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Organigram reports $90M net loss, recreational pot sales to stall until 2021

Organigram's Trail Blazer products shown in a promotional photo. (Provided)
Organigram’s Trail Blazer products shown in a promotional photo. (Provided)

Organigram (OGI.TO)(OGI) does not expect to show meaningful growth in non-medical cannabis sales until fiscal 2021. The grim projection follows a quarter marked by product write-downs, a wider-than-expected loss, and a missed opportunity to sell larger

 
nikholas
July 21, 2020
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Business

Organigram reports $90M net loss, delayed value-priced pot hurts sales

Organigram's Trail Blazer products shown in a promotional photo. (Provided)Organigram (OGI.TO)(OGI) missed analyst expectations in its third quarter as a reduced workforce delayed the launch...

nikholas
July 21, 2020
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