RE:RE:Organigram vs WEEDhey Bigbagofweed are you not on the PAT forum as well. Great minds think alike surprised you are not in the OGI forum, that is the play to be at. OGI killing it with earnings ATM.. Can not wait till aApril 25 big surge for OGI comin
BigBagofWeed wrote: Unlike some marijuana growers, CannTrust isn't losing money. The company posted earnings of 11.4 million Canadian dollars in Q1, marking CannTrust's 3rd consecutive quarter of profits.
A big plus for CannTrust's bottom line is that 60% of its sales stemmed from cannabis extracts. These extracts enjoy much higher profit margins than dried cannabis. Even better, CannTrust's cannabis extract sales are growing rapidly. Q1 extract revenue was more than quadruple the amount in the prior-year period.