Organigram Holdings (OGI) Reports Q4 Net Loss of $26M

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Go back to Organigram Holdings (OGI) Reports Q4 Net Loss of $26M

Organigram Reports Fourth Quarter Fiscal 2021 Results

November 23, 2021 6:00 AM EST

Continued growth in net revenue and increased market share

Achieved a 7% share of market in the recreational cannabis market in Q4, up from 5.4% in Q3 2021, positioning Organigram as the #4 licensed producer and the momentum continues with a 7.9% share of market as of October.1 24% growth in gross revenue to $36.2 million in Q4 2021 from Q3 2021 and 43% from the same prior-year period 22% growth in net revenue to $24.9 million in Q4 2021 from Q3 2021 and 22% from the same prior-year period 36% growth in recreational net revenue to $22.9 million in Q4 2021 from Q3 2021 and 52% from the... More