Aurora Cannabis third-quarter revenue jumps 20%

Reuters - finance.yahoo.com Posted 5 years ago

May 14 (Reuters) - Aurora Cannabis Inc reported a 20% jump in quarterly net revenue on Tuesday, as Canada's legalization of recreational cannabis late last year boosted demand.

The Edmonton, Alberta-based company's net revenue rose to C$65.2 million ($48.44 million) from C$54.2 million ($40.27 million) in the second quarter. ($1 = 1.3459 Canadian dollars) (Reporting by Arundhati Sarkar and Tamara Mathias in Bengaluru Editing by Phil Berlowitz)