Aurora reported that second quarter total cannabis net revenue was $60.6 million, up 1% sequentially but down from last year’s $67 million.
Our focus remains on further cost reductions, and we are pleased to announce today that we expect to reach the high end of the $60 to $80 million range.
New international markets are rapidly opening, and with the unique ability to navigate complex regulatory environments, we see a significant revenue opportunity of which we are at the forefront.
Debra Borchardt is the CEO, Co-Founder, and Editor-In-Chief of GMR. She has covered the cannabis industry for several years at Forbes, Seeking Alpha and TheStreet.
The Green Market Report focuses on the financial news of the rapidly growing cannabis industry.