On Tuesday, Cannabis producer Organigram Holdings Inc reported first-quarter 2025 gross sales of CA$66.8 million, up 19% year-over-year, beating the consensus of CA$65.4 million.
21% of harvests came from higher efficiency seed-based cultivation, up from 9% in the prior quarter.
Net revenues increased 17% to CA$42.73 million, primarily due to increased recreational cannabis sales, international sales and contributions from Motif sales.
Buzz
At 420 Intel, we cover cannabis legalization news throughout the world, offer reliable information for cannabis business owners, detail technological advances that impact the marijuana industry, cover marijuana rallies from across the globe, and everything in between.
- Buzz
- 7 November 2024
Marijuana legalization fails in Florida as voters in dozens of states weigh more than 140 ballot measures
COLORADO SPRINGS, Colo. (KRDO) - Ballot Initiative 2D and 300 both passed in Colorado Springs on...
- Admin
- 7 March 2024