BofC Live is a podcast from Business of Cannabis. Delivering cannabis news and exploring the companies, brands, people, and trends driving the cannabis industry.
On today’s BofC Live segment we connect with Beena Goldenberg, CEO of Organigram. Business of Cannabis has been connecting with Goldenberg on a regular basis to hear updates on the company’s quarterly financials. In terms of the latest financials from Organigram, here are some of the top line results:
- Organigram achieved gross revenue of $43.9 million, up 128% from the same prior-year period and consistent with Q1 Fiscal 2022, despite the impact of seasonality
- Organigram continued record growth in net revenue, reaching $31.8 million, the highest in the history of the Company, up 117% from $14.6 million in the same prior-year period and 5% from $30.4 million in Q1 Fiscal 2022
- Organigram achieved positive adjusted EBITDA of $1.6 million, two quarters ahead of the Company’s initial estimate
See previous conversation with Goldenberg:
- January 2022: Update on Organigram’s quarterly financials
- November 2021: How to gain market share in a crowded and competitive market
- September 2021: Taking the helm of a large cannabis producer right now
Listen to this episode of BofC Live, and all BofC Live episodes, as a podcast:
