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The chief executive of Organigram Holdings Inc. — one of the best-performing licensed producers in terms of gross margins since legalization — believes that the core driver of his company’s relative success in the space was its decision to cultivate cannabis not in massive greenhouses, but in smaller indoor facilities instead.

“I had visited 54 different greenhouse sites in Canada, and I had seen a lot of issues. What we saw in an indoor environment was that you can consistently control the environment, and that has really paid off for us,” said Greg Engel, in an interview with the Financial Post at the GMP Cannabis Conference in Toronto, where he was presenting to investors.

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The Moncton, N.B.-based company brought in net revenue of $26.9 million for the quarter ending Feb. 28, 2019, a 117 per cent increase from its previous quarter. Engel said the company was able to meet demand requested from all provinces that it has supply agreements with.