next quarterI see date of Feb 2nd which is a Saturday.Must be the Monday.Looking forward to the next Push.
Founded in New Brunswick in 2013, Organigram is a Canada-based company that strives to provide quality cannabis products to patients across the country. Working with healthcare providers and conducting research, the Company focuses on providing effective and safe products. With a great improvement in the quality and density of its flowers, OGI has already completed expansion projects. The Company has increased its capacity to 36,000 kg/year and is expected to further increase its production to 113,000kg/year by October 2019. OGI has signed Memorandums of Understanding with Prince Edward Island for the supply of approximately $8 -$12 million worth of recreational cannabis and with New Brunswick for 5 million grams in 2018. With approximately 24% of the market share in both Nova Scotia and Prince Edward Island, Organigram is ahead of Aurora, Canopy, and Aphria (TSX:APHA) in those provinces. Leading the Atlantic, OGI is expected to see an increase of 891% in revenue in the upcoming year.
Earnings Release Date: February 02, 2019
- Market Cap: $627.1 million
- Quarterly Revenues: $2.4 million (Q4 2018)
- 1-Month Total Return: – 13.6%
- 3-Month Total Return: – 29.8%