Organigram Holdings Inc. reported earnings results for the first quarter ended December 31, 2023. For the first quarter, the company reported sales was CAD 56.27 million compared to CAD 60.88 million a year ago. Revenue was CAD 36.46 million compared to CAD 43.32 million a year ago.

Net loss was CAD 15.75 million compared to net income of CAD 5.33 million a year ago. Basic loss per share from continuing operations was CAD 0.194 compared to basic earnings per share from continuing operations of CAD 0.068 a year ago. Diluted loss per share from continuing operations was CAD 0.194 compared to diluted earnings per share from continuing operations of CAD 0.068 a year ago.