Aurora Cannabis Announces First Quarter 2020 Results & Corporate Action Plan
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Aurora Cannabis (ACB) Reports Q1 Revenues of $72.245M
November 14, 2019 5:08 PM ESTAurora Cannabis (NYSE: ACB) reported Q1 revenue for the quarter came in at $75.25 million.
Reports Industry Leading Gross Profit of $53.7 Million and 58% Cannabis Gross MarginDelivers Best-in-Class Indoor Cash Cost to Produce of $0.85 per gramAnnounces Plan to Settle March 2020 5.0% Convertible DebenturesRevises Capital Expenditure Plan to Align with Long-Term Market GrowthGenerates Total Revenue of $75.6 Million Including Medical and Consumer Cannabis Net Revenue of $60.5 Million, and Wholesale Cannabis Net Revenues of $10.3 Million"Over the past several years, Aurora has earned its place as a global leader in the cannabis... More
