch, op. cit.) As the company keeps its costs under control, we should see improvements. OrganiGram Holdings Inc. is expected to reduce its adjusted loss in 2021 to C$0.43 per diluted share. This is despite the fact that the company’s revenues will decline in 2021. (Source: Yahoo! Finance, op. cit.) This figure is expected to improve to a loss of C$0.08 per diluted share in 2022. OrganiGram had negative free cash flow, but the company’s focus on cost reduction should increase free cash flow.
| Fiscal year | Free cash flow (in millions of Canadian dollars) | Growth |
| 2016 | -$6.6 | 36.7% |
| 2017 | -$40.2 | -509.5% |
| 2018 | -$71.9 | -79.0% |
| 2019 | -$148.8 | -107.0% |
| 2020 | -$126.0 | 15.3% |
(Source: MarketWatch, op. cit.)
Analyst
In my opinion, OrganiGram Holdings Inc.’s projected revenue growth and trajectory to adjusted profitability by 2022 are encouraging. The performance of OrganiGram’s shares will largely depend on the recovery of the Canadian economy and continued vaccine sales. A final consideration is that the relatively small size of OrganiGram opens up the possibility of acquisitions.
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The CBSA will impose fines on travelers who provide information to an official that is not truthful, accurate and complete, or who fail to declare imported goods containing cannabis. Undeclared cannabis or marijuana products shall be placed in custody without conditions for release. Individuals can face fines ranging from $200 to $2,000. The penalties depend on the severity, the history of non-compliance and the nature of the violation. In serious cases, the CBSA may still impose criminal penalties.
420 Intel is the world’s leading source of cannabis information. Get the latest news on cannabis legalization, policy and technology, and the evolution of medical and recreational marijuana. Our goal is to bring you the most important cannabis news every day of the week. At 420 Intel, we know that effective coverage of the marijuana industry is an ongoing process. Every day there is news about the legalization of cannabis, technological developments and the medical benefits of marijuana use. Each new development has the potential to impact the marijuana industry regionally, nationally and internationally. 420 Intel is a marijuana industry news portal that keeps you up to date on these events and how they affect the world around you. Since the marijuana industry is constantly changing, you need an information channel that will keep you up to date with the latest information. At 420 Intel, we cover marijuana legalization news from around the world, provide reliable information to cannabis business owners, explain technological developments affecting the marijuana industry, report on marijuana gatherings around the world, and everything else. You can get 420 Intel news delivered straight to your inbox by subscribing to our daily cannabis news to keep up to date with the ever-changing cannabis industry. To stay up to date on marijuana legalization, follow us on Twitter, Facebook and LinkedIn. 
Ashley Priest is a patient, mother, entrepreneur and activist fighting for the abolition of drug prohibition around the world, for a better future for all. Ashley is passionate about sharing knowledge about the divine plant that is cannabis. She believes that one seed can make all the difference and that together, through education, we can end the stigma that prevents cannabis from reaching its full potential worldwide. 
I love the Exotic Blooms website. It has a sleek, luxurious aesthetic and an extensive, easy-to-navigate menu full of beautiful photos. Once you find what you’re looking for, call/text Exotic Blooms at +1 (202) 317-9158 to place your sticker order and select gifts. Happy hour is Monday through Thursday from 3pm to 6pm. Don’t forget to send them selfies and a picture of your ID! It’s commonplace in Washington these days, amigo. Shipping is $20, but if you say you saw them here on the site, you get $10 off your first sticker purchase! 
Today we look at her London Poundcake flowers. The eighth one I picked up was full of three swollen light green nuggets dotted with orange and amber hairs. This specimen is perfectly manicured, with no superfluous stems or sugar leaves. Tiny trichomes cluster along the width like a shaggy carpet. The cones are fairly tight, but a little dry. Overall, the bag feels excellent. 
When I sniff London Poundcake, I smell a slightly luscious vanilla scent. Despite the lack of flavor, the smoke is mild, meaning there is no aftertaste – a biting sensation in the mouth or lungs when smoking. The smoke is a bit heavy though, which has to do with whether it makes me cough or not. In this case, it’s when I take a big hit. Overall, it’s a great cigarette that I keep picking up. 
