XPost: alt.drugs.heroin, sac.politics, soc.retirement
XPost: talk.politics.guns
From:
democrat.organized.crime@disney.com
Good!
Happy to see the pot dealers go down the tubes.
Aurora Cannabis Inc. reported a 24% sequential decline in
revenue Thursday, reporting sales of C$75.3 million ($56.8
million) versus C$98.9 in the previous quarter, as the company
slows its expansion plans in Canada and abroad.
U.S.-traded shares of Aurora ACB, -8.81% ACB, -6.61% fell more
than 11.3% in the extended session.
The company reported fiscal first-quarter net income
attributable to Aurora of C$12.8 million, or a penny a share,
compared with C$105.5 million, or 12 cents a share, in the year-
ago period.
Aurora said that it sold C$30.5 million of medical weed;
recreational sales sequentially declined 33% to C$30 million,
which Aurora said was due to slower provincial ordering. Aurora
sold C$10.3 million worth of wholesale pot, which executives
said mostly consisted of lower-quality product such as trim and
shake, leftovers from the higher-value smokeable flower.
https://www.marketwatch.com/story/aurora-stock-plunges-9-as- cannabis-producer-scales-back-expansion-amid-declining-revenue-
2019-11-14
--- SoupGate-Win32 v1.05
* Origin: www.darkrealms.ca (1:229/2)