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Aurora Posts Q2 Earnings, Touts 562% Spike In 'International Medical' Cannabis Sales


Total cannabis net revenue hovered $70.3 million, excluding provisions of $2.7 million
That s up 11% over the second quarter of 2020
Medical cannabis net revenue reached $38.9 million up 42% versus the second quarter of 2020
That jump was due to a 562% increase in high margin international medical sales
Aurora experienced an adjusted EBITDA loss of $12.1 million
That s an improvement of $53.1 million over the second quarter of 2020
The company reported improved cash use by more than 74% compared to the second quarter of 2020
As of Feb. 10, the Edmonton, Canada-based cannabis producer has about $565 million in cash on hand. To reach profitability, Aurora is expected to partner with third party government and non-government consumer sales channels. ....

Miguel Martin , Aurora Sun , Aurora Cannabis , Term Profitability , Aurora Sky , Great North Distributors , மிகுவல் மார்டின் , அரோரா சூரியன் , அரோரா கஞ்சா , கால ப்ராஃபிடபிலிடீ , அரோரா வானம் , நன்று வடக்கு விநியோகஸ்தர்கள் ,