Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Receives Media Attention following Release of Strong Results

August 19, 2019 11:02:25
  • Organigram’s Q3 results marked its fourth quarter in a row of positive adjusted EBITDA*
  • A Bloomberg article states that the company is an outlier due to its high margins and low production costs

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) stands out from other Canadian cannabis companies due to the fact that it has registered four quarters of positive adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), as a Bloomberg article about the enterprise reads (http://nnw.fm/DufT1). Adjusted EBITDA is a non-IFRS measure. For more information, see the company’s latest MD&A.

Organigram’s Q3 and fiscal year-to-date results represent some of the strongest operating and financial metrics amongst Canadian licensed producers. With one of the lowest cultivation costs per gram and…

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NOTE TO INVESTORS: The latest news and updates relating to OGI are available in the company’s newsroom at http://nnw.fm/OGRMF

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