Organigram cites Ontario’s slow retail buildout in lower revenue guidance

MJBizDaily
By Matt LamersNov 12, 2019, 9:29 am73 pts
New Brunswick-based Organigram Holdings issued a revenue guidance Monday, citing Ontario’s slow cannabis retail buildout in the company’s expected fourth quarter net revenue of 16.3 million Canadian dollars ($12.3 million), a substantial decline from the previous quarter’s CA$24.8 million. Analysts had…

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