Marijuana producer Organigram stock soars 30% as sales double

Marijuana-producer-Organigram-stock-soars-30%-as-sales-double
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Source: marketwatch.com

Organigram Holdings Inc. stock soared 30% during extended trading Tuesday, as the Canadian weed company reported fiscal first-quarter revenue that jumped two-fold, beating Wall Street estimates. Net revenue rose to C$25.2 million ($19.3 million) from C$12.4 million a year ago, which beat the consensus estimate of C$21 million…

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