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Aurora Cannabis revenues rise in Q2, led by strength in medical cannabis sales

Aurora Cannabis revenues rise in Q2, led by strength in medical cannabis sales

BNN Bloomberg
Friday, November 10, 2023 11:14:43 AM UTC

Aurora Cannabis Inc. says it earned $256,000 in the second quarter, up from a loss a year earlier of $45.5 million.

The Edmonton-based cannabis company says net revenue for the quarter was $63.4 million, up from $48.6 million during the same quarter a year earlier.

The company attributed the increase to growth in its global medical cannabis business and quarterly revenue in its plant propagation business. 

CEO Miguel Martin says it was the company's strongest fiscal year to date. 

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