Organigram Reports Record First Quarter Fiscal 2023 Results
Organigram currently expects Fiscal 2023 revenue to be higher than that of Fiscal 2022.
- Organigram currently expects Fiscal 2023 revenue to be higher than that of Fiscal 2022.
- The Company believes it is better equipped to fulfill demand in Fiscal 2023 with larger harvests expected compared to Fiscal 2022.
- The Company expects Q2 of Fiscal 2023 revenue to be higher than Q2 of Fiscal 2022.
- The Company has a $29 million capex budget for Fiscal 2023 and if completed as planned during Fiscal 2023, the Company expects to generate positive free cash flows ("FCF") by the end of calendar 2023.