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Bullboard - Stock Discussion Forum OrganiGram Holdings Inc T.OGI

Alternate Symbol(s):  OGI

Organigram Holdings Inc. operates through its subsidiaries. The Company’s major wholly owned subsidiaries include Organigram Inc., 10870277 Canada Inc., The Edibles and Infusions Corporation (EIC), and Laurentian Organic Inc. (Laurentian). Organigram Inc. is a licensed producer (LP) of cannabis, cannabis-derived products and cannabis infused edibles in Canada. It is focused on producing... see more

TSX:OGI - Post Discussion

OrganiGram Holdings Inc > Organigram Posts Revenues Of $19.3 Million, Loss Of $34.3 Mi
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Post by AwareInvestor on Jan 12, 2021 7:39am

Organigram Posts Revenues Of $19.3 Million, Loss Of $34.3 Mi

Organigram Holdings this morning reported its first quarter 2021 financial results for the period ended November 30, 2021. The company reported declining revenues on a quarter over quarter basis, recognizing net revenues of $19.3 million for the three month period, while also posting a net loss of $34.3 million.
Comment by maramos98 on Jan 12, 2021 4:34pm
I am not pleased with these results, however, one of the main issues this quarter was not having enough product to meet demand.  Currently running at 40% capacity. Many sku's consistantly sold out on OCS.  
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