Organigram Holdings (OGI) Reports Q1 Net Loss of $1.3M
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Organigram Reports First Quarter Fiscal 2022 Results
January 11, 2022 6:00 AM EST$30.4 million net revenue represents a record for the Company as it solidifies #4 market share position nationally among Canadian LPs
HIGHLIGHTS
23% growth in gross revenue to $44.3 million from Q4 Fiscal 2021 and 75% from the same prior-year period Achieved highest quarterly net revenue in the history of the Company at 22% growth to $30.4 million, from $24.9 million in Q4 Fiscal 2021 and 57% growth from $19.3 million in Q1 2021 Maintained market share position as #4 Canadian LP with 7.5% market share, up from 4.4% share in Q1 Fiscal 20211 SHRED popularity continues with Tropic Thunder and Funk... More