OrganiGram Holdings Reports Q1 Loss of $16.4 Million

TORONTO (AP) - OrganiGram Holdings Inc. (OGI) announced a net loss of $16.4 million in its fiscal first quarter on Tuesday. The Canadian cannabis producer reported a loss per share of 14 cents. Adjusted for non-recurring expenses, the loss narrowed to 5 cents per share.

During the quarter, OrganiGram generated revenue of $30.5 million.

This report was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a full Zacks stock report on OGI at https://www.zacks.com/ap/OGI