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Why OrganiGram's Q2 Results Were So Ugly

TheMotleyFool

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Why OrganiGram's Q2 Results Were So Ugly

After a dismal stock performance in 2020, OrganiGram Holdings (NASDAQ: OGI) has been on fire this year. The Canadian cannabis producer's shares have soared more than 80% year to date coming into this week. OrganiGram stock even skyrocketed more than 350% at one point earlier this year.

OrganiGram announced its second-quarter results before the market opened on Tuesday. The marijuana stock was slightly lower in early trading. Here are the highlights from the company's Q2 update.

Image source: Getty Images.

Source Fool.com

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