London Poundcake by Exotic Blooms whets the appetite. Somewhere between half an hour and an hour the gentleman is led to satisfy his sudden hunger once more in the helpless pantry. My butt has gotten fat from my frequent visits to the store, and the herd of sugar-laden carbs needs to be thinned out. …. thinned out… Wheat Thins… washed down with… Yes, yes, of course… Maple syrup. I’ll be back. Physically, as you can imagine, London Poundcake leans towards indica. It puts me in a calm and serene mood, and – in moderate amounts, with caffeine – I find it conducive to creativity, even somewhat cerebral. It definitely helped me focus on writing my book this week. It’s a great addition to your music listening when you have things to do – check out today’s listening worm! But when you’re done with the horror, LPC is also very funny, so it’s great for Letterkenny. T-shirts! In case you didn’t already know, I really like London Poundcake from Exotic Blooms. I highly recommend you try them! 
The reason for the decline in the cannabis sector over the past two months is simple. Cannabis stocks experienced a huge rally in 2020, and after a big rally, it’s normal for traders and short-term investors to take some profits. This leads to a slight pullback and consolidation into a higher range. After that, stocks usually stabilize, and then the stage is set for another rally. That’s what I’m here for. This looks like a short-term pullback, and once the sector stabilizes, I expect the long-term uptrend to continue.
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As we’ve said before, marijuana wants to grow. He is able to adapt to the bizarre climate changes that can occur. But, like people, he’s not a big fan of extreme weather conditions. If it’s too hot or too cold outside, the cannabis plant just won’t respond positively. The plant (in its vegetative phase) likes a temperature of 70-85°F. If you live in a place where it is warmer than 80°F for an extended period of time, the plant may be damaged or even die. During the flowering phase (the phase when the plant produces buds), marijuana likes temperatures around 65-80°F. Keep in mind, however, that these temperatures are just its preferences. A few days with 90 degree temperatures doesn’t mean your crops are doomed. APPROPRIATE: The power of the plant: Grow your own medical 
Of course there are unscrupulous people who will try to steal your plants if they get the chance. Therefore, it is always advisable to build the garden in a secluded and safe place. We recommend the use of portable containers for more flexibility. This way you can experiment with the placement of the plants during the vegetative phase. This also allows you to put your plants inside at night to keep them safe and cool until morning. If you plant the 
You need to keep the soil moist, so depending on the size of the plant, it needs 1 to 10 gallons of water per day in areas with higher temperatures. A good watering can in the morning should help. Don’t forget to keep the soil moist without flooding the plants. So if you find that water is collecting above the ground for an extended period of time, it’s time to let go of the hose a bit. Water them again when the topsoil is dry. APPROPRIATE: What is the difference between sun-grown and indoor marijuana? You may need to protect your plants from animals and other hungry creatures. As with any other garden plant, it can be done with a small hedge. Insects can also be a problem. The three most common pests on hemp plants are spider mites, mushroom flies and root aphids. There are natural insecticides on the market that can prevent these insects from destroying your crops. Professional growers often try to take an overly scientific approach to the cultivation of cannabis, believing that this will result in a higher quality product. And we’re not saying they’re wrong. But when you’re growing marijuana, you don’t have to worry about every little thing. As we have said many times before, cannabis wants to grow. This is one of the reasons why it is often called an herb. You know, when it grows like a weed? Make sure your plants have sun, good soil and water and enjoy the process. You’ll be amazed at the results.
Lo is a millennial mother trying to live life to the fullest. Her interests include travel, design, food and promoting responsible cannabis use. 
Are you craving cheesecake when following a keto diet, but don’t want to make a classic keto cheesecake? You can easily bake the cheesecake in a muffin tin, which is great for portion control. And I love that they are super easy to make with simple ingredients and only 3 grams of net carbs per serving !!!!.
This mini cheesecake recipe has a crispy crust that melts in your mouth, is perfectly rich and super creamy. The irresistible vanilla flavor makes this the best keto cheesecake ever.
