How Bad Was OrganiGram's Fourth Quarter?
Investors who expected OrganiGram Holdings (NASDAQ: OGI) to report slightly positive earnings were all kinds of disappointed when the company instead reported a slight loss. The Canadian cannabis producer's bottom line missed by $0.15 per share and the stock slipped in response.
It's finally becoming clear to investors that selling marijuana is going to be a low-margin game. Luckily for its shareholders, OrganiGram looks like the only player that bothered reading the instructions first.
Image source: Getty Images.
Source Fool.com
