Organigram Holdings (OGI) Q3 Revenues Rises 31%

Organigram Holdings (NASDAQ: OGI) reported Q3 revenue $29.1 million, versus $22.24 million reported last year.

“We are pleased with the growth in revenue in Q3 as we were better staffed to fulfill the demand for our revitalized product portfolio, which continues to resonate well with consumers,” said Paolo De Luca, Chief Strategy Officer. “The ongoing investment in our genetics and cultivation program has yielded some exciting new dried flower products with more genetics and derivative product launches planned for the near term. Sales are trending higher to date in Q4 supported by a strong outlook for the industry as the number of cannabis retail stores continues to grow and existing stores are permitted to re-open their doors to customers.”

For earnings history and earnings-related data on Organigram Holdings (OGI) click here.

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