Organigram Holdings Incorporated has released the results for their third quarter.
A net revenue of 24.8 million dollars represented sales from dried flower and oil, over 5 million dollars less than last quarter.
The Moncton-based licence grower suffered a 10.2 million dollar loss for the period.
The company attributes this loss to lower reorders from Ontario as the province made a large number of orders in the previous quarter, before the opening of retail stores.
The report also outlines the company’s expansion, set to be completed by the end of this year.
It also includes plans to produce cannabis edibles and topicals that are expected to hit shelves as early as December.
