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Organigram Reports In-Line Q1 Results As Cannabis Sector Tanks (NASDAQ:OGI)

By Alan Sumler

Organigram Reports In-Line Q1 Results As Cannabis Sector Tanks (NASDAQ:OGI)

I change my rating from a Buy to a Hold because of ongoing uncertainty in the sector and weak investor sentiment.

Organigram (NASDAQ:OGI) (TSX:OGI:CA) reported Q1-2025 financial results last Tuesday. Revenue increased YoY, as well as net profit, but net loss persists. The company's stock price is down 37% over the last twelve months, and it is down 17% since

Welcome to the home of The Cannabis Report: a monthly report on the cannabis industry. I am an analyst and consultant in the cannabis industry. I have contributed to High Times Magazine. I currently have a book out, Cannabis in the Ancient Greek and Roman World. I am most interested in technical stock analysis, option strategies, small cap strategies, and emerging markets. Feel free to contact me with any questions about the cannabis industry or publicly traded stocks in the cannabis industry.

Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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