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Cannabis firm Organigram rises on Q2 profit, revenue jump

ReutersMay 12, 2025 2:47 PM

** Shares of pot firm Organigram OGI.TO rise 6.1% to C$1.7

** Company posts Q2 profit and a jump in revenue on higher international sales and contributions from its Motif acquisition

** Company posts Q2 net income of $42.5 million compared with a loss of $27.1 million a year ago

** Q2 gross revenue rises to $102.8 million, up 79% from a year ago

** Including session's moves, shares are down 24.35% YTD

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