Aurora Cannabis revenues rise in Q2, led by strength in medical cannabis sales Aurora Cannabis revenues rise in Q2 Nov 9, 2023 Nov 9, 2023 Updated Nov 9, 2023 SMS Email Cannabis seedlings are shown at an Aurora Cannabis grow facility in Montreal on Friday, Nov. 24, 2017.THE CANADIAN PRESS/Ryan Remiorz ryr/GAC SMS Email Print Copy article link Save EDMONTON - 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. He says Aurora is experiencing the benefits of diversification across its cannabis and non-cannabis platforms.The company's net revenue from medical cannabis rose 42 per cent from a year earlier, while revenues from consumer cannabis were slightly lower.This report by ºÃÉ«tvwas first published Nov. 9, 2023.Companies in this story: (TSX:ACB) The ºÃÉ«tv Press. All rights reserved. SMS Email Print Copy article link Save Tags Business Health Pharma More Prairies & BC Stories Arson suspected as police vehicles, ambulance torched in B.C. fire Funeral march and service at Olympic Oval for Const. Shaelyn Yang: RCMP Alberta mountain town granted right to appeal order by provincial tribunal +2 Premier Danielle Smith says she distrusts World Economic Forum, Alberta to cut ties B.C. poised to recognize Indigenous communities' right to provide child welfare Alberta health-care unions say review could further destabilize system in crisis B.C. woman grateful for breast milk donations wants to give back Nature Conservancy announces campaign to save landscape in southern Alberta 'Kill Satan': Trial hears Alberta man not criminally responsible for mother's death +3 Scott Gillingham elected Winnipeg mayor in close race with Glen Murray You might be interested in +3 Carney, Sheinbaum sign deal to deepen economic, security ties +5 Residents of Dildo, N.L., express support for 'honorary mayor' Jimmy Kimmel Canada won't split its submarine contract between suppliers: Carney Republican alleges FBI has names of Epstein clients, including 'billionaire' ºÃÉ«tv Sponsored Content Events Coming Up in September +5 Credit unions embrace ‘waves of change’ at CCUA’s national conference “We should be the Taylor Swift of financial institutions.†Similar Stories Military help eyed as search continues for five-year-old in southern Alberta Oilers forward Vasily Podkolzin takes leave of absence after father's death 'It's Nathan day': Calgary bridges named in honour of soldier killed in Afghanistan
+5 Credit unions embrace ‘waves of change’ at CCUA’s national conference “We should be the Taylor Swift of financial institutions.â€
