Aurora Cannabis Reports Revenue Surge in Q1, ‘Strong’ Legal Pot Sales

Pot producer Aurora Cannabis Inc. reported a surge in revenues between July and September, and “strong” recreational pot sales since Canada legalized marijuana for adult use last month.

The Edmonton-based company posted revenue in what was the first quarter of the company’s 2019 financial year of $29.7 million, more than triple the $8.2 million during the same period ended Sept. 30 last year.

Aurora’s latest results did not encompass sales of recreational cannabis after Canada legalized pot for adult use on Oct. 17, but its chief executive Terry Booth said the company’s initial roll-out has been a “success” thus far.

– Read the entire article at Global News.