Organigram Global (OGI) Research & Development (2018 - 2021)
Organigram Global's (OGI) quarterly Research & Development came in at $10.9 million in Q2 2021, up 153.99% year-over-year from $4.3 million in Q2 2020, and up 60.27% quarter-over-quarter from $6.8 million in Q1 2021.
Analysis
Organigram Global (OGI) Research & Development (2018 - 2021) Analysis & Trends
Organigram Global (OGI) has reported Research & Development for 4 consecutive years, with $10.9 million the latest figure, recorded in Q2 2021.
- On a quarterly basis, Research & Development rose 153.99% year-over-year to $10.9 million in Q2 2021; TTM through May 2021 was $22.7 million, a 30.64% increase from a year earlier, with the FY2025 full-year figure at $7.7 million, changed N/A from the prior year.
- Research & Development was $10.9 million for Q2 2021 at Organigram Global, up from $6.8 million in the prior quarter.
- Over five years, Research & Development peaked at $10.9 million in Q2 2021 and troughed at $646000.0 in Q4 2020.
- A 4-year average of $4.4 million and a median of $4.3 million in 2020 frame the typical range for Research & Development.
- Across the five-year window, Research & Development soared 197.65% in 2019 and decreased 3.2% in 2020, its largest moves.
- Over 4 years, Research & Development stood at $2.1 million in 2018, then jumped by 112.69% to $4.4 million in 2019, then tumbled by 85.45% to $646000.0 in 2020, then soared by 1590.25% to $10.9 million in 2021.
- The last three Research & Development figures came in at $10.9 million (Q2 2021), $6.8 million (Q1 2021), and $646000.0 (Q4 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | - |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | - |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | - |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 6.79 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 357,000.00 |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | - |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | 1.95 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | - |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | - |
| 10 | Organigram Global | 141.08 Mn | 141.08 Mn | 39.15 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2021 | 10.92 Mn |
| Feb 28, 2021 | 6.81 Mn |
| Nov 30, 2020 | 646,000.00 |
| May 31, 2020 | 4.30 Mn |
| Feb 29, 2020 | 5.48 Mn |
| May 31, 2019 | 4.44 Mn |
| Feb 28, 2019 | 3.14 Mn |
| Aug 31, 2018 | 2.09 Mn |
| May 31, 2018 | 1.49 Mn |